Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 13,023, which is 90.44 % of all undergraduate students. 5,713 students which is 39.89% of undergraduate students received federal student loans and the average loan amount is $6,696.
For full-time, first-time beginning students (freshmen), 95.67% of students received grants or scholarships and 45% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Baylor University since 2014.
For that period, the average number of students who received grants aid/scholarships is 13,023, which is 90.44 % of all undergraduate students. 5,713 students which is 39.89% of undergraduate students received federal student loans and the average loan amount is $6,696.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2014-15 | 12,474 (90%) | $18,954 | 2,748 (20%) | $4,232 | 6,599 (48%) | $6,856 |
| 2015-16 | 12,815 (90%) | $19,793 | 2,619 (18%) | $4,251 | 6,092 (43%) | $6,827 |
| 2016-17 | 13,025 (91%) | $20,525 | 2,618 (18%) | $4,220 | 6,311 (44%) | $6,796 |
| 2017-18 | 13,027 (91%) | $22,356 | 2,722 (19%) | $4,442 | 6,046 (42%) | $6,822 |
| 2018-19 | 12,856 (91%) | $23,384 | 2,653 (19%) | $4,588 | 5,950 (42%) | $6,669 |
| 2019-20 | 12,649 (90%) | $24,605 | 2,391 (17%) | $4,693 | 5,599 (40%) | $6,750 |
| 2020-21 | 13,041 (91%) | $25,693 | 2,371 (16%) | $4,797 | 4,982 (35%) | $6,610 |
| 2021-22 | 13,672 (90%) | $26,225 | 2,155 (14%) | $4,881 | 4,703 (31%) | $6,434 |
| 2022-23 | 13,651 (90%) | $26,006 | 1,974 (13%) | $5,106 | 5,138 (34%) | $6,500 |
| Average | 13,023 (90.44%) | $23,060 | 2,472 (17.11%) | $4,579 | 5,713 (39.89%) | $6,696 |
For the last 10 years, on average, 3,381 (95.67 % of students) received grants or scholarships and its average amount is $22,314. It can cover 38.41% of tuition & fees ($58,100).
In addition, 1,570 (44.56 % of students) students get helped from the students loans (average amount : $12,998).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2014-15 | 3,490 (96%) | $19,478 | 1,955 (54%) | $11,926 |
| 2015-16 | 3,295 (97%) | $20,428 | 1,508 (44%) | $12,264 |
| 2016-17 | 3,386 (97%) | $21,350 | 1,658 (47%) | $11,363 |
| 2017-18 | 3,177 (96%) | $25,467 | 1,563 (47%) | $11,254 |
| 2018-19 | 3,135 (93%) | $24,559 | 1,591 (47%) | $13,069 |
| 2019-20 | 3,080 (93%) | $25,122 | 1,463 (44%) | $13,166 |
| 2020-21 | 3,581 (96%) | $21,460 | 1,488 (40%) | $13,181 |
| 2021-22 | 4,081 (96%) | $22,553 | 1,572 (37%) | $14,404 |
| 2022-23 | 3,202 (97%) | $20,409 | 1,335 (41%) | $16,353 |
| Average | 3,381 (95.67%) | $22,314 | 1,570 (44.56%) | $12,998 |
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 560 (15.89 % of students) received Pell (federal) grants and its average amount is $4,657.
In addition, 650 students received State/local government grants/scholarships (18.56 % of students).
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2014-15 | 723 (20%) | $4,294 | 181 (5%) | $984 | 897 (25%) | $3,669 | 3,468 (96%) | $17,706 |
| 2015-16 | 525 (15%) | $4,402 | 212 (6%) | $960 | 733 (22%) | $3,735 | 3,291 (97%) | $18,856 |
| 2016-17 | 607 (17%) | $4,345 | 186 (5%) | $963 | 677 (19%) | $3,710 | 3,380 (97%) | $19,812 |
| 2017-18 | 717 (22%) | $4,499 | 234 (7%) | $953 | 587 (18%) | $3,774 | 3,173 (96%) | $23,714 |
| 2018-19 | 602 (18%) | $4,747 | 297 (9%) | $952 | 526 (16%) | $3,722 | 3,122 (93%) | $23,028 |
| 2019-20 | 464 (14%) | $4,921 | 760 (23%) | $2,367 | 539 (16%) | $3,824 | 3,070 (93%) | $23,203 |
| 2020-21 | 577 (16%) | $4,762 | 796 (21%) | $2,413 | 737 (20%) | $3,741 | 3,481 (94%) | $19,944 |
| 2021-22 | 518 (12%) | $4,946 | 1,141 (27%) | $2,929 | 667 (16%) | $3,826 | 3,984 (94%) | $20,980 |
| 2022-23 | 303 (9%) | $5,000 | 282 (9%) | $1,971 | 491 (15%) | $3,670 | 3,177 (97%) | $19,350 |
| Average | 560 (15.89%) | $4,657 | 454 (12.44%) | $1,610 | 650 (18.56%) | $3,741 | 3,350 (95.22%) | $20,733 |
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 1,570 (44.56 % of students) get any students loan help and its average loan amount is $1,570.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2014-15 | 1,955 (54%) | $11,926 | 1,911 (53%) | $5,753 | 659 (18%) | $18,695 |
| 2015-16 | 1,508 (44%) | $12,264 | 1,446 (43%) | $5,526 | 471 (14%) | $22,301 |
| 2016-17 | 1,658 (47%) | $11,363 | 1,613 (46%) | $5,504 | 431 (12%) | $23,116 |
| 2017-18 | 1,563 (47%) | $11,254 | 1,514 (46%) | $5,479 | 434 (13%) | $21,414 |
| 2018-19 | 1,591 (47%) | $13,069 | 1,545 (46%) | $5,446 | 503 (15%) | $24,612 |
| 2019-20 | 1,463 (44%) | $13,166 | 1,404 (43%) | $5,591 | 446 (14%) | $25,588 |
| 2020-21 | 1,488 (40%) | $13,181 | 1,402 (38%) | $5,411 | 449 (12%) | $26,787 |
| 2021-22 | 1,572 (37%) | $14,404 | 1,446 (34%) | $5,257 | 525 (12%) | $28,649 |
| 2022-23 | 1,335 (41%) | $16,353 | 1,275 (39%) | $5,315 | 527 (16%) | $28,566 |
| Average | 1,570 (44.56%) | $12,998 | 1,506 (43.11%) | $5,476 | 494 (14.00%) | $24,414 |
Ratings & Review
Tina Wissner (Alum)
Best Choice Texas Colleges
My number 1 pick paid off. Although BU is one of the more expensive universities, the investment is priceless. The freshman line camp preceding 2nd semester sorority/fraternity, allows students a wider range of student relationships. Thank you Baylor University for committed faculty and forever friendships.
Tina Wissner strongly recommends the school.