by our College Data Analytics TeamCollege Factual set out to determine if Drake is asking a fair price for the quality of education they provide. Keep reading for the detailed value report.
Drake University is ranked #1,244 out of 2,223 for value nationwide.
Drake University is priced appropriately for the kind of quality education they provide and thus has earned a fair value recognition from College Factual's analysis.
| School | Total Price | Value Grade |
|---|
*Total price is determined by multiplying average annual cost by time to graduate.
The Drake time to graduate is about 4.1 years and will cost an estimated $37,912 per year. This brings the total cost to 155,439.
| Amount | |
|---|---|
| Average Yearly Cost | $37,912 |
| Average Years to Graduate | 4.1 |
| Estimated Avg Total Cost of Degree | $155,439 |
Consider the average Drake student takes 4.1 years to complete their degree. If you can complete your degree faster than that you will save money. This is just one way your Drake degree may cost less than average.
The overall price of a college can vary depending on your individual circumstances.
Look at the table below to get a sense of how Drake value for your educational dollar might vary.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $247,304 | #0 | F |
| All Students | $155,439 | #1,244 | C- |
| Only Students Receiving Aid | $150,605 | #1,821 | F |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $247,304 | # | F |
| All Students | $155,439 | # | F |
| Only Students Receiving Aid | $150,605 | # | F |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Iowa.
About 100% of Drake students receive financial aid. Get more details on what Drake financial aid you may qualify for.
College Factual calculates value by calculating average Drake cost multiplied by time to graduate, and then compares that number to other schools of a similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.
Read the full Best for the Money Ranking Methodology.
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College Factual's Best for the Money Ranking Methodology.