Baylor University Tuition and Fees

Baylor University Tuition and Fees

On this page:

    By Susan Guillory

    (Last Updated – 01/2025)

    Total Cost of Attendance

    Located in Waco, Texas, Baylor University is known for its high-caliber education and Christian values. Baylor University tuition is $54,844 a year (based on 2023-24 numbers). In comparison, the average tuition for four-year private nonprofit institutions is $41,540.

    Costs for 2023-24

    Tuition & Fees

    $54,844

    Books & Supplies

    $1,438

    Room & Board

    $14,235

    Other Expenses

    $4,484

    Total Cost of Attendance

    $74,269

    Financial Aid

    Almost all Baylor students (98%) receive some sort of financial aid, including student loans, grants, or scholarships. Baylor is “need-aware,” which means the school may consider a student’s ability to pay in the application process.

    Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books and supplies, and other living expenses.

    The federal government is the largest provider of student financial aid. However, financial aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.

    •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  US Department of Education – Search for a grant from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    While 39% of Baylor students take out federal student loans, 16% take out private student loans. The average private loan to help with Baylor tuition is $28,566 per year.

    Private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    The total costs of attending Baylor for four years would be $297,076, based on 2023-24 pricing. The average cost for private schools is $241,680 for four years, according to CollegeData.com.

    Here’s some Texas Student Loan & Scholarship Information for you.

    Repay student loans your way.

    Find the monthly payment & rate that fits your budget.

    Undergraduate Tuition and Fees

    Costs for 2023-24

    Tuition & Fees

    $54,844

    Books & Supplies

    $1,438

    Total

    $56,282

    In 2023-24, students paid $54,844 for Baylor tuition and $1,438 for books and supplies, for a total of $56,282. This is higher than the average amount for private four-year universities in the U.S. of $42,790.

    Graduate Tuition and Fees

    Baylor offers a variety of graduate degrees. The cost of tuition for graduate school in 2023-24 averaged $41,130, which is higher than the national average of $21,730 for one academic year. There are graduate loans available to help with these costs and additional personal expenses for school.

    Cost per Credit Hour

    Students that opt to attend Baylor for 11 hours or less per semester can pay $2,421 per credit hour rather than pay full-time tuition.

    Campus Housing Expenses

    Costs for 2023-24

    On-campus

    Off-campus

    Room & Board

    $14,235

    $14,594

    Other Expenses

    $3,752

    $4,484

    Total

    $17,987

    $19,078

    First-year students at Baylor University are required to live in one of 19 residence halls. There are also Living-Learning Centers, which are communities organized around specific academic programs, and Residential Colleges, faculty-led communities focused on academic excellence.

    Students can also opt to live off-campus in apartments, duplexes, rooms, or houses. For information about off-campus housing options, this resource can help.

    Baylor University Acceptance Rate

    Fall 2023

    Number of applications

    39,735

    Number accepted

    20,265

    Percentage Accepted

    51%

    When it comes to the Baylor acceptance rate, more than half of all students who apply are accepted.

    Admission Requirements

    To get accepted to Baylor, there are certain requirements and some additional recommendations.

    Required:

    •  Secondary school record

    •  Secondary school GPA

    Recommended:

    •  Completion of college-preparatory program

    •  Letters of recommendation

    •  Admission test scores

    The deadline for Early Decision 1 and Early Action is November 1. Students committing to attending Baylor if accepted will receive a decision by December 15, and the Early Action applicants will receive a decision by February 1. The deadline for Regular Admission is February 1, with a decision by April 10. You can apply to Baylor here .

    SAT and ACT Scores

    Baylor University is a test-optional school, meaning that students are not required to submit SAT or ACT scores.

    Subject

    25th
    Percentile

    75th
    Percentile

    SAT Reading & Writing

    610

    700

    SAT Math

    600

    700

    ACT Composite

    27

    32

    ACT English

    26

    34

    ACT Math

    25

    30

    Graduation Rate

    Wondering how many students graduate from Baylor? The percentage of students who started in 2017 and graduated in six years is 80%.

    Post-Graduation Median Earnings

    Upon graduating, Baylor students earn on average $66,000 per year. This is on par with the national average starting salary for the class of 2024 of $68,516.

    Bottom Line

    Attending Baylor University can provide you with a stellar education, backed by solid Christian values, and the Baylor acceptance rate is 51%. While your financial situation may impact your application, there are plenty of options available to help you pay for your Baylor tuition.

    SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

    View Your Rate

    Photo credit: iStock/Rebecca Todd
    SoFi Private Student Loans
    Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
    Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 04/24/2024 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891. (www.nmlsconsumeraccess.org).
    SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


    SoFi Loan Products
    SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


    Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

    External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


    SOPS0422020
    TLS 1.2 Encrypted
    Equal Housing Lender