Baylor University

In 2022, tuition for full-time Baylor students was $54,844 a year.

In 2023, tuition increased 6%–from $51,738 the previous year. Usually, colleges raise tuition about 3% each year.

If this information makes going to college feel scary, remember, the advertized cost of tuition does not give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make thecost of college feel more doable until you've finishing school and found a job.

Baylor University meets 65.5% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Baylor University is around $32,888 a year.

In 2020, students graduated with an average of $46,992 in student loans for each student with debt.

In-state vs. Out-of-state Tuition at Baylor University

Baylor University is a private, religious institution, which means it has the same tuition for students from Texas as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Take the time to confirm your state's guidelines for how to qualify for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements as well, depending on where you live.

Explore other Texas colleges

Baylor University International Student Tuition

Tuition at Baylor University is the same for each student.

International students are not eligible for loans or grants from the U.S. government, but should research private or Baylor University-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may qualify for the following types of financial support at Baylor University:

•Athletic Awards •Baylor University-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Baylor University Housing Expenses, Fees, and More

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Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Baylor University.

Room and Board Costs at Baylor University

Housing and campus dining at Baylor University is $14,378 a year. This number includes the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat all or some of your meals the school dining halls. Students who do not live on-campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $8,082.

Board costs can depend on the number of meals you intend to eat on-campus

Cost of Books at Baylor University

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be additional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer resources for students who may struggle to participate because of cost can get help covering these costs.

Transportation costs

The cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these factors can drastically impact your transportation budget. At Baylor University, freshman are allowed to park on campus.

The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city is usually costly, but there may be more trains, busses or affordable flights to actually get to school. The Baylor University campus is located in a city in Texas, not far from Dallas-Fort Worth.

Other Costs

When you're planning for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Baylor University

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Now, let’s go over all of the costs we've covered, to get a better estimate of the actual cost of attending Baylor University.

Total Cost of Baylor University

What will the cost of attending Baylor University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$54,844
Room and Board	$14,378
Board Only	$6,512
Other expenses	$2,224

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$71,446
Off-Campus	$63,580

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Baylor University Financial Aid

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In 2023, 7,001 of the 15,213 undergrads enrolled received financial aid. Baylor University meets 65.5% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $32,888 a year. Around 47.5% of Baylor University undergrads take out student loans to cover any remaining costs. Baylor University graduates who have student loans graduate with an average of $46,992 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$20,836
State Loans	$75,050
Baylor University-Specific Loans	$12,200
Private Loans	$58,046

Most Common Loans for Baylor University Students
Federal Loans	45.6%
State loans	5%
Institutional Loans	0.2%
Private loans	15.5%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Baylor University financial aid, keep reading, or visit their financial aid website.

Scholarships at Baylor University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Baylor University awarded 6,644 need-based scholarships to students, giving away total of $183.6 million to help students with financial need cover the cost of school. An additional $128.65 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Baylor University

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Baylor University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Baylor University was $32,888 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Baylor University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$38,558
Off-Campus	$30,692

What will attending Baylor University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Baylor University's net cost calculator on their website.

Baylor University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Baylor University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Baylor University Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Baylor has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Baylor University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Baylor University's endowment was $2 million. The average college endowment was $905 million in 2021. The school spends $17,509 for each full-time student enrolled.

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Learn More About Baylor University

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To learn more about Baylor University, choose from the options below:

Overview

Student Life

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