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Financial Aid FAQs

Financial Aid

1. What is the contact information for the Student Financial Aid Office?
2. What type of financial aid does Baylor offer?
3. Is your admissions policy need-blind?
4. Does Baylor offer scholarships to transfer students?
5. I'm not sure whether I will qualify for need-based aid. Is it worth my time to fill out the Free Application for Federal Student Aid (FAFSA)?
6. When should I apply for need-based aid, and where do I get the forms I need?
7. If I receive a scholarship or grant, will my need-based aid be affected?
8. Are scholarships awarded for one year or are there scholarships that are guaranteed for all four years?
9. How much are students paid under the work-study program? Are they paid with a check or are their earnings subtracted from their college bill?
10. How many students at Baylor receive financial assistance?
11. What is considered in calculating how much my family can afford to contribute to my education?
12. Is there any consideration for sending two or more students to college at the same time (e.g. group rate)? How is that factored in?
13. What is the maximum family income allowed in order for a student to be eligible for some need-based scholarships or support? Is that level the same for all universities?
14. Can you get a tuition discount if you have more than one child attending Baylor?
15. Are loans available that can be repaid after graduation?
16. In addition to the Federal Direct Loan, are there alternative loans that can be pursued?
17. How do I apply for a Baylor academic scholarships?
18. Does Baylor offer scholarships to students who are National Merit Finalists?
19. Can I get more than one of the academic scholarships offered?
20. Are there any scholarships awarded based on talent or a student's academic department or discipline?
21. What is the meaning of a full-tuition scholarship, and how does that differ from a full scholarship?
22. Are there scholarships for Baptist students at Baylor?
23. Whom do we contact for information on athletic scholarships?
24. Where do I apply for outside scholarships?
25. What should I watch out for with regards to financial aid scams?




Financial Aid

1. What is the contact information for the Student Financial Aid Office?
Please visit our Contact Information page.

2. What type of financial aid does Baylor offer?
Baylor offers academic scholarships based on a combination of test scores or grade point average and class rank. In addition, students may apply for need-based aid, such as grants, institutional awards, loans and work-study eligibility, by submitting the FAFSA. Baylor offers a select number of denominational scholarships, departmental scholarships and talent-based scholarships. For a complete listing of all available types of aid, visit the Types of Aid page.

3. Is your admissions policy need-blind?
An applicant's financial status does not affect his or her application. Baylor's admissions process examines an applicant's academic history and college entrance exams and determines that to be a large indicator of success in this competitive learning and research environment. However, we do balance that with recommended optional application items including a resume of awards and activities, letters of recommendation and short answer questions.

4. Does Baylor offer scholarships to transfer students?
Baylor University offers scholarships to transfer students based on their college grade point average. Also, members of Phi Theta Kappa are eligible for a scholarship. Visit the Transfer Academic Scholarships page for more information.

5. I'm not sure whether I will qualify for need-based aid. Is it worth my time to fill out the Free Application for Federal Student Aid (FAFSA)?
Yes. We recommend that all prospective students file this form. You can't assume that you will or will not qualify for need-based aid based on your family income alone. Many factors are involved in calculating need. You will need to complete the FAFSA after January 1 - we recommend prior to March 1 - to receive a final award.

6. When should I apply for need-based aid, and where do I get the forms I need?
If you wish to be considered for need-based financial aid, you should complete the Free Application for Federal Student Aid (FAFSA). You must submit the FAFSA after January 1 in order for you to be evaluated for federal and state need-based aid. Submit the form online at fafsa.ed.gov. Baylor's school code is 003545. Baylor normally receives results of the FAFSA from the federal processor within two or three weeks.

7. If I receive a scholarship or grant, will my need-based aid be affected?
The federal government requires that scholarships and grants be applied to your eligiblity as calculated by the FAFSA. Any additional funding you receive from any source may require an adjustment to your eligibility for need-based university, federal or state aid.

8. Are scholarships awarded for one year or are there scholarships that are guaranteed for all four years?
A number of scholarships, particularly those awarded on a merit and need basis, are awarded annually. Academic scholarships are generally renewable for subsequent undergraduate years provided you maintain the required Baylor grade point average.

9. How much are students paid under the work-study program? Are they paid with a check or are their earnings subtracted from their college bill?
Students participating in the work-study program are paid minimum wage. Students receive a paycheck (or alternately a direct deposit to their bank account) every two weeks for the hours actually worked during the pay period, up to a maximum of 20 hours per week.

10. How many students at Baylor receive financial assistance?
Approximately 92 percent of the students at Baylor attend school with the assistance of scholarships, grants, loans and/or on-campus employment.

11. What is considered in calculating how much my family can afford to contribute to my education?
Congress has created a formula that takes a number of factors into consideration. Among them are total taxable and nontaxable income, assets, the number of persons supported by the family income and the number of dependents in college.

12. Is there any consideration for sending two or more students to college at the same time (e.g. group rate)? How is that factored in?
The federal need-based formula takes into consideration the household size and number in college (excluding parents in college). These factors are reflected in each student's calculated family contribution. If your parent is attending college half-time or more and working toward a degree or certificate, contact the Student Financial Aid Office. An additional form is required to consider a parent in the number of family members in college.

13. What is the maximum family income allowed in order for a student to be eligible for some need-based scholarships or support? Is that level the same for all universities?
Since many factors are taken into consideration when determining a student's eligibility for assistance, there is not a maximum income threshold for need-based aid. The federal formula determines the family contribution, which remains the same from school to school. Need-based eligibility is determined by subtracting the family contribution from the cost of attendance at each institution. At Baylor, we will consider you for all types of assistance, including need-based scholarships. Based on your financial need at Baylor and the availability of funds through our need-based scholarship endowments and our federal and state grant allocations, the Student Financial Aid Office will determine your full eligibility for these funds at Baylor.

14. Can you get a tuition discount if you have more than one child attending Baylor?
When determining financial aid eligibility, the federal formula does take the number in college into consideration in calculating the amount a family is expected to contribute toward educational costs. In addition, your students may qualify for a Baylor Sibling Scholarship; go to to Need-Based Scholarships for more information on this scholarship.

15. Are loans available that can be repaid after graduation?
Yes, there are several deferred loan options. For Direct Loans and College Access Loans (CAL), repayment begins six months after the student ceases to be enrolled at least half time. Many alternative loans have deferred repayments as well. However, repayment of Federal PLUS Loans, which are loans for parents of dependent undergraduate students, is usually not deferred and repayment begins 30 to 60 days after the final disbursement of the loan.

16. In addition to the Federal Direct Loan, are there alternative loans that can be pursued?
Yes. If you need additional financial assistance, there are alternative loans you can pursue. For alternative loans that are certified by our office, you may apply to borrow up to the cost of attendance less any other financial aid you have received. You can find a list of Alternative Loan Lenders here. You are not restricted to the lenders on this list, and you can choose any lender you prefer.

17. How do I apply for a Baylor academic scholarships?
Once you are admitted to the university, your admission application will be evaluated for academic scholarship eligibility. Academic scholarships are offered to incoming students based on ACT/SAT score and class rank. Calculate your academic scholarship eligibility using our Scholarship and Cost Estimator.

18. Does Baylor offer scholarships to students who are National Merit Finalists?
Yes, students who are National Merit Finalists and have selected Baylor as their first choice college with the National Merit Scholarship Corporation will receive the full tuition Regents' Gold Scholarship. This scholarship is available for a total of eight semesters of undergraduate study. Recipients of the Regents' Baylor Scholarship are required to maintain a 3.5 cumulative Baylor grade point average. Regents' Gold Scholarship recipients are not eligible for President's, Provost's and Deans' Gold Scholarships.

19. Can I get more than one of the academic scholarships offered?
We do not "stack" academic awards. However, undergraduate students who complete the Free Application for Federal Student Aid (FAFSA) will be considered for need-based Baylor scholarship(s) on an academic and need basis.

20. Are there any scholarships awarded based on talent or a student's academic department or discipline?
Some endowed scholarships are awarded by academic departments rather than by the Student Financial Aid Office. Departmental scholarships are generally awarded to students in their junior or senior year who have declared a qualified major and who have proven their commitment to the major (by posting good grades and having taken an appropriate number of hours in the major in question).

Generally, incoming freshmen are not eligible for departmental scholarships except in the following departments:

  • Journalism
  • Visual Arts
  • Debate
  • Music
You can search Baylor's departmental scholarships online at baylor.edu/finaid/search.

21. What is the meaning of a full-tuition scholarship, and how does that differ from a full scholarship?
A full-tuition scholarship is an award that covers a recipient's tuition obligation. A full scholarship is an award that covers a recipient's tuition, fees, room, board and (sometimes) book obligations. On a strictly academic basis, the largest Baylor scholarship (Regents' Gold Scholarship) is full tuition.

22. Are there scholarships for Baptist students at Baylor?
Yes. You can find a list of all of Baylor's denominational scholarships here.

23. Whom do we contact for information on athletic scholarships?
The various coaches in the Athletic Department award athletic scholarships. Such awards are subject to NCAA guidelines. Students interested in seeking athletic assistance should contact the Athletic Department directly at (254) 710-1234 for the name of the contact person who handles scholarship information for each sport.

24. Where do I apply for outside scholarships?
Several free scholarship searches are available on the Internet. One of the most comprehensive is fastweb.monster.com. You may also check with local businesses and organizations in your area regarding scholarship opportunities. Your high school counselor should be able to assist you in determining what is available in your community.

Please complete an Outside Scholarship Report Form for each outside scholarship you are awarded. Visit the Outside Scholarship page for more information.

25. What should I watch out for with regards to financial aid scams?
Remember that the financial aid application process is free. You should not pay to find scholarships or submit the Free Application for Federal Student Aid. Learn more about avoiding scholarship scams.

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