Baylor Financial Aid: What You Must Know
The amount of financial aid and scholarships or grants you are eligible for will vary depending on your circumstances. Below you'll find information on the amount of financial aid , scholarships and grants you can expect from Baylor.
How Many Undergrads Get Financial Aid?
Baylor University's average financial aid deal for newly arriving first year students is $31,404. Around 96.0% of new students receive some type of financial aid, the majority of which is in the form of scholarships and grants.
Student loans are a part of financial aid plans, even so the only true college discount is a grant or scholarship that you don't have to repay.
Concerned about the loans that may be part of your financing deal? Find the average amount of debt per student at Baylor.
How Much Aid is Offered That I Don't Have to Repay? (A.K.A. Scholarships & Grants)?
The numbers below apply to grants and scholarships primarily offered by Baylor University.
96.0% of first year students (3,468 total) were offered scholarships at Baylor University, averaging $17,706 per student. This puts it in the top 20th percentile of all schools nationwide.
As well as scholarships, 20.0% of first year students (723 total) got federal grant aid, averaging $4,540 a person.Check out the usual quantity of grants and scholarships first years receive by looking at the chart below.
Grants are normally based on need while scholarships are based on merit or ability.
Amount of Financial Assistance Per Family Income
The table below displays grant and scholarship distributed by income level for freshmen receiving any sort of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.5% | $25,764 |
| Income 30k-48k | 6.1% | $26,041 |
| Income 48k-75k | 8.9% | $23,827 |
| Income 75k-110k | 12.2% | $21,645 |
| Income 110k + | 23.0% | $16,656 |
Education funding from the government through loans, grants, and work study is known as Title IV aid. Get more info on Title IV here..
$18,954 is the Average Total an Undergraduate Will Get in Scholarships or Grants
12,474 Baylor undergrads obtain grands (this is about 13,859 of the overall student body). The usual amount these students obtain is $18,954
Financial Aid Links from Baylor University
| Financial Aid Department Website | www.baylor.edu/sfs |
| Net Price Calculator | www.baylor.edu/sfs/netpricecalculator/npcalc.htm |
