Number Received Financial Aid (All Undergraduate)
13,651
Percent Received Financial Aid(All Undergraduate)
90%
Average Aid Amount
$26,006
Number Received Financial Aid (Freshmen)
3,227
Percent Received Financial Aid (Freshmen)
98%
Financial Aid Information at Baylor
For the academic year 2023-2024, a total of 13,651 students (90% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $26,006. For freshmen (Full-time, first-time degree-seeking undergraduate students), 3,227 students (98% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Baylor University is $58,100, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 13,651 students (90% of all students) have received grants or scholarships and the average received aid amount is $26,006. 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 | 13,651 | 90% | $26,006 |
| Pell Grants | 1,974 | 13% | $5,106 |
| Federal Student Loans | 5,138 | 34% | $6,500 |
Beginning Students Financial Aid
a total of 3,227 beginning students (98% of all freshmen) have received any financial aid and 3,223 students (98% 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 | 3,227 | 98% | - |
| Grants or Scholarship from All Sources | 3,202 | 97% | $20,409 |
| Federal Grants | 303 | 9% | $6,834 |
| Pell Grants | 303 | 9% | $5,000 |
| Other Federal Grants | 282 | 9% | $1,971 |
| State/Local Grants | 491 | 15% | $3,670 |
| Institutional Grants | 3,177 | 97% | $19,350 |
| Student Loans | 1,335 | 41% | $16,353 |
| Federal Student Loans | 1,275 | 39% | $5,315 |
| Other Student Loans | 527 | 16% | $28,566 |
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