Drake University

Drake University is a mid-size private non-profit doctoral university located in Des Moines, Iowa, with an undergraduate enrollment of 2,543. Classified as a doctoral research university, it supports graduate programs in select disciplines and allocates significant resources to faculty research activity alongside its undergraduate mission. As an independently governed, non-profit institution relying on tuition, endowment returns, and philanthropic support, it operates within the broader Iowa postsecondary education landscape and is regionally accredited, making its credits and degrees eligible for federal financial aid. With a 64% acceptance rate, admission is broadly accessible. With a 64% acceptance rate, the institution is broadly accessible while maintaining academic standards. Net price for families earning \$48,001–$75,000 averages $25,171 per year. The 4-year graduation rate is 76%, 31 percentage points above the national average of 45%. Among students who received federal financial aid, 10-year median earnings are $71,901. The student-to-faculty ratio is 11:1. Prospective students are encouraged to review net price calculators and complete the FAFSA early, as institutional aid availability varies significantly by family income level.