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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

AmountAt least $5,350 per year — for up to four years
Eligibility requirements

You must meet the following criteria to qualify for this scholarship:

  • Incoming first-year student
  • In top quarter of graduating high school class
  • Minimum SAT score of 1310 or ACT score of 28
  • Texas resident
  • Completed a balanced college prep program that includes history, science and a foreign language
  • Demonstrated leadership through community service

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

Amount$3,000 per year — for up to four years
Eligibility requirements

You must meet the following criteria to qualify for this scholarship:

  • Demonstrate financial need
  • Live in a Living-Learning Center or Residential College
  • Complete the CSS Profile and FAFSA on time

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

Amount$3,000 per year
Eligibility requirements

To qualify for this scholarship, you need to meet the following criteria:

  • Undergraduate student
  • Sibling currently enrolled at Baylor
  • Demonstrate financial need
  • Complete the CSS Profile and FASFA on time

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

AmountUp to $5,000 per year
Eligibility requirements

You must meet the following criteria to qualify:

  • Dependent of a Baptist pastor, full-time minister, retired minister or missionary –or- plan on joining the Baptist seminary
  • Full-time undergraduate student

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

Amount$11,000 to $21,000 per year — for up to four years
Eligibility requirementsYou must have strong test scores and a high GPA to qualify for these 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


Scholarship amounts vary depending on your GPA:

  • 2.75 to 2.99 GPA = $7,000 per year
  • 3.0 to 3.249 GPA = $9,000 per year
  • 3.25 to 3.49 GPA = $10,000 per year
  • 3.5 to 3.74 GPA = $12,000 per year
  • 3.75 to 4.00 GPA = $13,000 per year
Eligibility requirementsYou must be a transfer student with a 2.75 GPA or higher at your current school to be considered for this 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

AmountUp to $1,000 per year
Eligibility requirementsYou must be a member of Phi Theta Kappa in good standing and a transfer student to qualify for this 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

AmountUp to $1,000 per year
Eligibility requirements

You must meet the following criteria to qualify:

  • Unexpected or emergency expense that could prevent you from completing your semester
  • Enrolled at least half time
  • 2.0 GPA or higher
  • Complete at least 75% of all attempted credits
  • Not be a student athlete

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

AmountVaries depending on need and merit
Eligibility requirements

You must meet the following requirements at a minimum to qualify for an endowed scholarship:

  • Full-time undergraduate student
  • 2.5 GPA or higher
  • Complete the CSS Profile and FASFA on time

Some scholarships might come with additional requirements, depending on the donor.

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

Explore your options by APR, minimum credit score, loan amount and loan term. Select the Get started button to start an application with a specific lender.

Name Product APR Min. Credit Score Loan amount Loan Term
EDvestinU Private Student Loans
4.092% to 8.609% with autopay
$1,000 - $200,000
7 to 20 years
Straightforward student loans for undergraduate and graduate students.
CommonBond Private Student Loans
3.74% to 10.74%
$5,000 - $500,000
5 to 15 years
Finance your college education through this lender with a strong social mission and terms that fit your budget.
Edvisors Private Student Loan Marketplace
Varies by lender
Varies by lender
Varies by lender
Varies by lender
Quickly compare private lenders for your school and apply for the right student loan.
Credible Labs Inc. (Student Loan Platform)
Starting at 0.99% with autopay
Good to excellent credit
Starting at $1,000
5 to 20 years
Get prequalified rates from private lenders offering student loans with no origination or prepayment fees.

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.

Frequently asked questions

Can I cover study abroad with a scholarship?

Yes, you can use your Baylor and government financial aid to cover the cost of a study abroad program through Baylor. For more information about your options for studying in another country, visit the Baylor Bears Abroad website.

Do transfer students qualify for scholarships?

Yes, in fact Baylor has a few scholarships exclusively for transfer students. However, transfer students typically aren’t eligible for scholarships available to incoming first-year students.

Are international students eligible for any scholarships?

Yes, Baylor has scholarship programs for both undergraduate and graduate international students — though options are limited.

Undergraduates must have already completed at least 60 hours of coursework at Baylor and have a 3.5 GPA or higher to qualify. Graduate students can get funding from their department through Baylor’s graduate assistantship programs.

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