How Baylor's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Baylor University since 2013.

For that period, the average number of students who received grants aid/scholarships is 12,816, which is 90.33 % of all undergraduate students. 5,810 students which is 41.11% of undergraduate students received federal student loans and the average loan amount is $6,747.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	11,784 (89%)	$18,190	2,838 (21%)	$4,057	6,008 (45%)	$6,958
2014-15	12,474 (90%)	$18,954	2,748 (20%)	$4,232	6,599 (48%)	$6,856
2015-16	12,815 (90%)	$19,793	2,619 (18%)	$4,251	6,092 (43%)	$6,827
2016-17	13,025 (91%)	$20,525	2,618 (18%)	$4,220	6,311 (44%)	$6,796
2017-18	13,027 (91%)	$22,356	2,722 (19%)	$4,442	6,046 (42%)	$6,822
2018-19	12,856 (91%)	$23,384	2,653 (19%)	$4,588	5,950 (42%)	$6,669
2019-20	12,649 (90%)	$24,605	2,391 (17%)	$4,693	5,599 (40%)	$6,750
2020-21	13,041 (91%)	$25,693	2,371 (16%)	$4,797	4,982 (35%)	$6,610
2021-22	13,672 (90%)	$26,225	2,155 (14%)	$4,881	4,703 (31%)	$6,434
Average	12,816 (90.33%)	$22,192	2,568 (18.00%)	$4,462	5,810 (41.11%)	$6,747

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 3,362 (95.44 % of students) received grants or scholarships and its average amount is $22,148. It can cover 40.38% of tuition & fees ($54,844).

In addition, 1,593 (45.33 % of students) students get helped from the students loans (average amount : $12,487).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	3,030 (95%)	$18,917	1,536 (48%)	$11,753
2014-15	3,490 (96%)	$19,478	1,955 (54%)	$11,926
2015-16	3,295 (97%)	$20,428	1,508 (44%)	$12,264
2016-17	3,386 (97%)	$21,350	1,658 (47%)	$11,363
2017-18	3,177 (96%)	$25,467	1,563 (47%)	$11,254
2018-19	3,135 (93%)	$24,559	1,591 (47%)	$13,069
2019-20	3,080 (93%)	$25,122	1,463 (44%)	$13,166
2020-21	3,581 (96%)	$21,460	1,488 (40%)	$13,181
2021-22	4,081 (96%)	$22,553	1,572 (37%)	$14,404
Average	3,362 (95.44%)	$22,148	1,593 (45.33%)	$12,487

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 597 (17.11 % of students) received Pell (federal) grants and its average amount is $4,578.

In addition, 686 students received State/local government grants/scholarships (19.67 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	640 (20%)	$4,290	148 (5%)	$966	810 (25%)	$4,687	3,008 (94%)	$16,833
2014-15	723 (20%)	$4,294	181 (5%)	$984	897 (25%)	$3,669	3,468 (96%)	$17,706
2015-16	525 (15%)	$4,402	212 (6%)	$960	733 (22%)	$3,735	3,291 (97%)	$18,856
2016-17	607 (17%)	$4,345	186 (5%)	$963	677 (19%)	$3,710	3,380 (97%)	$19,812
2017-18	717 (22%)	$4,499	234 (7%)	$953	587 (18%)	$3,774	3,173 (96%)	$23,714
2018-19	602 (18%)	$4,747	297 (9%)	$952	526 (16%)	$3,722	3,122 (93%)	$23,028
2019-20	464 (14%)	$4,921	760 (23%)	$2,367	539 (16%)	$3,824	3,070 (93%)	$23,203
2020-21	577 (16%)	$4,762	796 (21%)	$2,413	737 (20%)	$3,741	3,481 (94%)	$19,944
2021-22	518 (12%)	$4,946	1,141 (27%)	$2,929	667 (16%)	$3,826	3,984 (94%)	$20,980
Average	597 (17.11%)	$4,578	439 (12.00%)	$1,499	686 (19.67%)	$3,854	3,331 (94.89%)	$20,453

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,593 (45.33 % of students) get any students loan help and its average loan amount is $1,593.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	1,536 (48%)	$11,753	1,497 (47%)	$5,836	514 (16%)	$18,124
2014-15	1,955 (54%)	$11,926	1,911 (53%)	$5,753	659 (18%)	$18,695
2015-16	1,508 (44%)	$12,264	1,446 (43%)	$5,526	471 (14%)	$22,301
2016-17	1,658 (47%)	$11,363	1,613 (46%)	$5,504	431 (12%)	$23,116
2017-18	1,563 (47%)	$11,254	1,514 (46%)	$5,479	434 (13%)	$21,414
2018-19	1,591 (47%)	$13,069	1,545 (46%)	$5,446	503 (15%)	$24,612
2019-20	1,463 (44%)	$13,166	1,404 (43%)	$5,591	446 (14%)	$25,588
2020-21	1,488 (40%)	$13,181	1,402 (38%)	$5,411	449 (12%)	$26,787
2021-22	1,572 (37%)	$14,404	1,446 (34%)	$5,257	525 (12%)	$28,649
Average	1,593 (45.33%)	$12,487	1,531 (44.00%)	$5,534	492 (14.00%)	$23,254

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Scholarships, Grants, and Loan Trends at Baylor

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time