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 2014-15 academic year J.D. and LL.M. tuition and fees:
Tuition* $37,994
Fees $112
Total $38,106

*$1,310 per credit hour for less than full-time
*Tuition cost per semester: $18,997

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.

Students wishing to borrow loans must file a Free Application for Federal Student Aid (FAFSA) online at www.fafsa.ed.gov and request the analysis be sent to Drake University (school code 001860).  Loan eligibility will be determined after the FAFSA analysis is received at Drake.  

The 2014-15 estimated J.D. and LL.M. student budget:
Tuition* $37,994
Fees $112
Living Expenses (estimate) $17,300
Books (estimate) $1,500
Loan Fee (estimate) $1,240
Total $58,146

* $1,310 per credit hour for less than full-time
* Tuition cost per semester: $18,997

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/
Withdrawal/Refunds: http://www.drake.edu/finaid/financialaidbasics/completewithdrawals/

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/

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

 
Last Modified: 12/12/2014 10:39:00 AM by Preston Nicholson