FourYearCost

Baylor University

Waco, TXPrivate nonprofitRank 1718 of 1,732Traditional rank 1145 of 1,156

Avg freshman grant · 2022-23
$20,409
3,202 recipients
Avg grant, later years · 2022-23
$27,722
10,449 recipients
The drop
−$7,313
-35.8% of the freshman average

Freshman grant vs later years

Freshman year$20,409Later years$27,722

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$30,674
$30–48k$30,348
$48–75k$32,236
$75–110k$37,708
$110k+$47,442

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$51,738
Tuition and fees (in-state), 2023-24$54,844
Change$3,106 (+6.0%)
On-campus room and board, 2023-24$14,235

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$45,5422018-19$47,3642019-20$49,2462020-21$50,2322021-22$51,7382022-23$54,8442023-24

Published tuition and required fees, +20.4% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$46,0392020-21$45,9882021-22$49,7272022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years80%
Full-time freshman retention (return for year 2)91%
Freshmen receiving Pell Grants9%
Freshmen taking federal loans39%
Average federal loan (freshmen who borrow)$5,315
Aid drop one year earlier (2021-22)−$5,234

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all TX colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
LeTourneau University$21,375$2,992
Dallas Baptist University$19,054−$385
Howard Payne University$18,957$483
McMurry University$22,204$2,895
East Texas Baptist University$17,528$972

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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