Baylor University
Waco, TX, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Calculate your net cost
Average Net Price By Family Income
Average Amount
< $30k
$30k - $48k
$48k - $75k
$75k - $110k
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
Books and Supplies
Tuition Payment Plan
Financial Aid: visit page
Financial Aid Email: [email protected]

Aid & Grants

Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
Average Aid Per Year
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
Average Federal Grant Aid Per Year
Average Institution Grant Aid Per Year
Students receiving state aid
Average State Grant Aid Per Year
Students receiving federal aid
Average Federal Grant Aid Per Year
Average Grant & Scholarship By Family Income
Average Amount
< $30k
$30k - $48k
$48k - $75k
$75k - $110k
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
Total Non-Need-Based Scholarships/Grants

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
Average Loan Amount Per Year
Students receiving federal loans
Average Federal Loans Per Year
Average Other Loans Per Year
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
Loan Default Rate
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.

What Students Are Saying

4.07 Average Rating
Baylor has some of the best scholarships available. It was even voted one of the best value colleges in the nation by Fiske as well as other ranking lists. Personally, through a combination of merit, financial aid, and outside scholarships, I am paying for less than the cost of my room and board. If you want to find out what your merit aid will be, check out the scholarship calculator at -- Also, be aware that for qualifying students, Baylor will add more to that through Financial Aid and scholarships from alumni donors. I've even had the opportunity to have semesterly luncheons and dinners with my donors!
The only downside is that the only way to get an official full ride to Baylor is through being a National Merit Scholar. But, if you are one and you can keep a 3.5 GPA, then I would say Baylor is definitely a good bargain!
Meaghan from Keller, TX
Yes, Baylor is pricey..but it's a PRIVATE university and that's just the way the cookie crumbles. Baylor cares about each student though and Financial Aid advisers are their to help figure out a solution. There is also FAFSA! After visiting campus and interviewing some of the leaders and students at Baylor I believe the education and experience one would gain is worth the money!
Sarah from Houston, TX
Though the price seems overwhelming at first, once you enter and decide to go to Baylor they throw you scholarships to keep you in! As long as you put forth the effort Baylor rewards you for your hard work! And they are EXTRMEELY helpful in the financial aid area if you are struggling. For about a week I for sure thought I would drop out because of money but when I voiced my opinion to the Financial Aid office they helped me right away with payment plans!
Ashlee from Waco, TX
Baylor is one of the least expensive private universities. Yes, state schools are generally cheaper, but Baylor gives huge merit scholarships. If you can even get into UT, Baylor probably will give you a competitive scholarship. Both schools cost about the same for me with my scholarship. There is so much included in tuition. programs galore
Sophomore Baylor Bear
Baylor is a Private University so it is costly. Tuition is about $32,000 per year and does rise about 10% every year. If you are concern with the tuition the school offers lots of scholarships. The main two scholarships you will receive will be your renewable scholarships based that are based on academics and financial needs. As an incoming freshman make sure to make good grades, SAT score, rank and have extracurricular activities. If you are strong on most of these areas you will have a good 4 year scholarship that you will be able to renew if you can maintain a certain GPA at Baylor. The other scholarship is based on financial need which also requires you to keep a certain lower GPA. Besides these renewable scholarships, Baylor offers departmental scholarships, work study, internship opportunities and other financial scholarships. With the problems of the economy your parents may have a change in financial matters and Baylor can help with this. You can apply for a special circumstances form and receive extra help. Basically Baylor is costly, but if you are willing to do the work there is money available.
Katherine from Houston, TX
Though the tuition for Baylor University is a tad bit outrageous, the education that you receive for it is more than worth it. With Baylor's high standards for it's professors (almost all of mine thus far have their doctorate) and the added addition of dining halls with really delicious food and clean dorm the pride that goes with being a part of That Good Ole Baylor Line, if you have the means (or the scholarship) I highly suggest attending.
Megan from Allen, TX
A bit expensive but it's worth it if you're serious about your education.
Ngoc from Houston, TX
You definitely see where your tuition goes here at Baylor. The campus is beautiful and always maintained and there are always numerous events funded by the University. You definitely get what you paid for in terms of academics as well. This of course only maintains to people who take the most out of their classes. If you slack, then that's another issue.
Robert from CC, TX
Everyone knows Baylor reputation for being extremely costly. What everyone does not know is that you get so so so much more than what you pay for. Baylor academically ranks high among the top universities in the world. When you graduate from here you will be set for life. Baylor offers a vast amount of resources with a computer in almost every building room and a library that caters to your academic needs. Baylor also offers a tremendous amount of financial aid if your looking for it, which we all are.
Tochi from Pearland, TX
Baylor is a great school with a great a name and great connections. Baylor offers many great scholarship opportunities. Tuition is expensive; however by taking the right steps students are able to reduce that price through government aid and scholarships significantly. Prospective students are able to calculate their merit scholarship amount on the Baylor website. In addition after filling out FASFA the record will be sent to Baylor and from there a need-based scholarship will be determined. The combination of merit and need-based scholarships makes Baylor a great bang for your buck.
Alvin from Richardson, TX

Similar Colleges