Drake reimburses mileage for the use of personal automobiles for actual miles driven during business travel, not gas receipts. The reimbursement rate is based on the current standard mileage rate issued by the Internal Revenue Service.

Effective Jan. 1, 2026, the standard mileage rate issued by the IRS for the use of a car will be $.725 cents per business mile driven.

For the most up to date mileage reimbursement request form, visit the Accounting and Procurement Office site. Feel free to contact accounting@drake.edu with any questions.

— Katie Spoon, Accounts Payable Supervisor