Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $26,225 and the average loan amount is $6,434. The average financial aid amount is 47.82% of tuition & fees (tuition & fees: $54,844).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid13,672 90%$358,546,061$26,225
Pell Grants2,155 14%$10,517,639$4,881
Federal Students Loans4,703 31%$30,259,952$6,434

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), 4,081 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 $22,553 and the average amount of student loans awarded to full-time first-time undergraduate students is $14,404.
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 Aid4,10796%--
Grant or scholarship aid4,081 96%$92,039,661$22,553
Federal Grants1,142 27%$5,904,395$5,170
Pell Grants518 12%$2,562,214$4,946
Other Federal Grants1,141 27%$3,342,181$2,929
State/Local Grants667 16%$2,551,793$3,826
Institutional Grants3,984 94%$83,583,473$20,980
Student Loans1,572 37%$22,642,714$14,404
Federal Student Loans1,446 34%$7,602,140$5,257
Other Student Loans525 12%$15,040,574$28,649