The Baylor Board of Regents during its regular fall meeting, received a progress report on the university’s Baylor in Deeds strategic plan with particular emphasis on the plan’s high impact Bold Pursuits and Extend the Line initiatives, an approved new master’s program and gave remarks on the Memorial of Enslaved Persons dedication ceremony Friday.

“In keeping with our Christian mission, this operating budget positions us well to meet the growing needs of Baylor students, faculty and staff — in the face of mounting national and global financial pressures,” Livingstone said.

At their regular February meeting, the Baylor Board of Regents took major steps towards it’s five-year strategic plan, including approving a tuition increase for the 2025-26 school year, a new scholarship initiative and the addition of two new academic degrees.

The Baylor Board of Regents approved two new master’s degrees at its regular fall board meeting, making strides in the engineering and health sciences departments.

“The Board of Regents and the university are working well together,” Mearse said. “I’m confident as we look to the future and particularly as we look to the implementation of the strategic plan that the best of Baylor is still to come.”

The Board of Regents approved two new degree programs, three renovation projects and the 2023-2024 budget during its annual May meeting Friday. It also elected new leadership.

The Board of Regents, in the face of post-pandemic inflationary pressures and rising costs, approved a 6% increase in its tuition “sticker price” — $54,844 — for the 2023-2024 school year. However, the board also approved a new program titled “Baylor Benefit,” a financial aid initiative meant to help students whose family income is less than $50,000 per year.