Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $26,006 and the average loan amount is $6,500. The average financial aid amount is 47.42% of tuition & fees (tuition & fees: $54,844).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid13,651 90%$355,011,083$26,006
Pell Grants1,974 13%$10,078,473$5,106
Federal Students Loans5,138 34%$33,397,874$6,500

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 3,202 students have received one or more types of financial aid at Baylor University.
The average amount of federal, state, local or institutional grant aid is $20,409 and the average amount of student loans awarded to full-time first-time undergraduate students is $16,353.
The following table shows the financial data by type of aid at Baylor University.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid3,22398%--
Grant or scholarship aid3,202 97%$65,349,104$20,409
Federal Grants303 9%$2,070,704$6,834
Pell Grants303 9%$1,514,954$5,000
Other Federal Grants282 9%$555,750$1,971
State/Local Grants491 15%$1,801,920$3,670
Institutional Grants3,177 97%$61,476,480$19,350
Student Loans1,335 41%$21,831,074$16,353
Federal Student Loans1,275 39%$6,776,564$5,315
Other Student Loans527 16%$15,054,510$28,566