by our College Data Analytics TeamMost students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Baker University can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Baker provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Baker University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Baker University, 100% of entering full-time freshmen got some type of financial assistance some 233 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,733 |
| Institutional grants & scholarships | 100% | $20,800 |
| Federal Pell grants | 40% | $5,099 |
| State/local grants | 46% | $3,763 |
| Federal student loans | 62% | $5,272 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Baker, around 66% of undergraduates were awarded an average grant or scholarship of $14,101 (across roughly 959 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $14,101 |
| Federal Pell grants | 26% | $4,798 |
| Federal student loans | 44% | $9,035 |
For students living on campus and receiving title-IV aid, grants averaged $25,617.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,357 |
| $30,001 – $75,000 | $18,635 |
| Over $75,000 | $26,717 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,301 |
| Off-campus title-IV students | $22,500 |
For a personalized estimate based on your family’s financial situation, use Baker’s NPC: www.bakeru.edu/fa-calculator/npcalc.htm.
Graduating students at Baker carry a median federal student debt of $18,530 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,530 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Baker.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,045 |
| 25th percentile | $8,561 |
| 75th percentile | $28,153 |
| 90th percentile (highest-debt students) | $38,274 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,445 |
| Middle income | $20,000 |
| High income | $16,815 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,000 |
| Continuing-generation students | $15,765 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,375 |
| Independent students | $25,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Baker.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Baker:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13696 |
| Total Stafford loan amount | $338,760,858 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 34 |
| Total GI Bill amount | $389,612 |
| Average GI Bill amount per recipient | $11,459 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 35 |
| Total DoD amount | $76,916 |
| Average DoD amount per recipient | $2,198 |
References
More about our data sources and methodologies.