In 2022, tuition for full-time students at Wayland Baptist University was $20,942 a year.
Tuition increased 1.72% in 2022–from $20,588 the previous year. On average, college tuition goes up about 3% every year.
Remember, the advertized cost of tuition does not give you enough information to determine the actual cost of attending any given college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theactual cost of attending college more manageable until you're done with college.
Wayland Baptist University is a private, religious institution, which means it has the same tuition for students from Texas as it does for students who live in other states.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing a college where you are eligible for the reduced tuition offered to state residentscan save on the overall cost of college. Don't forget to confirm your state's guidelines for how to qualify for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on where you live.
Wayland Baptist University has the same tuition for international students as for those from out of state.
International students are not eligible for loans or grants from the U.S. government, but may be eligible for private or Wayland Baptist University-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Wayland Baptist University:
•On-campus jobs •Athletic Awards •Wayland Baptist University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Wayland Baptist University.
Housing and campus dining at Wayland Baptist University costs $8,660 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the school dining halls.
Meal-plan costs can depend on the numnber of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
Most schools charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be additional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer ways so that those with financial need to get help covering these costs.
The cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area might be pricey, but there may be more trains, busses or low-cost flight options to actually get to school. Wayland Baptist Universityis in a small town setting in Texas.
When you're planning for college, be sure to leave some room in your budget for the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for Wayland Baptist University.
What will the cost of attending Wayland Baptist University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$8,660|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
Wayland Baptist University’s tuition and fees change based on: •Campus location for full-time and part-time students •Course load for both full and part-time students
In 2022, 1,005 of the 2,690 undergrads enrolled received financial aid. Wayland Baptist University meets 58.5% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $16,868 a year. Around 82% of Wayland Baptist University undergrads take out student loans to cover any remaining costs. Wayland Baptist University graduates who have student loans graduate with an average of $32,287 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Wayland Baptist University Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Wayland Baptist University financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, Wayland Baptist University awarded 1,003 need-based scholarships to students, giving away total of $9.7 million to help students with financial need cover the cost of school. An additional $1.23 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Wayland Baptist University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Wayland Baptist University was $16,868 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Wayland Baptist University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Wayland Baptist University really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Wayland Baptist University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Wayland Baptist University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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