Given the success of endowment returns over the past five years, Morehead said his office has a goal to continue to grow the endowment, so that for every billion dollars the endowment accrues, there is an additional $50 million that goes to student scholarships and programs.
Browsing: Tuition
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.
Wealth goes hand in hand with educational success. It can be a head start in the race for those who can afford it and an additional obstacle for those who can’t.
In August 2023, the Biden administration proposed the SAVE (Saving on a Valuable Education) plan as a new effort to relieve many college students and graduates from the burden of expensive education costs.
“Without the $100 million over the next year because of the endowment, every student would have to pay an additional $6,700 in their tuition,” Morehead said. “That is why the endowment is such an important funding system for the school.”
After a hectic year of classes, many students take the opportunity to rest and recharge during the summer. While I understand wanting to take a break, I think students should be more open to taking summer classes. Taking summer classes helps you complete hours in a cheaper, more individualized way.
Students could learn practical skills, make some spending money and even help lower the costs of the university. Now, just because it would lower the operating costs of the university doesn’t mean it would be reflected in a tuition drop — especially when you remember the sentiments in Vedder’s article.
Baylor has always had specific class requirements for graduating, such as taking Chapel, lifetime fitness, a foreign language and a science. Each of these classes counts toward attendance, tuition and GPA, so why don’t students get proper credit toward their degree plans with them?
Long story short, there are a lot of expenses when it comes to college, and students might not be well-equipped to handle them. Baylor has resources for financial aid and counseling; however, it’s still vital to understand what costs you or your family are paying and how they can impact you in the long run.
Regardless of which major you choose, it is wise to invest your time and money well. Baylor tuition is already an uphill battle, so it’s worth figuring out how to make the most of every penny. It starts by admitting that having only one major fails to do that.
Only suckers pay the sticker price, so let them! Instead, spend some time applying for a few scholarships after a well-thought-out conversation with a Baylor financial aid adviser. Somebody is going to walk home with that scholarship; why shouldn’t it be you?
The initial class action lawsuit was filed in June 2020 by then-student Allison King. She filed the original suit against Baylor for breach of the Financial Responsibility Agreement contract in the spring of 2020 when the university moved classes online in light of the COVID-19 pandemic.
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.
The cost of textbooks should be included in the university’s tuition. Instead of making students feel as though they are paying an outside cost, they can use financial aid and scholarship money toward the costs of textbooks.
Student loans. The very words cause many in higher education to shudder in fear, and rightfully so. College, especially private schools such as Baylor, is expensive, and the debt can be hard for many people to get ahead of.
Baylor has been suspended from its students receiving tuition assistance from the U.S. Army.
College tuition inflation rates historically increase two times faster than the inflation rate of the dollar, according to Simple Tuition Services 2013. With rates such as these, students may struggle to pay for college.
Baylor’s tuition was $18,430 a year with fees in 2003, and in 2008, the tuition was, with fees, $26,234. Baylor University’s current tuition is roughly $36,137 per semester, with estimated fees attached. Some simply cannot afford to pay.
Colorado Springs, Colo., junior Chuck Voss is paying his own way at Baylor. It’s not cheap.
According to the Baylor Student Financial Services website, the total an average Baylor student pays for two semesters of undergraduate education is $51,214.
After a five-month legislative struggle in Austin in which the Baylor administration was an active lobbying force, steep budgetary cuts to the Tuition Equalization Grant program have hit Baylor graduate students and incoming freshmen the hardest.
With Texas Equalization Grant funding in peril in the state Legislature, President Ken Starr called on the Baylor family last week to contact legislators in hopes of saving the program.
At Baylor specifically, students that are accepted are awarded a scholarship based on their ranking and test scores. There are also numerous other scholarship opportunities afforded to Baylor students.
The Texas Legislature faces hard choices. Budget cuts are inevitable. Within the range of possibilities is the Tuition Equalization Grant program that supports many financially challenged first-generation and minority students enrolling in one of the state’s educational treasures — its 40 private colleges and universities, many of which are faith-based.
The possibility of severe Texas Equalization Grant cuts has caused leaders of colleges and universities across the state to speak out on behalf of the financial aid program. Today, President Ken Starr will send an email to members of the Baylor family, calling them to support the TEG program and contact their state legislators to express concerns about the proposed cuts to the program.
Veterans attending Baylor will no longer receive as much financial aid from the Post 9/11 GI Bill as they used to, effective Aug. 1. In December 2010, Congress passed the Post 9/11 Veterans Education Assistance Improvements Act of 2010, an amendment to the original GI Bill, which has been a source of financial aid for veterans attending college since 1944.
Baylor has again created a waitlist for its incoming freshman class, with applications having already topped 38,000, far surpassing last fall’s 34,224 applications. However, students can still apply to the university.
With winter comes cold temperatures, multi-layers and congestion, and that’s just in the parking garages. Though the parking problem persists all year round, leaving students with limited options for parking, Matt Penney, director of parking and transportation services, explained at the Student Senate meeting over how his department is working to fix the current parking situation at Baylor.
Baylor administrators will engage in “an orchestrated lobbying effort” to combat bills in the Texas Legislature that could require Baylor to allow licensed students to bring concealed weapons onto campus.
Students attending Baylor and other private colleges and universities could stand to lose up to 41 percent of state grant and work-study program funding, according to a recommendation by the Texas Legislative Budget Board.