Costs & Financial Aid
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Drake Law School’s tuition and debt levels have consistently been well below the national averages for private institutions. Employers nationwide have high regard for Drake Law graduates, and the practical education you receive here will prepare you for a rewarding professional life.

Costs

The 2013-14 estimated J.D. and LL.M. student budget is:
Tuition* $36,550
Fees 112
Living Expenses (estimate) 16,745
Books (estimate) 1,500
Loan Fee (estimate) 1,160
Total $56,067
* $1,260 per credit hour for less than full-time


Financial Aid

The financial assistance program at Drake is intended to provide you with the resources to finance your legal education completely.

Drake Law School awards more than $4 million in scholarships annually. Approximately 55% of Drake Law students receive scholarships, and more than 90% receive government-funded loans.

The amount and types of aid you are awarded depends upon your demonstrated financial need and academic achievement.  Financial need is determined through an evaluation of the FAFSA.  The fafsa may be filed at www.fafsa.ed.gov and should be sent to Drake University (school code 001860).  


Helpful Websites

Financial Aid-General
Student Financial Aid:  www.finaid.org
FAFSA:  www.fafsa.ed.gov
Federal PIN Registration:  www.pin.ed.gov
Mapping Your Future:  www.mappingyourfuture.org
Student Guide to Federal Aid:  www.studentaid.ed.gov/guide/

National Scholarship Search Engines
Fastweb:  www.fastweb.com
Scholarship Search:  http://www.scholarships.com/

Repayment Information
Income Based Repayment:  www.ibrinfo.orghttp://studentaid.ed.gov/students/publications/factsheets/factsheet_IncomeBasedRepayment.pdf
Direct Consolidation Loans:  www.loanconsolidation.ed.gov
Financial Aid Calculators:  http://www.finaid.org/calculators/

Click here for general information about the financial aid process and budgeting presented by Jeff Hanson, LSAC financial aid consultant.

* At this time there are no scholarships allocated for LL.M. students.

 
Last Modified: 3/6/2013 1:18:00 PM by Andrew English