Graduate Student Financial Aid Timeline

Below is a checklist for graduate students to use as a guide through the financial aid process and to help determine financial aid eligibility.  To be eligible for federal loans and some alternative loans you must be enrolled at least half-time each term. You must also confirm your attendance in your BearWeb account no later than the established date determined each term by your program.  You must check your Baylor email regularly for important updates from Student Financial Services. 

1.)  Complete the FAFSA - starting October 1st 

The Free Application for Federal Student Aid, or FAFSA, opens annually on October 1.  The FAFSA application is needed for each academic year you enroll.  The academic year begins in the fall and goes through summer of the following year.  Depending upon your graduate program, you may need to complete the FAFSA for multiple years.  Learn more at Completing the FAFSA.  

2.)  Explore Alternate Funding - 3 months prior to financial settlement

Does your employer provide tuition reimbursements? If so, inquire as to the process. Are you eligible for VA benefits? Connect with our VA Benefits group at

3.)  Apply for Outside Scholarships - start early

This is an ongoing process.  Students should start early with their search and continue throughout their academic career for best potential matches and results.  Visit Baylor's Outside Scholarship webpage for tips on searching, winning, and reporting outside scholarships.  

4.)  Apply for Loans if Needed - 6 weeks prior to financial settlement

Visit our Alternative Loan page to access a preferred lender list to compare rates and terms if you plan to apply for alternative loans, or if applying for the Direct Grad PLUS Loan.

5.)  Review Financial Aid Package - prior to receiving bill  

Accept direct loan offers in BearWeb if needed. Complete Entrance Counseling and Master Promissory Note at

6.)  Financial Settlement for Term - on established date

Balance must be covered with financial aid, personal resources, or you must have established a payment plan. Learn more at


Important Resources: 

It is important to maintain ongoing communication with the Student Financial Aid Office as we are committed to providing innovative options to make a Baylor education possible. Contact Financial Aid at

Note:  Students can also check with the graduate program to determine if there are any specific department scholarships that may be available for students to apply for.

Limited Access to Clifton Robinson Tower
Financial Aid, Student Accounts and One Stop (first floor) are open to walk-in visitors, however we encourage students to reach us via phone, contact us form or virtual office visit while a construction project occurs at the Clifton Robinson Tower. Parking is very limited. More information about how to contact us can be found here.