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Baylor scholarships, student loans and grants

Explore 10+ financial aid options to cover that $65K price tag.


This Christian university might look cheaper than other private colleges at first glance. But its students graduate with above-average student debt. Before you take out that student loan, make sure you’ve considered all of your scholarship and grant options — both inside and outside of the school.

How much does it cost to go to Baylor?

Costs of attending BaylorAnnual cost
Meal plan$5,832
Books and supplies$1,264
Other expenses$1,930
Total cost for the 2019–2020 academic year$65,503

Going to Baylor won’t just set you back tuition. Like other colleges, the school also factors in costs like fees, textbooks and personal expenses when calculating your cost of attendance.

What’s the average student debt load for Baylor students?

Baylor students graduated with an average debt load of $44,859 in 2016, according to the Department of Education. That’s nearly $8,000 higher than the national average for that year.

One way to lessen your debt load is to apply for scholarships and grants from Baylor, the government and private institutions.

Does Baylor offer a tuition payment plan?

Yes, Baylor has a tuition payment plan available to all students except for those in the MBA program. You have the option to pay by semester or trimester, though law students can also pay by quarter. How much it costs and how much you have to pay up front depends on the term you’re covering.

TermDown paymentFeeNumber of installments
Fall or spring semester20%$605
Summer semester50%$242

You can enroll in the payment plan online by logging in to the Baylor E-Bill System.

Baylor scholarships

Baylor offers a handful of need- and merit-based scholarships to undergraduate students. You’re automatically considered for most as long as you complete the College Scholarship Service (CSS) Profile and Free Application For Federal Aid (FAFSA) on time, though some may require you to submit documents or an additional application.

Carr P. Collins Scholarship

High-achieving Texas residents can qualify for this scholarship that’s renewable for up to four years of education. You can apply online by submitting a resume of your high school awards and achievements, a 500-word essay on community service and leadership, and a teacher recommendation.

To remain eligible, you must maintain a 3.0 GPA, participate in community service and mentor future scholars.

Living-Learning Center (LLC) Scholarship

This need-based scholarship is available to students who agree to live in one of Baylor’s Living-Learning Centers or Residential Colleges, where students reside with other students that have similar academic interests. You’re automatically considered as long as you complete the CSS Profile and FAFSA on time.

After the first year, you can maintain this scholarship by applying to the Student Engagement Scholarship. This is considered the second phase of the LLC Scholarship and requires you to participate in activities such as studying abroad or volunteering in the local community.

Baylor Sibling Scholarship

Baylor gives out this need-based scholarship on a first-come, first-served basis to students who have a sibling attending the school at the same time. The application involves the following steps:

  • Complete the CSS and FAFSA by February 1st.
  • Send an email to with the subject line “Sibling Scholarship,” including your names and Baylor student ID numbers.

Both students must remain enrolled full time and have a 2.5 GPA or higher to remain eligible. You can renew the scholarship as long as both siblings are enrolled at Baylor.

Baptist Scholarships

Children of Baptist pastors, ministers and missionaries, as well as students who plan on joining the seminary can qualify for this small annual scholarship. It’s renewable as long as you stay enrolled full time and maintain at least a 2.5 GPA. If you’re a dependent, you must submit proof of your parent’s employment to qualify.

Freshman academic scholarships

All freshmen are automatically considered for one of these four merit-based scholarships:

  • President’s Gold Scholarship
  • Provost’s Gold Scholarship
  • Deans’ Gold Scholarship
  • Founder’s Gold Scholarship

Get your application in as soon as possible to up your chances of approval — students who submit after February 1st only receive funding based on availability.

You must maintain at least a 3.0 GPA during your time at Baylor to remain eligible.

Transfer Academic Scholarship

All transfer students are automatically considered for this academic-based scholarship when they apply to Baylor. How much funding you receive depends on your grades.

If you receive a scholarship based on a 3.0 GPA or higher, you must maintain a 3.0 GPA to remain eligible for funding during the following years. Students receiving funds based on a 2.75 to 2.99 GPA must maintain a 2.75 GPA or higher to remain eligible.

Phi Theta Kappa Scholarship

Transfer students who are members of this honor society for two-year college students are automatically considered for this small merit-based scholarship. There are no minimum GPA requirements, though you must be in good standing with Phi Theta Kappa to be eligible.

Baylor Parents Network Student Emergency Fund Scholarship

This need-based scholarship is designed to help students cope with unexpected expenses that could affect their ability to continue their studies. It’s meant to cover that extra cost, not the cost of attendance — so tuition, fees and other school expenses aren’t eligible.

You can apply by completing an application online through the Baylor Student Financial Services website. Students are required to submit receipts to verify how they spent the funds.

Endowed scholarships

Baylor automatically considers students who complete the CSS and FAFSA on time for need-based scholarships funded by donors. Awards vary depending on the donor, your financial need and your grades. You can typically renew these scholarships as long as you maintain a 2.5 GPA or higher.

Departmental and athletic scholarships

Baylor’s academic and athletic departments offer merit- and talent-based scholarships to high-performing students. Students who are already enrolled might have an easier time qualifying for a departmental scholarship — you can find one using Baylor’s scholarship search tool on its Student Financial Services website.

Students interested in an athletic scholarship should contact Baylor Athletics at 254-710-1234 for details on how the application process works.

Committee Scholarships

Students currently enrolled at Baylor can apply for one of the following scholarships:

  • Academic Scholarship
  • Bobo Scholarships
  • Opal G. Cox Scholarship
  • Dr. and Mrs. Ralph Lynn — Alpha Tau Omega Scholarship
  • Ruth Lawrence McMillan Award
  • Ruth and Lawrence McMillan Memorial Scholarship
  • Ronald H. Morris, Jr. — Alpha Tau Omega Scholarship
  • Stacy Elise Wedemeyer Scholarship

Typically, these require a separate application from the FAFSA and CSS Profile. You can find it online through the Baylor Student Financial Services website.

Are other scholarships and grants available?

Yes. In addition to school-funded scholarships, Baylor helps students get funding from other sources. The university recommends students apply for government funding — you’re required to fill out the CSS Profile and FASFA to qualify for most Baylor scholarships.

Texas residents might also have the best luck qualifying for state financial aid, since it’s often only available to students who lived in or went to high school in the state — students from elsewhere should look to their home state to learn what options are available.

On top of this, Baylor can match students with outside funding from sources like their state’s Baptist church. Or you can search for private scholarships yourself.

Texas scholarships, student loans and grants

Student loans to pay for Baylor

When scholarships and grants still leave you with a bill, you might want to consider student loans. Baylor recommends that you look into federal loans first, since they’re typically less expensive, easier to qualify for and have more flexible repayment options than other types of student loans.

If you’ve maxed out your federal funding or can’t qualify, then you might want to consider private student loans.

Compare private student loan providers

Data indicated here is updated regularly
Name Product Min. Credit Score Max. Loan Amount APR
Ascent private student loans
2.71% to 12.99%
EDvestinU Private Student Loans
4.07% to 9%
Straightforward student loans for undergraduate and graduate students.
LendKey Private Student Loans
Varies by lender
4.99% to 11.06%
This connection service partners with Sallie Mae and WSFS Bank to offer competitive rates.
 Advantage Education Loan Refinance Loan
Starting at 3.74%
Refinance to a more flexible repayment plan with this nonprofit lender.
Alliant Credit Union Traditional Student Loan
Starting at 4.56%
All-purpose personal loans from @pl_product_min_loan_amount@ to @pl_product_max_loan_amount@ with rates that stop at @pl_product_var_rate@.
ChangEd student loan payment app
Securely connect all of your student loans and bank accounts to one place for a painless repayment experience.
Chicago student loans
Cost of attendance, up to $50,000
7.53% to 8.85%
No cosigner needed for this fixed-rate financing option.
Citizens Bank Private Student Loans
1.25% to 10.57%

Compare up to 4 providers

Bottom line

Baylor might not seem as expensive as other private schools, but its students leave with a larger-than-average debt load. To avoid a $40,000 loan for your undergraduate degree, you might want to look into more than just the scholarships Baylor offers.

You can learn more about how to pay for school by reading our guide to student loans.

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