Student Loans for Baylor Financial Students

About Baylor University

student loansBaylor University is a Christian (Baptist, to be specific) university located in Waco, Texas. Home to 15,000 undergraduate students, Baylor is a member of the Big 12 Conference and is a research oriented university with ‘High Research Activity,’ as deemed by the Carnegie Institute (which is kind of a big deal). Sporting the lowest acceptance rate of any Big 12 school, Baylor still routinely amasses impressive records across many of its athletic programs, men’s basketball and football not least of all.

It doesn’t make sense to spend money for unnecessary reasons when you’re borrowing money to pay for school. Does it? Not really, Easy, right? Good. So why spend tons of money when you’re off at school and are receiving Baylor financial aid? There’s no good reason. Now, a trip every now and then to somewhere like Vitek’s Barbeque or Whataburger is okay, as long as you don’t make a habit of it, but we’re really just trying to encourage you to be financially responsible. It’s not that hard!

Financial Aid Packages

financial aidFinancial aid packages are all pretty standard, when you look at what goes into them: student loans, grants, work-study programs, and scholarships make up most financial aid offers, and Baylor financial aid packages are no different. Of course, exactly what you receive and how much of each piece varies depending on your financial need (and whether or not you live in Texas and thus qualify for some form of financial aid from the state), but that’s about what it boils down to. For many students, their aid package from Baylor will satisfy their financial need without any external support, but for some, it just won’t quite cut it.

These students often find themselves with a gap between their financial aid award and the total cost of attendance at Baylor, which takes into account costs and expenses beyond just tuition and room and board. That gap can be a tough one to fill, and if your financial aid award from Baylor doesn’t do the job, and all other options have been exhausted, then consider taking out a private student loan. Private student loans can provide a valuable source of funding for students when no other options remain; if you think a private student loan is for you, then check out our student loan comparison tool to search, compare, and apply for private student loans for Baylor.

Pay for Baylor University*

Total Avg. Cost $41,321
Tuition $25,320
Room & Board Not Avail.
Financial Aid Information
Students Receiving Fin Aid 95%
Typical Grant Amounts
State/Local $3,628
Federal $4,338
%Receiving Loans 51%
Avg. Other Stud. Loans $14,428
%Receiving Other Loans 10%

Get into Baylor University

Admission Rate 50%
Total Enrollment 14,614
Men 43%
Women 57%
Graduation Rate 70%
Application Fee $50

Contact Baylor University

Address
500 Speight Ave.
Waco, TX 76798(254) 710-1011
Financial Aid Office URL
http://http://www.baylor.edu/admissions/index.php?id=82201
Admissions Office URL
http://www.baylor.edu/adm

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

 

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