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Waco Reporter

Saturday, November 16, 2024

Cost of college went up for all students at Baylor University

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Tuition and fees rose 4 percent for 2018-19 at Baylor University, according to recent data from the U.S. Department of Education.

Texas students paid $45,542 to attend the four-year private not-for-profit institution this year – $1,752 more than the $43,790 charged for 2017-18.

Data shows 97 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 3,177 students received grants or scholarships totaling $80.9 million and 1,563 students took out student loans totaling more than $17.6 million.

Including all undergraduates (17,217), 13,027 students used grants or scholarships totaling $291.2 million, and 6,046 students took out $41.2 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~10,502$40,198$42,006$43,790$45,54213.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Baylor University in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants71722%$3,448,811$4,810
State / local grant or scholarship58718%$2,215,142$3,774
Institutional grants or scholarships3,17396%$75,243,501$23,714
Grant or scholarship aid total3,17796%$80,907,454$25,467
Federal student loans1,51446%$8,295,545$5,479
Other student loans43413%$9,293,812$21,414
Student loan aid1,56347%$17,589,357$11,254
Total student aid3,22097%--

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