Bear Basics of Baylor Planning

A Plan for Your Future

Before coming to Baylor--The Key Word is EARLY!

  1. Complete the 17-18 FAFSA as soon after October 1 as possible and before February 1
  2. Use the Baylor Financial Estimator to determine your financial aid possibilities and estimated costs
  3. Increase your merit award possibilities by retaking the SAT or ACT to increase your score
  4. Early in your Senior year, apply for as many local outside scholarships as possible
  5. Check on and .  Choose scholarship possibilities that distinctly match your criteria.  Make sure any of your submissions are as near perfect as possible—applications have all the right answers with no misspelled words, essays are very well written with no typos, transcripts are easy to read, your contact information on everything.  Submit early and keep a copy of everything you submit. 
  6. There are very few additional Baylor scholarships available to Freshmen as most departmental scholarships are based on GPA after your first completed year.
  7. One scholarship that Freshmen can apply for is the Living & Learning Center program. Check it out!
  8. Work for a salary the summer before attending full-time at Baylor and save, save, save!
  9. Take as many courses as possible that will transfer before attending full-time at Baylor

Once you are a full-time student--

  1. Plan to graduate in four years if at all possible—Finish N 4
  2. Apply for work study positions at the beginning of the semester
  3. Keep your GPA as high as possible—a 3.0 means keeping your awards and it is much easier to maintain a GPA than to increase one
  4. Contact the Student Financial Aid office online if you have questions about your aid, or would like to discuss other financial aid possibilities. 
  5. Keep in mind these helpful tips about loans--
    • The subsidized loan generally offers the best interest rate and repayment schedule
    • The unsubsidized loan has a good interest rate but accumulates interest while in school—it is best to pay the interest while in school if possible
    • Alternative loans—The College Access Loan is for Texas residents, The Parent PLUS loan is in the parents’ name instead of the student’s (your unsubsidized loan can be increased if denied on the PLUS) and many other banks and financial institutions offer alternative loans but generally at a higher interest rate
    • Remember—you can choose how much to borrow as long as it is not above the cost of attendance.  The less you borrow, the less interest you have to pay and the less you have to pay back.  Live frugally!