by our College Data Analytics TeamMost students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Wayland Baptist University can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Wayland Baptist University deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Wayland Baptist University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Wayland Baptist University, 95% of new full-time first-years were awarded at least some aid some 236 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $15,801 |
| Institutional grants & scholarships | 74% | $11,511 |
| Federal Pell grants | 59% | $5,502 |
| State/local grants | 65% | $4,562 |
| Federal student loans | 70% | $5,308 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Wayland Baptist University, roughly 67% of undergrads got grants or scholarships worth on average $11,280 (for some 1444 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $11,280 |
| Federal Pell grants | 46% | $5,163 |
| Federal student loans | 50% | $7,214 |
For on-campus title-IV students, average grant aid came to $15,733.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,524 |
| $30,001 – $75,000 | $19,547 |
| Over $75,000 | $23,159 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,590 |
| Off-campus title-IV students | $20,540 |
To get a personalized net price estimate, try Wayland Baptist University’s NPC: app.meadowfi.com/wbu.
Graduating students at Wayland Baptist University carry a median federal student debt of $15,467 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,467 |
| Median federal debt (graduates only) | $23,106 |
| Typical 10-year monthly payment (graduates) | $244.96/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Wayland Baptist University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,166 |
| 25th percentile | $5,500 |
| 75th percentile | $23,664 |
| 90th percentile (highest-debt students) | $33,221 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,445 |
| Middle income | $15,244 |
| High income | $12,750 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,625 |
| Continuing-generation students | $14,461 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,277 |
| Independent students | $17,500 |
The figure below distills the debt data into a single burden category for Wayland Baptist University.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Wayland Baptist University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16825 |
| Total Stafford loan amount | $412,916,634 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 557 |
| Total GI Bill amount | $4,148,255 |
| Average GI Bill amount per recipient | $7,447 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 276 |
| Total DoD amount | $641,865 |
| Average DoD amount per recipient | $2,326 |
References
More about our data sources and methodologies.