Cost & aid
What it costs
In 2023–24, the average first-year paid an estimated $47,539 in total (tuition, housing, food, books and other costs, after grants), $23.3K more than the national median. The 98% who received grants paid $47,001 on average; the other 2% paid the full sticker price of $74,269.
- Full price
- $74,269 a year
- tuition, housing, food, books, and other costs
- Need-based aid
- Little need-based aid above $110K
- aid thins out for families above that income
- Merit aid
- 52% · avg $22K
- of first-years got a grant without federal aid (a proxy: at most colleges that's merit aid)
Cost by family income
Per year for a typical family of four with one child in college. Up to $110K it is the average price federal aid recipients paid (2023–24).
Hover, tap, or use the arrow keys to read the price at an income.
- Published federal figures
- With an average merit award: $52K · proxy: 52% got one. A possibility, not a promise
View as a table
| Family income | Price per year |
|---|---|
| $0–30K | $22K a year |
| $30–48K | $22K a year |
| $48–75K | $34K a year |
| $75–110K | $39K a year |
| $150K | Published data end at $110K |
| $200K | Published data end at $110K |
| $250K | Published data end at $110K |
| $300K | Published data end at $110K |
| $350K | Published data end at $110K |
| $400K and above | Published data end at $110K |
At $150K: Published data end at $110K
Published data end at $110K; use the college's net price calculator for a number.
Your own number depends on the details below, so use the college's calculator for it.
What can change this
- Savings and investments above a typical amount raise the price. The curve assumes typical assets.
- Home equity: some colleges that use the CSS Profile count it. Check this college's own aid page or calculator.
$47,539
Tuition, housing, food, books & other expenses, after grants · 2023–24
98% got grants averaging $27,232; 2% got none.
Who pays what
Share of first-year students, 2023–24.
Housing and food use the college's on-campus rates, so the estimate runs high where many students live at home. “Other expenses” is the college's estimate of personal and transportation costs. Loans aren't subtracted because they're repaid.
$23K
≈ $244/month for 10 years
2.9 yrs
of median salary to cover 4 years of net price
About 1 in 3 undergrads borrows federally.
Everyone who borrowed and left, whether or not they graduated.
Three years into repayment
Where former undergraduates stand on their federal loans.
- Paid in full20%
- Paying it down26%
- Payments paused31%
- Not paying it down17%
- Behind or in default5%
- Forgiven or discharged0%
Some shares are published as a small range to protect privacy.
Who actually gets aid
Aid generosity
ModerateGrants cover 36% of the $74,269 full price on average across all first-years (moderate), more than at 40% of colleges.
$26,730 in grants per first-year ÷ $74,269 full price.
Who gets grants and scholarships
Full-time first-year students (3,315), 2023–24
Where the aid comes from
Share of first-year students receiving each; averages are per recipient.
Aid by family income
The whole first-year class (3,315)
- Federal aid + grants1,520avg grant $33.4K
- Grants, no federal aid1,734avg grant $21.8K
- No grants61pay full price
Students with grants but no federal aid usually got the college's own need-based aid (without federal loans or Pell) or merit aid.
By family income: only students who received federal aid (1,532 of 3,315), because income is only reported for them.
From Baylor University's Common Data Set
First-years and all full-time undergraduates, 2025–26 (estimated).
| First-years | All full-time | |
|---|---|---|
| Have financial need | 58%2,046 students | 46%6,427 students |
| Need met, on average | 71% | 66% |
| Need fully met | 18% | 20% |
| Average aid package | $44,891 | $41,944 |
| Average need-based grant | $39,483 | $35,975 |
| Average need-based loan | $3,407 | $4,184 |
| Merit aid without need | – | 46%average $18,646 |
| Athletic scholarships | – | 342average $46,915 |
41% of the college's own grant dollars were awarded without regard to need.
Each college decides what a family needs, so “100% of need met” can mean different prices at different colleges. Merit awards that went toward a student's need count as need-based here.
Applying for aid
For fall 2026 entrants.
Priority date: February 1 · Reply by: May 1
Dates for fall 2026 entrants; the next cycle's are usually similar.
What the college's own scholarships consider
| Academics | not marked | ✓ |
|---|---|---|
| Art | not marked | ✓ |
| Athletics | ✓ | ✓ |
| Job skills | ✓ | not marked |
| ROTC | ✓ | not marked |
| Leadership | ✓ | ✓ |
| Music or drama | ✓ | ✓ |
| Religious affiliation | ✓ | ✓ |
| State or district residency | not marked | ✓ |
A blank means the college didn't mark it, not that it never counts.
International students
Need-based and merit aid offered.
International applicants file: the CSS Profile ().
Sources:IPEDS Institutional Characteristics survey, 2023–24;IPEDS Student Financial Aid survey, 2023–24;College Scorecard, 2023–24;College Scorecard, most recent release;Baylor University Common Data Set 2025–26, 2026–27;Baylor University Common Data Set 2025–26, 2025–26 (estimated);Baylor University Common Data Set 2025–26, 2025–26;Baylor University Common Data Set 2025–26, Fall 2026 entrants;IPEDS directory (Institutional Characteristics: HD), 2025–26;Common Data Set, most recent releaseAbout the data(retrieved 2026-10-12)