Official tuition and fees are set by the Office of Finance and Administration and administered through the Student Accounts Office. The most current version of the Drake University tuition and fees schedule is located on the Student Accounts web site. 

Drake University Tuition Guarantee

The Drake Guarantee enables students and families to plan for the cost of a college education by stabilizing the full-time undergraduate tuition for the four years required to complete most degree programs. Eligible students receive a four-year guaranteed rate schedule.

Students become eligible upon initial enrollment in a bachelor's degree program, pre-pharmacy program or associate’s degree program.  Eligibility expires after eight consecutive fall and spring semesters.  If at the end of the eight semesters a student has not completed his or her degree, the student may request an extension. Requests for an extension should be submitted to the Director of Student Accounts. Students who have withdrawn and are readmitted may rejoin their original guarantee cohort if the duration of the cohort has not elapsed. Absent of extenuating circumstances, the expiration date of the guarantee will not be extended.

Other tuition and fee rates are determined independently of the rates included in the guarantee and assessed using the published schedule of tuition and fees for that academic year.

Tuition and Fees

2026-2027 Summary of Tuition

Note: Other tuition rates may be applied as specified in contractual terms with or as passed through by third party organizations

2026-2027 Summary of Fees

2026-2027 Summary of Room Fees

2026-2027 Summary of Meal Plans

Payment Options

One or more payment options are available to students with account balances not covered by pending financial aid, depending on circumstances, including payment in full, payment plans, tuition rebate, and employer deferment. Information regarding payment options can found here.