Baylor University (223232)

www.baylor.edu

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2023 Undergraduate Tuition

$54,844

6% growth from 2022

2023 Average Net Price

$49,727

After Financial Aid

2020 Default Rate

0.035%

on Student Loans

2023 Acceptance Rate

51%

39,735 Applicants

2023 Enrolled Students

20,824

90.9% Full-Time

2023 Graduation Rate

80.2%

2,658 Graduates

About

Baylor University (223232) is a higher education institution located in McLennan County, TX. In 2023, the most popular Bachelors Degree concentrations at Baylor University (223232) were Registered Nursing (362 degrees awarded), General Marketing & Marketing Management (253 degrees), and General Biological Sciences (236 degrees).

In 2023, 6,143 degrees were awarded across all undergraduate and graduate programs at Baylor University (223232). 61% of these degrees were awarded to women, and 39% awarded men. The most common race/ethnicity group of degree recipients was white (3,856 degrees), 4.22 times more than then the next closest race/ethnicity group, hispanic or latino (913 degrees).

The median undergraduate tuition at Baylor University (223232) is $54,844, which is $23,841 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Baylor University (223232) was 0.035%, corresponding to 1 out of the 2,857 total borrowers.

Photo by Daniel Huizinga

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Baylor University (223232) is $54,844, which is $23,841 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $49,727.

In 2023, 90% of undergraduate students attending Baylor University (223232) received financial aid through grants. Comparatively, 34% of undergraduate students received financial aid through loans.

Tuition Costs

$54,844

2023 Undergraduate Tuition

In 2023, the cost of tuition at Baylor University (223232) was $54,844. The cost of tuition at Baylor University (223232) is $23,841 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

This chart compares the tuition costs of Baylor University (223232) (in red) with those of other similar universities.

Average Net Price

$49,727

2023 Value

8.13%

1 Year Growth

In 2023 Baylor University (223232) had an average net price — the price paid after factoring in grants and loans — of $49,727. Between 2022 and 2023, the average net price of Baylor University (223232) grew by 8.13%.

This chart compares the average net price of Baylor University (223232) (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

$13,410

Room and Board

$1,390

Books and Supplies

The average yearly cost of room and board at Baylor University (223232) was of $13,410 in 2023. The cost of room and board increased by 1.59% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,390. The cost of books and supplies increased by 6.76% during the same period.

This chart compares the average student costs at Baylor University (223232) (in red) with that of similar universities.

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

34%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Baylor University (223232) received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Baylor University (223232) (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.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.035%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Baylor University (223232) was 0.035%, which represents 1 out of the 2857 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Baylor University (223232) received 39,735 undergraduate applications in 2023, which represents a 2.5% annual growth. Out of those 39,735 applicants, 20,262 students were accepted for enrollment, representing a 51% acceptance rate.

There were 20,824 students enrolled at Baylor University (223232) in 2023. 31% of first-time enrollees submitted SAT scores with their applications.

Baylor University (223232) has an overall enrollment yield of 16.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

51%

Acceptance Rate in 2023

20,262

Accepted Out of 39,735

In 2023, the undergraduate acceptance rate of Baylor University (223232) was 51% (20,262 admissions from 39,735 applications). This is higher than the acceptance rate of 2022, which was 45.9%. Between 2022 and 2023, the number of applicants declined by 2.5%, while admissions grew by 8.36%.

This chart compares the acceptance rate of Baylor University (223232) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

31%

Submission Percentage (2023)

1,042

Scores Submitted (2023)

31% of enrolled first-time students at Baylor University (223232) in 2023 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 (223232) had a total enrollment of 20,824 students in 2023. The full-time enrollment at Baylor University (223232) is 18,931 students and the part-time enrollment is 1,893. This means that 90.9% of students enrolled at Baylor University (223232) are enrolled full-time.

The enrolled student population at Baylor University (223232), both undergraduate and graduate, is 59.7% White, 15.8% Hispanic or Latino, 7.69% Asian, 6.47% Black or African American, 4.59% Two or More Races, 0.399% American Indian or Alaska Native, and 0.149% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Baylor University (223232) in full-time Undergraduate programs are most commonly White Female (36.5%), followed by White Male (24.5%) and Hispanic or Latino Female (9.98%). Students enrolled in full-time Graduate programs are most commonly White Female (36.5%), followed by White Male (21.7%) and Hispanic or Latino Female (9.31%).

Full-Time vs Part-Time Enrollment

90.9%

Full-Time Enrollment

The total enrollment at Baylor University (223232) in 2023, both undergraduate and graduate, is 20,824 students. The full-time enrollment at Baylor University (223232) is 18,931 and the part-time enrollment is 1,893. This means that 90.9% of students enrolled at Baylor University (223232) are enrolled full-time compared with 77.9% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Baylor University (223232) (in red) compares to similar universities.

Retention Rate over Time

91%

2023 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 (223232) was 91%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Baylor University (223232) had a retention rate higher than its peers.

This chart shows the retention rate over time at Baylor University (223232) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
12,439 enrolled students
Hispanic or Latino
3,292 enrolled students
Asian
1,602 enrolled students

The enrolled student population at Baylor University (223232) is 59.7% White, 15.8% Hispanic or Latino, 7.69% Asian, 6.47% Black or African American, 4.59% Two or More Races, 0.399% American Indian or Alaska Native, and 0.149% 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 46.5% White, 15.9% Hispanic or Latino, and 9.78% 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, 178 students (0.855%) did not report their race.

Graduates

In 2023, 1,351 more women than men received degrees from Baylor University (223232). The most common race/ethnicity group of degree recipients at Baylor University (223232) is white (3,856 degrees awarded). There were 4.22 times more white recipients than the next closest race/ethnicity group, hispanic or latino (913 degrees).

The most common Bachelor's Degree concentration at Baylor University (223232) is Registered Nursing (362 degrees awarded), followed by General Marketing & Marketing Management (253 degrees) and General Biological Sciences (236 degrees).

In 2023, the most specialized majors across all degree types at Baylor University (223232), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (77 degrees awarded), Theology (89 degrees), and Communications (265 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 (223232) are Other managers (171,010 people), Social workers, all other (163,224 people), Clergy (118,125 people), Elementary & middle school teachers (99,520 people), and Lawyers, & judges, magistrates, & other judicial workers (96,442 people).

The most specialized majors at Baylor University (223232) in 2023 are Philosophy and Religious Studies (77 degrees awarded), Theology (89 degrees), Communications (265 degrees), Public Administration and Social Service (225 degrees), and Legal (149 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Baylor University (223232) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Baylor University (223232) are Philosophy and Religious Studies (77 degrees awarded), Theology (89 degrees), Communications (265 degrees), Public Administration and Social Service (225 degrees), and Legal (149 degrees) (as of 2023).

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 (223232) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 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 (223232).

Most Common (2023)

Registered Nursing
362 degrees awarded
General Marketing & Marketing Management
253 degrees awarded
General Biological Sciences
236 degrees awarded

In 2023, the most common bachelors degree concentration at Baylor University (223232) was Registered Nursing with 362 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Baylor University (223232) according to their major.

Sex Breakdown for Common Majors

2,396

Degrees Awarded to Men

in 2023

3,747

Degrees Awarded to Women

in 2023

In 2023, 2,396 degrees were awarded to men at Baylor University (223232), which is 0.639 times less than the number of degrees awarded to females (3,747).

This chart displays the sex disparity between the top 5 majors at Baylor University (223232) by degrees awarded.

Most Common Male Majors

In 2023, 221 degrees were awarded to men at Baylor University (223232) in General Business Administration & Management, which is 1.32 times more than the 168 female recipients with that same degree.

Most Common Female Majors

In 2023, 322 degrees were awarded to men at Baylor University (223232) in General Communication Sciences & Disorders, which is 53.7 times more than the 6 male recipients with that same degree.

Time to Complete

68%

100% Completion Time

82%

150% Completion Time

In 2023, 68% of students graduating from Baylor University (223232) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% 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 (85.7%)

The student demographic with the highest graduation rate in 2023 at Baylor University (223232) is Female and White (85.7% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 0.188% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
3,856 degrees awarded
Hispanic or Latino
913 degrees awarded
Asian
415 degrees awarded

The most common race/ethnicity at Baylor University (223232) is white (3,856 degrees awarded). There were 4.22 times more white recipients than the next closest race/ethnicity group, hispanic or latino (913 degrees).

1.43% of degree recipients (88 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
2,330 degrees awarded
White Male
1,526 degrees awarded
Hispanic or Latino Female
567 degrees awarded

The most common race/ethnicity and sex grouping at Baylor University (223232) is white female (2,330 degrees awarded). There were 1.53 times more white female recipients than the next closest race/ethnicity group, white male (1,526 degrees).

Operations

Baylor University (223232) has an endowment valued at nearly $1.96B, as of the end of the 2023 fiscal year. The return on its endowment was of 23.4M (1.19%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Baylor University (223232) had a total salary expenditure of 886M. Baylor University (223232) employs 340 Associate professors, 305 Professors and 277 Assistant professors. Most academics at Baylor University (223232) are Male Professor (230), Male Associate professor (173), and Female Assistant professor (167).

The most common positions for non-instructional staff at Baylor University (223232) are: Management, with 826 employees, Business and Financial Operations, with 349 employees, and Computer, Engineering, and Science with 310 employees.

Endowment

$1.96B

2023 Endowment

1.6%

decline from 2022

Baylor University (223232) has an endowment valued at about $1.96B, as of the end of the 2023 fiscal year. The endowment of Baylor University (223232) declined 1.6% from the previous year. The value of their endowment was $1.53B 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 (223232) (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: Higher Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$22M - Federal
$12.6M - State
$130k - Local

As of 2023, Baylor University (223232) received $22M in grants and contracts from the federal government, $12.6M from state grants and contracts, and $130k from local grants and contracts.

Salary Expenditure

$356M

2023 Salaries

9.69%

growth from 2022

In 2023, Baylor University (223232) paid a median of $356M in salaries, which represents 40.2% of their overall expenditure ($886M) and a 9.69% growth from the previous year. This is compared to a 2.24% growth between 2021 and 2022, and a 3.06% growth between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$136M

Instructional Salaries

1,167

Number of Employees

In 2023, Baylor University (223232) paid a total of $136M to 1,167 employees working as instructors, which represents 38.1% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Associate professor

Most Common Instructor

340 Employees

Management

Most Common Non-Instructional Employee

826 Employees

In 2023, the most common positions for instructional staff at Baylor University (223232) were Associate professor with 340 employees, Professor with 305 employees, and Assistant professor with 277 employees.

In 2023, the most common positions for non-instructional staff at Baylor University (223232) were Management with 826 employees, Business and Financial Operations with 349 employees, and Computer, Engineering, and Science with 310 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Male Associate professor
Female Assistant professor

In 2023, the most common demographic for instructional staff at Baylor University (223232) was Male Professor with 230 employees, Male Associate professor with 173 employees, and Female Assistant professor with 167 employees.

This chart shows the sex split between each academic rank present at Baylor University (223232).

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