Costs & Financial Aid
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Drake Law has been named a “Best Value Private Law School” by PreLaw Magazine.


Our tuition and debt levels have consistently been well below the national average for private institutions.


We award more than $4 million in scholarships annually—more than 60% of our students receive scholarships.

Costs

The 2016-17 academic year J.D. and LL.M. tuition and fees:
Tuition* $39,530
Fees $112
Total $39,642

*$1,363 per credit hour for less than full-time
*Tuition cost per semester: $19,815

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. More than 60% 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 2015-16 estimated J.D. and LL.M. student budget:
Tuition* $39,530
Fees $112
Living Expenses (estimate) $17,980
Books (estimate) $1,500
Loan Fee (estimate) $1,530
Total $60,652

* $1,363 per credit hour for less than full-time
* Tuition cost per semester: $19,765

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: www.drake.edu/finaid/financialaidbasics/completewithdrawals

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



 
Last Modified: 7/19/2010 8:09:00 AM by Andrew English