Baylor University

www.baylor.edu

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2024 Undergraduate Tuition

$58,100

5.94% growth from 2023

2024 Average Net Price

$47,001

After Financial Aid

2024 Acceptance Rate

51.3%

46,946 Applicants

2024 Enrolled Students

20,626

91.2% Full-Time

2024 Graduation Rate

80%

2,690 Graduates

About

Baylor University is a higher education institution located in McLennan County, TX. In 2024, the most popular Bachelors Degree concentrations at Baylor University were Registered Nursing (330 degrees awarded), Accounting (239 degrees), and General Finance (238 degrees).

In 2024, 6,627 degrees were awarded across all undergraduate and graduate programs at Baylor University. 62.3% of these degrees were awarded to women, and 37.7% awarded men. The most common race/ethnicity group of degree recipients was white (4,077 degrees), 4.12 times more than then the next closest race/ethnicity group, hispanic or latino (990 degrees).

The median undergraduate tuition at Baylor University is $58,100, which is $26,180 more than the national average for Doctoral Universities ($31,920).

Photo by Daniel Huizinga

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2024, the median undergraduate tuition at Baylor University is $58,100, which is $26,180 more than the national average for Doctoral Universities ($31,920).

After taking grants and loans into account, the average net price for students is $47,001.

In 2024, 89% of undergraduate students attending Baylor University received financial aid through grants. Comparatively, 31% of undergraduate students received financial aid through loans.

Tuition Costs

$58,100

2024 Undergraduate Tuition

In 2024, the cost of tuition at Baylor University was $58,100. The cost of tuition at Baylor University is $26,180 more than than the overall (public and private) national average for Doctoral Universities ($31,920).

This chart compares the tuition costs of Baylor University (in red) with those of other similar universities.

Average Net Price

$47,001

2024 Value

5.48%

1 Year Growth

In 2024 Baylor University had an average net price — the price paid after factoring in grants and loans — of $47,001. Between 2023 and 2024, the average net price of Baylor University grew by 5.48%.

This chart compares the average net price of Baylor University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$14,415

Room and Board

$1,438

Books and Supplies

The average yearly cost of room and board at Baylor University was of $14,415 in 2024. The cost of room and board increased by 7.49% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,438. The cost of books and supplies increased by 3.45% during the same period.

This chart compares the average student costs at Baylor University (in red) with that of similar universities.

Financial Aid by Income Level

89%

Undergraduates Receiving Financial Aid through Grants

31%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Baylor University received financial aid through grants or loans in 2024. This represents a decline of 1.11% with respect to 2023, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Baylor University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Admissions

Baylor University received 46,946 undergraduate applications in 2024, which represents a 18.1% annual growth. Out of those 46,946 applicants, 24,075 students were accepted for enrollment, representing a 51.3% acceptance rate.

There were 20,626 students enrolled at Baylor University in 2024. 32% of first-time enrollees submitted SAT scores with their applications.

Baylor University has an overall enrollment yield of 14.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

51.3%

Acceptance Rate in 2024

24,075

Accepted Out of 46,946

In 2024, the undergraduate acceptance rate of Baylor University was 51.3% (24,075 admissions from 46,946 applications). This is higher than the acceptance rate of 2023, which was 51%. Between 2023 and 2024, the number of applicants grew by 18.1%, while admissions grew by 18.8%.

This chart compares the acceptance rate of Baylor University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

32%

Submission Percentage (2024)

1,080

Scores Submitted (2024)

32% of enrolled first-time students at Baylor University in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Baylor University had a total enrollment of 20,626 students in 2024. The full-time enrollment at Baylor University is 18,812 students and the part-time enrollment is 1,814. This means that 91.2% of students enrolled at Baylor University are enrolled full-time.

The enrolled student population at Baylor University, both undergraduate and graduate, is 58.5% White, 16.8% Hispanic or Latino, 7.51% Asian, 6.84% Black or African American, 4.6% Two or More Races, 0.339% American Indian or Alaska Native, and 0.16% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Baylor University in full-time Undergraduate programs are most commonly White Female (35.7%), followed by White Male (24.5%) and Hispanic or Latino Female (10.7%). Students enrolled in full-time Graduate programs are most commonly White Female (35.4%), followed by White Male (20.9%) and Hispanic or Latino Female (9.59%).

Full-Time vs Part-Time Enrollment

91.2%

Full-Time Enrollment

The total enrollment at Baylor University in 2024, both undergraduate and graduate, is 20,626 students. The full-time enrollment at Baylor University is 18,812 and the part-time enrollment is 1,814. This means that 91.2% of students enrolled at Baylor University are enrolled full-time compared with 77.3% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Baylor University (in red) compares to similar universities.

Retention Rate over Time

91%

2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Baylor University was 91%. Compared with the full-time retention rate at similar Doctoral Universities (82%), Baylor University had a retention rate higher than its peers.

This chart shows the retention rate over time at Baylor University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
12,067 enrolled students
Hispanic or Latino
3,468 enrolled students
Asian
1,548 enrolled students

The enrolled student population at Baylor University is 58.5% White, 16.8% Hispanic or Latino, 7.51% Asian, 6.84% Black or African American, 4.6% Two or More Races, 0.339% American Indian or Alaska Native, and 0.16% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 187 students (0.907%) did not report their race.

Graduates

In 2024, 1,625 more women than men received degrees from Baylor University. The most common race/ethnicity group of degree recipients at Baylor University is white (4,077 degrees awarded). There were 4.12 times more white recipients than the next closest race/ethnicity group, hispanic or latino (990 degrees).

The most common Bachelor's Degree concentration at Baylor University is Registered Nursing (330 degrees awarded), followed by Accounting (239 degrees) and General Finance (238 degrees).

In 2024, the most specialized majors across all degree types at Baylor University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (61 degrees awarded), Legal (205 degrees), and Communications (303 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Baylor University are Other managers (171,556 people), Clergy (117,986 people), Elementary & middle school teachers (113,198 people), Lawyers, & judges, magistrates, & other judicial workers (104,240 people), and Marketing managers (91,358 people).

The most specialized majors at Baylor University in 2024 are Philosophy and Religious Studies (61 degrees awarded), Legal (205 degrees), Communications (303 degrees), Theology (72 degrees), and Language & Linguistics (66 degrees) (as of 2024).

Highest Paying Jobs by Major

Magnetic resonance imaging technologists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Baylor University are Magnetic resonance imaging technologists, Surgeons, Cardiovascular technologists and technicians, Economists, and Securities, commodities, & financial services sales agents

The most specialized majors at Baylor University are Philosophy and Religious Studies (61 degrees awarded), Legal (205 degrees), Communications (303 degrees), Theology (72 degrees), and Language & Linguistics (66 degrees) (as of 2024).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Baylor University are Elementary & secondary schools (296,244 people), Colleges, universities & professional schools, including junior colleges (215,405 people), Computer Systems Design (148,587 people), Religious organizations (138,916 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (106,449 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Baylor University.

Most Common (2024)

Registered Nursing
330 degrees awarded
Accounting
239 degrees awarded
General Finance
238 degrees awarded

In 2024, the most common bachelors degree concentration at Baylor University was Registered Nursing with 330 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Baylor University according to their major.

Sex Breakdown for Common Majors

2,501

Degrees Awarded to Men

in 2024

4,126

Degrees Awarded to Women

in 2024

In 2024, 2,501 degrees were awarded to men at Baylor University, which is 0.606 times less than the number of degrees awarded to females (4,126).

This chart displays the sex disparity between the top 5 majors at Baylor University by degrees awarded.

Most Common Male Majors

In 2024, 192 degrees were awarded to men at Baylor University in Accounting, which is 1.25 times more than the 154 female recipients with that same degree.

Most Common Female Majors

In 2024, 299 degrees were awarded to men at Baylor University in General Communication Sciences & Disorders, which is 37.4 times more than the 8 male recipients with that same degree.

Time to Complete

68%

100% Completion Time

81%

150% Completion Time

In 2024, 68% of students graduating from Baylor University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 81% completed their degrees within 150% of the normal time, and 82% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (86%)

The student demographic with the highest graduation rate in 2024 at Baylor University is Female and White (86% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.12% of graduates (30 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
4,077 degrees awarded
Hispanic or Latino
990 degrees awarded
Asian
498 degrees awarded

The most common race/ethnicity at Baylor University is white (4,077 degrees awarded). There were 4.12 times more white recipients than the next closest race/ethnicity group, hispanic or latino (990 degrees).

1.1% of degree recipients (73 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
2,517 degrees awarded
White Female
2,330 degrees awarded
White Female
2,253 degrees awarded

The most common race/ethnicity and sex grouping at Baylor University is white female (2,517 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white female (2,330 degrees).

Operations

Baylor University has an endowment valued at nearly $2.1B, as of the end of the 2024 fiscal year. The return on its endowment was of 237M (11.3%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

In 2024, Baylor University had a total salary expenditure of 990M. Baylor University employs 359 Associate professors, 319 Professors and 287 Assistant professors. Most academics at Baylor University are Male Professor (227), Male Associate professor (180), and Female Associate professor (179).

The most common positions for non-instructional staff at Baylor University are: Management, with 904 employees, Business and Financial Operations, with 373 employees, and Computer, Engineering, and Science with 341 employees.

Endowment

$2.1B

2024 Endowment

7.2%

growth from 2023

Baylor University has an endowment valued at about $2.1B, as of the end of the 2024 fiscal year. The endowment of Baylor University grew 7.2% from the previous year. The value of their endowment was $1.85B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Baylor University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$32.8M - Federal
$18.4M - State
$71k - Local

As of 2024, Baylor University received $32.8M in grants and contracts from the federal government, $18.4M from state grants and contracts, and $71k from local grants and contracts.

Salary Expenditure

$420M

2024 Salaries

18.1%

growth from 2023

In 2024, Baylor University paid a median of $420M in salaries, which represents 42.4% of their overall expenditure ($990M) and a 18.1% growth from the previous year. This is compared to a 9.69% growth between 2022 and 2023, and a 2.24% growth between 2021 and 2022.

Instructional Salaries

$146M

Instructional Salaries

1,213

Number of Employees

In 2024, Baylor University paid a total of $146M to 1,213 employees working as instructors, which represents 34.6% of all salaries paid.

This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Baylor University were Management with 904 employees, Business and Financial Operations with 373 employees, and Computer, Engineering, and Science with 341 employees.

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