Number Received Financial Aid (All Undergraduate)
13,672
Percent Received Financial Aid(All Undergraduate)
90%
Average Aid Amount
$26,225
Number Received Financial Aid (Freshmen)
4,122
Percent Received Financial Aid (Freshmen)
97%
Financial Aid Information at Baylor
For the academic year 2021-2022, a total of 13,672 students (90% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $26,225. For freshmen (Full-time, first-time degree-seeking undergraduate students), 4,122 students (97% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Baylor University is $54,844, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 13,672 students (90% of all students) have received grants or scholarships and the average received aid amount is $26,225. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Baylor University for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 13,672 | 90% | $26,225 |
| Pell Grants | 2,155 | 14% | $4,881 |
| Federal Student Loans | 4,703 | 31% | $6,434 |
Beginning Students Financial Aid
a total of 4,122 beginning students (97% of all freshmen) have received any financial aid and 4,107 students (96% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Baylor University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 4,122 | 97% | - |
| Grants or Scholarship from All Sources | 4,081 | 96% | $22,553 |
| Federal Grants | 1,142 | 27% | $5,170 |
| Pell Grants | 518 | 12% | $4,946 |
| Other Federal Grants | 1,141 | 27% | $2,929 |
| State/Local Grants | 667 | 16% | $3,826 |
| Institutional Grants | 3,984 | 94% | $20,980 |
| Student Loans | 1,572 | 37% | $14,404 |
| Federal Student Loans | 1,446 | 34% | $5,257 |
| Other Student Loans | 525 | 12% | $28,649 |
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