Baylor University Tuition and Fees
Baylor University Tuition and Fees
(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.
|
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.
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 |
75th |
|
SAT Reading & Writing |
610 |
700 |
|
SAT Math |
600 |
700 |
|
ACT Composite |
27 |
32 |
|
ACT English |
26 |
34 |
|
ACT Math |
25 |
30 |
Popular Majors at Baylor University
Baylor offers more than 125 majors and minors. The school also has a wealth of resources to help graduates find jobs. Here are the most popular majors on campus.
1. Registered Nursing
Students earning a degree in nursing have the opportunity to get firsthand experience at Baylor University Medical Center in Dallas, a renowned teaching and research hospital. The nursing program includes courses in anatomy and physiology, critical care, oncology, and more.
Undergraduate degrees in 2022-23: 362
2. Biology
If you opt for the biology program at Baylor, you can choose one of four concentrations: integrative biology, global health biology, science education, and cell and molecular biology.
Undergraduate degrees in 2022-23: 233
3. Marketing
Marketing students learn how to promote, price, and place a product, and can choose an emphasis on sports, strategy, and sales, or nonprofit and social enterprise marketing. Or they can create their own marketing emphasis.
Undergraduate degrees in 2022-23: 201
4. Psychology
Students can earn either a Bachelor of Arts or a Bachelor of Science in Psychology at Baylor. Coursework includes topics like behavior, personality, interpersonal relationships, and the individual and collective unconscious.
Undergraduate degrees in 2022-23: 146
5. Accounting
Accounting students at Baylor are given a strong base in financial accounting, then taught how to communicate, think critically, and work with a team. Courses cover auditing, tax planning, fraud, and international taxation.
Undergraduate degrees in 2022-23: 146
6. Finance
Finance-minded students have the opportunity to focus on corporate finance or investments and can take courses in stock market operations, international business finance, short-term financial management, and private equity investing.
Undergraduate degrees in 2022-23: 144
7. Communication
Baylor’s communication program has four tracks students can choose from: corporate communication, rhetoric and public discourse, generalist, and honors. Students will learn how to apply communication skills to a variety of professions.
Undergraduate degrees in 2022-23: 137
8. Communication Sciences & Disorders
The communication sciences and disorders major trains students to identify and treat communication and speech disorders. Coursework covers language development, phonological science, speech science, articulation, and aural rehabilitation.
Undergraduate degrees in 2022-23: 99
9. Management Information Systems
Students of the management information systems program will study advanced business networking, systems analysis and design, cybersecurity, data warehousing, and advanced databases.
Undergraduate degrees in 2022-23: 93
10. Political Science
By choosing Baylor’s political science program, you’ll learn about everything from American political history and institutions to global political change. You can also opt to take courses in minority and ethnic group politics, campaigns and elections, and urban political processes.
Undergraduate degrees in 2022-23: 91
Learn more about Baylor’s majors and minors here .
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
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., Puerto Rico, U.S. Virgin Islands, or American Samoa, 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 4/22/2025 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.
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SOPS0422020
Is 612 a Good Credit Score?
Is 612 a Good Credit Score?
By Bob Haegele
A 612 credit score is not a good score. It falls in the fair range, which is the category below what’s considered good. It is also significantly lower than the average credit score in the U.S., which is currently 717.
Credit scores can be complex calculations with several moving parts, but the good category typically ranges from 670 to 739. With a 612 score, you may be able to access loans and lines of credit, but not with as favorable rates and terms as someone with a higher score. Read on to learn the details.
Key Points
• A 612 credit score is considered fair, below the good range and the U.S. average, and may result in higher interest rates and fees when seeking credit.
• Secured credit cards, requiring a deposit, can aid in building credit for individuals with a 612 score.
• Auto loans and mortgages are available, but terms may be less favorable without a cosigner or larger down payment.
• Personal loans may be available with a 612 score. As credit is built, they could help consolidate high-interest debts.
• Building a credit score involves timely payments, reducing credit card balances, and minimizing hard credit inquiries.
What Does a 612 Credit Score Mean?
Typically, a 612 credit score falls in the “fair” range. Credit scores usually range from 300 to 850, so a 612 score isn’t quite at the bottom. However, it does leave much room for improvement.
To put this into context, the typical credit score ranges according to the popular FICO® Score system are:
• 300 to 579: Poor
• 580 to 669: Fair
• 670 to 739: Good
• 740 to 799: Very good
• 800 to 850: Excellent
As you see, 612 sits close to the middle of the fair range. When you look at the entire credit score scale, however, you’ll see that 612 is close to a bad credit score.
Borrowers with scores below 619 may be considered “subprime,” according to the Consumer Financial Protection Bureau, and lenders may consider them a high risk. This can lead to difficulty qualifying for new credit. You may need to show a strong and steady income, proof of employment, and minimal existing debt in this range.
While getting approved for unsecured credit with a 612 score can be difficult, but that doesn’t mean it is impossible.
What Else Can You Get With a 612 Credit Score?
A 612 credit score can limit your prospects, especially if you hope to qualify for credit products with low rates and fees. That said, it doesn’t completely preclude you from qualifying for credit. Here, take a closer look at credit products that may be an option with a 612 credit score.
Can I Get a Credit Card With a 612 Credit Score?
Getting a credit card with a 612 credit score is possible, but your options may be limited.
• For instance, you may need a secured credit card. This card type generally requires putting down a deposit as your credit line. This allows you to build credit to qualify for an unsecured card later. However, it also means you must have the funds to cover your purchases in advance.
• You might also have some unsecured credit card options with a 612 credit score, but they might have a high annual percentage rate (APR) or fees. That can make these cards expensive to use, which can hinder your attempts to build credit. In addition, cards of this type often lack rewards, such as the ability to earn cash back.
If you sign up for an unsecured credit card with a 612 credit score, check the interest rate and fees in advance. In addition, if the card has limited rewards, consider moving to a different card once you build your credit score.
Can I Get an Auto Loan With a 612 Credit Score?
Getting an auto loan with a 612 credit may be challenging, but it can often be done.
• It may be slightly easier if you have what your lender deems a good income and you don’t have too much existing debt. However, the interest rate might be steep, since you are still considered risky. In addition, the lender may not give you particularly good terms on the loan.
• If you aren’t happy with the lender’s interest rates or terms, you can use a secured credit card to build your credit before applying for an auto loan. If it can’t wait, consider adding a cosigner to your loan. However, remember that the cosigner bears full financial responsibility as well. If you struggle to make your payments on time, it’s not just your credit that may suffer — it may also hurt the cosigner’s credit. That, in turn, could impact the relationship between the two of you.
• Another option might be to seek an auto loan designed for those with bad credit. Again, applying for this kind of loan likely means accepting less favorable rates and terms than someone with a higher credit score. This is why it’s crucial to build your credit score before applying, if possible.
• If you don’t qualify for a good rate on your auto loan, one possibility is to come up with a larger down payment. This might be difficult for some borrowers, but it can increase your approval odds and reduce your monthly payment.
Can I Get a Mortgage With a 612 Credit Score?
Getting a mortgage with a 612 credit score is possible, but it may require some flexibility and creativity. As with other loan types, a 612 credit score will likely mean paying higher interest rates than someone with a higher score. This can significantly affect a mortgage, as a 1% difference in your interest rate can mean paying hundreds more per month.
However, prospective homeowners may have more options than those looking for financing to buy a car, even without excellent credit.
• For instance, those with credit scores of 580 and up may qualify for an FHA loan with a 3.5% down payment.
• If your credit score is between 500 and 579, you might qualify for an FHA loan with a 10% down payment. However, you also typically must have a debt-to-income (DTI) ratio of less than 43%. This means your monthly debt payments must be less than 43% of your monthly gross income.
• You might qualify for a USDA loan, depending on where your prospective home is located and other factors. While most lenders like to see a credit score of 620 or 640 or higher, you may qualify for funding from some sources.
• If you have participated in the armed forces, you might qualify for a VA loan. This is another type of loan in which lenders typically want borrowers to have a credit score of at least 620, but you may still get approval.
Can I Get a Personal Loan With a 612 Credit Score?
Personal loans can be a popular way to obtain a lump sum of cash that can be used for a variety of purposes, such as paying off a major car repair bill or financing a wedding.
Getting a personal loan with a 612 score may be possible, as lenders may approve borrowers for personal loans with scores as low as 580. They will likely consider other factors, such as your income, payment history, and DTI. For instance, with a 612 credit score, your approval odds may increase if you have a high income or a low DTI.
You may also encounter subprime personal loan lenders who are more lenient with their credit score requirements, including those for income or DTI. However, these lenders are likely to charge higher interest rates and fees than others. Making on-time payments on any existing debts, lowering balances carried, minimizing hard credit inquiries, extending the length of your credit history, and other steps can help build your credit score and potentially qualify you for better rates and terms.
If you are carrying high credit card balances, you might see if you can obtain debt consolidation loans as you build your score into a higher range. This can roll multiple high-interest lines of credit into one installment loan, simplifying your financial life and likely assessing a lower interest rate.
As you consider your options, using a personal loan calculator can help you know how expensive your personal loan may ultimately be.
Recommended: What Is a Personal Loan?
The Takeaway
A 612 credit score falls into the fair range, meaning it’s lower than a good rating and below the U.S. average score of 717. However, you will likely still have opportunities to access credit, such as certain mortgages, probably at higher interest rates than those who have higher scores. You can also focus on building your score to qualify for more favorable rates and terms. As you do so, you might think about paying down some debts with a personal loan.
Think twice before turning to high-interest credit cards. Consider a SoFi personal loan instead. SoFi offers competitive fixed rates and same-day funding. See your rate in minutes.
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.
Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .
*Awards or rankings from NerdWallet are not indicative of future success or results. This award and its ratings are independently determined and awarded by their respective publications.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third Party Trademarks: Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
SOPL-Q424-041
Is 737 a Good Credit Score?
Is 737 a Good Credit Score?
A 737 credit score is near the top of what is considered the good range using both FICO® and VantageScore credit scoring models. That three-digit number could make it easier for you to qualify for a credit card or loan with a favorable interest rate.
If you’ve been working hard to build or maintain your credit and you’re curious about where you stand as a potential borrower, read on for a look at what you can expect with a 737 credit score.
Key Points
• A 737 credit score is classified as good, surpassing the average U.S. credit score of 717.
• Credit cards offering rewards and benefits are available with this score.
• Auto loans are typically available at prime APRs with a 737 score.
• Mortgages are accessible, though not necessarily at the lowest interest rates.
• Personal loans for various needs are likely to be approved with a 737 score.
What Does a 737 Credit Score Mean?
Using the popular FICO scoring model, a good score is anywhere from 670 to 739.
FICO scores are organized into the following tiers:
• Poor: 300-579
• Fair: 580-669
• Good: 670-739
• Very good: 740-799
• Excellent (or Exceptional): 800-850
The higher your score, the more likely you are to be offered the lowest-available interest rates and other perks — and that can save you money.
With a 737 FICO Score, you’re solidly in the good range and just a couple of points from the very good range, which is 740 to 799. (The excellent or exceptional range, which is 800-plus, may even be within reach.) As a point of comparison, the average credit score in the U.S. is currently 717, so you are ranking above that figure. Nice work!
What Else Can You Get With a 737 Credit Score?
When you’re trying to determine what a 737 score can get you as a borrower, it’s important to note that lenders have multiple scoring models to choose from, including some that are industry-specific (for auto loans, mortgages, etc.). And it’s up to each individual lender to decide how it will assess credit scores.
Lenders also generally look at other factors besides credit scores when assessing a borrower’s creditworthiness. If you have a low debt-to-income (DTI) ratio, solid employment, a good income, and cash in the bank or other assets, for example, a lender will typically take that into consideration when reviewing your loan or credit card application.
With that in mind, here’s what you may be able to expect with a 737 credit score.
Can I Get a Credit Card With a 737 Credit Score?
A 737 credit score should be high enough for you to be approved for an unsecured credit card with some rewards or other benefits. But you may not qualify for a luxury or premium card, the lowest annual percentage rate (APR) offered, the highest credit limit, or certain premium rewards or privileges. The closer your score is to 800 or higher, the more likely it is you’ll be eligible for the cards with the most valuable perks.
If you’re looking for a new credit card, it can be helpful to use a preapproval tool to compare various offers and find the best card for you. You also can get a good idea as to whether you’ll be approved for the card you want before you actually apply.
While you’re doing your research, you also may want to look for cards that come with free credit score monitoring and/or an app that makes it easy and convenient to track your spending and saving. These extras can be useful as you work to keep improving your credit.
One more note about credit cards: If you find your debt is higher than you’d like, you might consider a credit card consolidation loan, in which you replace high-interest credit card debts with a single installment loan, typically at a significantly lower interest rate.
Can I Get an Auto Loan With a 737 Credit Score?
The minimum credit score needed to get a car loan can vary from one lender to the next. And lenders may use an auto industry-specific scoring model that works a little differently than your basic credit score. But typically, if you have a credit score in the good range, you can qualify for an auto loan.
For car buyers, a 737 credit score falls into what’s called the prime loan range, which means they can expect to be offered an APR that’s at least one or two percentage points higher than what buyers with credit scores in the next highest range (super prime) are paying. This might motivate you to wait before financing a car so you can build your credit score into that range.
By the way, if you’re wondering if it makes more sense to buy a new or used car, there are pros and cons to each. It may seem counterintuitive, but it can be easier to get financing for a new car and a lower interest rate. (This is in part due to the predictable value of a new car vs. a used car presenting unknowns regarding how well it will run.) A used car is likely to have a lower price, though, and a shorter loan term. Which means you may pay less in interest over the life of the loan.
Can I Get a Mortgage With a 737 Credit Score?
Loan requirements, including minimum credit scores, can vary with different types of mortgages. And lenders may have their own credit score mortgage rate requirements as well. Here are some basics to consider:
• If you’re applying for a conventional mortgage loan, you typically will need a credit score of at least 620 to be approved. With a 737 credit score, lenders may not offer you the best interest rates available, but you may find you’re within a percentage point or less of better-qualified homebuyers.
• If you’re seeking a jumbo loan (with a principal of $806,500+ in most areas), you typically need at least a credit score of 700, so you are in good standing to seek approval.
• Although the Department of Veterans Affairs doesn’t set a minimum credit score requirement for VA loan borrowers, lenders typically like to see at least a 620. And you may qualify for a lower interest rate with your 737 credit score.
• Considering a government-insured FHA loan? Your 737 credit score can make you eligible for a lower down payment. Borrowers with a credit score as low as 500 can qualify, but with a credit score that’s 580 or higher, you can put down a minimum of 3.5%. If your credit score is between 500 and 579, your minimum down payment is 10%.
• A minimum score of 640 is recommended for most government-backed USDA loans, although borrowers without a credit history may be evaluated through other criteria.
Though a 737 credit score should be high enough to qualify for any of these loan types, you may want to talk to a mortgage professional about how various costs might affect your monthly payments and which option might be right for you.
Can I Get a Personal Loan With a 737 Credit Score?
Unless lenders see some potential red flags when reviewing your application — maybe you haven’t had your job for very long or you don’t have much money in the bank — you should be able to qualify for unsecured personal loans with a 737 credit score.
Personal loans can be used for almost any legal purpose you can think of. For instance, you might fund a vacation with the money, use it to finance a wedding, pay for home renovations, or take care of a major dental bill.
A personal loan calculator can help you determine how much your monthly payments might be if you choose a personal loan. You can also calculate how much you could save by using a personal loan to pay off any existing high-interest debt that’s getting in the way of your goals.
Recommended: How to Apply for a Personal Loan
The Takeaway
A 737 credit score is generally considered to be in the good range, and it’s higher than the current average credit score of 717 in America. If you’re looking to take out a loan or get a new credit card, most lenders are likely to treat you as a creditworthy candidate. While you may not qualify for the very best rates and terms, you should have options to consider when accessing credit.
Think twice before turning to high-interest credit cards. Consider a SoFi personal loan instead. SoFi offers competitive fixed rates and same-day funding. See your rate in minutes.
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.
Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .
*Awards or rankings from NerdWallet are not indicative of future success or results. This award and its ratings are independently determined and awarded by their respective publications.
SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
This content is provided for informational and educational purposes only and should not be construed as financial advice.
Third Party Trademarks: Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
SOPL-Q424-031
Emory University Tuition and Fees
Emory University Tuition and Fees
(Last Updated – 01/2025)
Emory University is a four-year private research university located in Atlanta, Georgia. Degrees offered at the university range from bachelor’s to doctorates. Here’s what you need to know about the admission requirements, Emory acceptance rate, popular majors, Emory tuition, and much more.
Total Cost of Attendance
Emory University is known for its excellent college of liberal arts, humanities, and social science. It also has a prominent health care system with a well-regarded medical school. The university attracts significant funding that it channels into developing medical breakthroughs, including drug therapies.
Emory University tuition and room and board for 2023-24 was:
• Emory tuition: $60,774, a 4.9% increase from the previous year
• Books and supplies: $1,250, same as the previous year
• On-campus/off-campus room and board: $18,972, an 11.5% increase from the previous year
• Other fees: $2,626, a 1% increase from the previous year
• Total: $83,622, a 6.1% increase from the previous year
Financial Aid
In 2022-23, 52% of first-time, full-time students received financial aid. More specifically:
• Grant or scholarship aid: 46% of students received them with an average award of $50,828
• Federal grants: 16% of students received them with an average award of $6,967
• Pell grants: 16% of students received them with an average award of $5,954
• Other federal grants: 8% of students received them with an average award of $2,000
• State/local: 11% of students received them with an average award of $6,646
• Institutional: 44% of students received them with an average award of $48,648
• Student loan aid: 12% of students received them with an average award of $10,420
• Federal student loans: 11% of students received them with an average award of $5,180
• Other: 2% of students received them with an average award of $28,084
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 living expenses.
Recommended: Scholarship Search – College Scholarships Finder Tool
The federal government is the largest provider of student financial aid. However, 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 stat, federal, and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
• US Department of Education – Search for grants 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
In 2022-23, 2% of first-time students at Emory used private student loans.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, 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
Based on 2023-24 numbers, four years at Emory University would cost $334,488, not accounting for price increases. The university did increase total expenses by 6.1% from the previous year.
Here’s some Georgia Student Loan & Scholarship Information for you.
Undergraduate Tuition and Fees
Emory University tuition and fees in 2023-24 was $60,774. The total cost of attendance was $83,622. In comparison, the average total cost of a four-year private university in 2023-24 was $60,420, making Emory 38% more costly.
Graduate Tuition and Fees
In 2023-24, Emory tuition for graduate students averaged $46,800, with $922 in fees, for a total of $47,722. In comparison, the average graduate student in the U.S. spends $21,730 each year on school.
Cost per Credit Hour
Part-time students can pay $2,642 per credit hour for the 2024-2025 term.
In summer school, for either online or on-campus courses, the cost is $1,981 per credit hour. Summer courses are either 3, 4, or 5 hours.
Campus Housing Expenses
On-campus room and board for 2023-24 cost $18,972, an 11.5% increase from the previous year. Additional fees come to $2,626, a 1% increase from the previous year. Incoming first-year housing applications for 2025-2026 open on April 1. Roommate matching and priority housing selections must be made by June 1. Housing assignments are released July 15.
In addition to a number of residence halls, additional on-campus housing options include sorority and fraternity houses, theme housing, and more.
The university offers resources for off-campus housing. These are are some sample rent starting costs:
• Studio: $1,500+/mo
• One-bedroom: $1,600+/mo
• Two-bedroom: $1,870+/bedroom
Note that apartments may require a year round lease, not just for the academic year.
Emory University Acceptance Rate
In fall 2023, 31,929 students applied to the university, and the Emory acceptance rate was 11%.
Admission Requirements
Emory University looks for students who took challenging courses in high school, noting that low test scores (if a student chooses to submit them) can be overcome with high grades. Applicants should submit personal statements and essays, and share how they will contribute to the university and community. They may also submit recommendation letters from teachers in courses where they excelled – as well as in those where they faced and overcame challenges. Extracurricular activities can also be listed.
SAT and ACT Scores
Emory University is test optional through fall 2025. If you’re curious about test scores previously submitted, know this: In fall 2023, 42% of applicants submitted SAT scores and 19% of them submitted ACT scores. Of those, here are the 25th and 75th percentiles:
|
Subject |
25th Percentile |
75th Percentile |
|
SAT Evidence-Based |
710 |
760 |
|
SAT Math |
750 |
790 |
|
ACT Composite |
32 |
34 |
Popular Majors at Emory University
In 2022-23, 1,937 undergraduates completed their degrees in two dozen areas of studies. Popular majors include the following:
1. Business Administration
Undergraduates learn how to problem solve, embrace challenges, and become strong leaders. In the class of 2021, 96% of business administration graduates accepted a job within three months.
Undergraduate degrees in 2022-23: 422
2. Biology
Students in this major learn problem-solving, critical thinking, and quantitative skills to address biological questions. Biology majors partake in supervised laboratory experiences, seminars, directed study, and research.
Undergraduate degrees in 2022-23: 199
3. Neuroscience
This program is meant for those who want to understand the cognitive and physiological science behind human and animal behavior. Graduates go on to study medical school, physical therapy, molecular or cognitive neuroscience, and behavioral biology.
Undergraduate degrees in 2022-23: 149
4. Registered Nursing
Students in Emory’s nursing program receive first-hand experience in the world of healthcare. They learn the leadership and health-related skills needed to provide outstanding patient care.
Undergraduate degrees in 2022-23: 140
5. Psychology
This major focuses on the scientific study of behavior, and the curriculum includes social, personality, clinical, neuroscience, animal behavior, cognitive, computational, and developmental psychology.
Undergraduate degrees in 2022-23: 120
6. Economics
Economics majors learn economic theory and gain valuable experience through practice. Emory has 8 different concentrations in economics, including Law and Economics, Financial Economics, and Quantitative Methods and Data Analysis.
Undergraduate degrees in 2022-23: 72
7. Chemistry
This undergraduate curriculum, Chemistry Unbound, provides training in the major chemical disciplines. Advanced coursework, research, and study abroad opportunities prepare students for in-demand careers.
Undergraduate degrees in 2022-23: 71
8. Computer Science
Students study computer concepts and programming principles, participating in innovative research and gaining experience by applying what they learn to real-life situations. Recent graduates have even gone on to work at Google and Facebook.
Undergraduate degrees in 2022-23: 68
9. Statistics
This is a technically rigorous program that provides students with the foundation for statistical analysis as well as the tools and conceptual foundations for quantitative research and empirical quantitative work.
Undergraduate degrees in 2022-23: 64
10. Political Science
This major focuses on the processes by which community values are translated into public choices. As the most flexible degree program that Emory offers, students can choose to study any of the fields of political science.
Undergraduate degrees in 2022-23: 56
Graduation Rate
For students beginning in fall 2017, the graduate rate is 92%.
Post-Graduation Median Earnings
Median earnings for Emory graduates is $80,000. This is 16.7% higher than the average for college graduates in the U.S. of $68,516.
Bottom Line
Emory University offers outstanding academic programs in a number of fields, including business and medicine. Tuition is higher than the national average, and Emory acceptance is competitive, but the university offers generous institutional grants and scholarships, and graduates receive higher salaries after graduation than average.
SoFi Private Student Loans
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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., Puerto Rico, U.S. Virgin Islands, or American Samoa, 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 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
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Men Dig the ‘No Buy’ Trend, Too
Avoiding alcohol or joining a gym are classic moves for January, but is 2025 the year more of us embrace a new approach to money?
One of the New Year’s trends reportedly gaining in popularity is being dubbed ‘No Buy’ or ‘Low Buy’ and celebrates eliminating — or at least significantly cutting back — unnecessary spending.
Scores of people have flocked to social media to share their No Buy rules, which often require using things up, preparing more meals at home, and avoiding online shopping triggers. Many have pledged to stop spending on what’s known as fast fashion (the latest celebrity styles and designer knockoffs,) new makeup, or Starbucks. Others are cutting impulse home decor shopping and trips to places like Target and T.J.Maxx.
While the trend has so far been dominated by female social media creators, anyone can participate. One no-buyer took to Reddit to ask why he couldn’t find a single man on YouTube talking about their no-buy/low-buy plans: “It made me feel quite alone so I thought I would ask here. Am I just a very odd guy with an online shopping problem?”
No, Reddit guy, you are not. Although plenty of the online posts focus on spending categories associated with the female wallet, the purpose of the trend is to promote more intentional spending — and that’s a goal that spans genders. TikTok user Jared pledged to avoid using buy-now-pay-later apps after he racked up too much debt. Stephen took to the platform vowing to use up the food in his deep freezer and curtail DoorDash orders.
(The movement has gained particular momentum on TikTok, but if TikTok is forced to go dark in the U.S., those hopeful no-buyers can always turn to Reddit or Instagram, or even pick up a good old-fashioned book for moral support.)
So what? Anybody can adopt a No Buy attitude, whether they feel like they have a spending “problem” or not. The goal isn’t just to stop shopping on the categories social media has determined aren’t worth your money. It’s to exercise self-restraint and take control of your finances in whatever way aligns with your values. You make the rules, so make it work for you.
Related Reading
• We Have Enough Stuff. No-Buy 2025 Offers Other Ways to Fill the Void. (Washington Post via Yahoo)
• The Ultimate Guide to a No-Buy Year (Becoming Minimalist)
• Needs vs Wants: Knowing the Difference for Budgeting (SoFi)
photo credit: iStock/anyaberkut
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The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
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