Scholarships, Grants, and Loan Trends at Baylor

No Change

Received Percent Changed

$7,052

Received Amount Changes

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.

All Undergraduate Students Financial Aid Over Time

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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1512,474 (90%)$18,9542,748 (20%)$4,2326,599 (48%)$6,856
2015-1612,815 (90%)$19,7932,619 (18%)$4,2516,092 (43%)$6,827
2016-1713,025 (91%)$20,5252,618 (18%)$4,2206,311 (44%)$6,796
2017-1813,027 (91%)$22,3562,722 (19%)$4,4426,046 (42%)$6,822
2018-1912,856 (91%)$23,3842,653 (19%)$4,5885,950 (42%)$6,669
2019-2012,649 (90%)$24,6052,391 (17%)$4,6935,599 (40%)$6,750
2020-2113,041 (91%)$25,6932,371 (16%)$4,7974,982 (35%)$6,610
2021-2213,672 (90%)$26,2252,155 (14%)$4,8814,703 (31%)$6,434
2022-2313,651 (90%)$26,0061,974 (13%)$5,1065,138 (34%)$6,500
Average13,023 (90.44%)$23,0602,472 (17.11%)$4,5795,713 (39.89%)$6,696
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

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 AmountNumber Received (percent**)Average Amount
2014-153,490 (96%)$19,4781,955 (54%)$11,926
2015-163,295 (97%)$20,4281,508 (44%)$12,264
2016-173,386 (97%)$21,3501,658 (47%)$11,363
2017-183,177 (96%)$25,4671,563 (47%)$11,254
2018-193,135 (93%)$24,5591,591 (47%)$13,069
2019-203,080 (93%)$25,1221,463 (44%)$13,166
2020-213,581 (96%)$21,4601,488 (40%)$13,181
2021-224,081 (96%)$22,5531,572 (37%)$14,404
2022-233,202 (97%)$20,4091,335 (41%)$16,353
Average3,381 (95.67%)$22,3141,570 (44.56%)$12,998
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15723 (20%)$4,294181 (5%)$984897 (25%)$3,6693,468 (96%)$17,706
2015-16525 (15%)$4,402212 (6%)$960733 (22%)$3,7353,291 (97%)$18,856
2016-17607 (17%)$4,345186 (5%)$963677 (19%)$3,7103,380 (97%)$19,812
2017-18717 (22%)$4,499234 (7%)$953587 (18%)$3,7743,173 (96%)$23,714
2018-19602 (18%)$4,747297 (9%)$952526 (16%)$3,7223,122 (93%)$23,028
2019-20464 (14%)$4,921760 (23%)$2,367539 (16%)$3,8243,070 (93%)$23,203
2020-21577 (16%)$4,762796 (21%)$2,413737 (20%)$3,7413,481 (94%)$19,944
2021-22518 (12%)$4,9461,141 (27%)$2,929667 (16%)$3,8263,984 (94%)$20,980
2022-23303 (9%)$5,000282 (9%)$1,971491 (15%)$3,6703,177 (97%)$19,350
Average560 (15.89%)$4,657454 (12.44%)$1,610650 (18.56%)$3,7413,350 (95.22%)$20,733
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,955 (54%)$11,9261,911 (53%)$5,753659 (18%)$18,695
2015-161,508 (44%)$12,2641,446 (43%)$5,526471 (14%)$22,301
2016-171,658 (47%)$11,3631,613 (46%)$5,504431 (12%)$23,116
2017-181,563 (47%)$11,2541,514 (46%)$5,479434 (13%)$21,414
2018-191,591 (47%)$13,0691,545 (46%)$5,446503 (15%)$24,612
2019-201,463 (44%)$13,1661,404 (43%)$5,591446 (14%)$25,588
2020-211,488 (40%)$13,1811,402 (38%)$5,411449 (12%)$26,787
2021-221,572 (37%)$14,4041,446 (34%)$5,257525 (12%)$28,649
2022-231,335 (41%)$16,3531,275 (39%)$5,315527 (16%)$28,566
Average1,570 (44.56%)$12,9981,506 (43.11%)$5,476494 (14.00%)$24,414

Ratings & Review

  1. T
    Tina Wissner (Alum)
    • August 14, 2024
    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.