Drake University

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2023 Undergraduate Tuition
$49,466
4% growth from 2022
2023 Acceptance Rate
64.1%
7,741 Applicants
2023 Enrolled Students
4,504
76.1% Full-Time
2023 Graduation Rate
76.6%
533 Graduates

About

Drake University is a higher education institution located in Polk County, IA. N/A

In 2023, 1,539 degrees were awarded across all undergraduate and graduate programs at Drake University. 63.1% of these degrees were awarded to women, and 36.9% awarded men. N/A

The median undergraduate tuition at Drake University is $49,466, which is $24,891 more than the national average for Masters Colleges and Universities ($24,575).

Costs

In 2023, the median undergraduate tuition at Drake University is $49,466, which is $24,891 more than the national average for Masters Colleges and Universities ($24,575).

Tuition Costs

$49,466
2023 Undergraduate Tuition

In 2023, the cost of tuition at Drake University was $49,466. The cost of tuition at Drake University is $24,891 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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Admissions

Drake University received 7,741 undergraduate applications in 2023, which represents a 10.2% annual growth. Out of those 7,741 applicants, 4,964 students were accepted for enrollment, representing a 64.1% acceptance rate.

There were 4,504 students enrolled at Drake University in 2023. N/A

Drake University has an overall enrollment yield of 12.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.1%
Acceptance Rate in 2023
4,964
Accepted Out of 7,741

In 2023, the undergraduate acceptance rate of Drake University was 64.1% (4,964 admissions from 7,741 applications). This is lower than the acceptance rate of 2022, which was 67.2%. Between 2022 and 2023, the number of applicants declined by 10.2%, while admissions declined by 14.4%.

This chart compares the acceptance rate of Drake University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Drake University had a total enrollment of 4,504 students in 2023. The full-time enrollment at Drake University is 3,427 students and the part-time enrollment is 1,077. This means that 76.1% of students enrolled at Drake University are enrolled full-time.

The enrolled student population at Drake University, both undergraduate and graduate, is 74.8% White, 6.64% Hispanic or Latino, 5.88% Black or African American, 4.75% Asian, 4.17% Two or More Races, 0.133% American Indian or Alaska Native, and 0.0888% Native Hawaiian or Other Pacific Islanders.

N/A N/A

Full-Time vs Part-Time Enrollment

76.1%
Full-Time Enrollment

The total enrollment at Drake University in 2023, both undergraduate and graduate, is 4,504 students. The full-time enrollment at Drake University is 3,427 and the part-time enrollment is 1,077. This means that 76.1% of students enrolled at Drake University are enrolled full-time compared with N/A% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Drake University (in red) compares to similar universities.

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Retention Rate over Time

84%
2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Drake University was 84%. N/A

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    3,371 enrolled students
  2. Hispanic or Latino
    299 enrolled students
  3. Black or African American
    265 enrolled students

The enrolled student population at Drake University is 74.8% White, 6.64% Hispanic or Latino, 5.88% Black or African American, 4.75% Asian, 4.17% Two or More Races, 0.133% American Indian or Alaska Native, and 0.0888% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 18 students (0.4%) did not report their race.

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Graduates

In 2023,  the most specialized majors across all degree types at Drake University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (169 degrees awarded), Communications (150 degrees), and Education (258 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Drake University are Elementary & middle school teachers (1,544,382 people), Secondary school teachers (503,303 people), Education administrators (285,723 people), Other managers (258,547 people), and Special education teachers (209,456 people).

The most specialized majors at Drake University in 2023 are Legal (169 degrees awarded), Communications (150 degrees), Education (258 degrees), Natural Resources & Conservation (19 degrees), and Interdisciplinary Studies (66 degrees) (as of 2023).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Drake University are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Drake University are Legal (169 degrees awarded), Communications (150 degrees), Education (258 degrees), Natural Resources & Conservation (19 degrees), and Interdisciplinary Studies (66 degrees) (as of 2023).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Drake University are Elementary & secondary schools (3,023,117 people), Colleges, universities & professional schools, including junior colleges (421,463 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (231,423 people), Legal services (186,760 people), and Computer Systems Design (153,134 people).

The most specialized majors at Drake University are Legal (169 degrees awarded), Communications (150 degrees), Education (258 degrees), Natural Resources & Conservation (19 degrees), and Interdisciplinary Studies (66 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Drake University.
Most Common (2023)
  1. 49 degrees awarded
  2. 48 degrees awarded
  3. 45 degrees awarded

In 2023, the most common bachelors degree concentration at Drake University was General Marketing & Marketing Management with 49 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Drake University according to their major.

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Sex Breakdown for Common Majors

568
Degrees Awarded to Men
in 2023
971
Degrees Awarded to Women
in 2023

In 2023, 568 degrees were awarded to men at Drake University, which is 0.585 times less than the number of degrees awarded to females (971).

This chart displays the sex disparity between the top 5 majors at Drake University by degrees awarded.

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Operations

Drake University has an endowment valued at nearly $267M, as of the end of the 2023 fiscal year. The return on its endowment was of 27.6M (10.4%) compared to the N/A% average return (N/A on N/A) across all Masters Colleges and Universities.

In 2023, Drake University had a total salary expenditure of 163M. N/A Most academics at Drake University are Male Professor (66), Female Professor (54), and Male Associate professor (51).

Endowment

$267M
2023 Endowment
8.75%
growth from 2022

This line chart shows how the endowment at Drake University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Professor
  2. Female Professor
  3. Male Associate professor

In 2023, the most common demographic for instructional staff at Drake University was Male Professor with 66 employees, Female Professor with 54 employees, and Male Associate professor with 51 employees.

This chart shows the sex split between each academic rank present at Drake University.

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