Tuition and Financial Aid

Baylor University delivers an amazing return for your investment. We are committed to offering a high-quality education that is also accessible to students at all levels of financial need. With financial aid and scholarships available, our goal is to keep your costs low and your debt manageable. Take advantage of our pay-by-the-course option and get started on your Online MBA program today.

Tuition Breakdown

Tuition (Per Credit Hour)	Per Term
Core Curriculum	$1,068
Administrative Fee per term	$100
Total tuition cost	$51,264

Fees

There is a $100 per-term administrative fee.

Financial Aid

Baylor offers online students the same financial aid opportunities offered to campus students. If you are interested in pursuing federal loan assistance, please complete the Free Application for Federal Student Aid (FAFSA) using Baylor’s Federal School Code 003545. Please be aware that your financial aid award package may take several weeks to be processed; therefore, filling out the FAFSA at time of application is encouraged.

Please click here for more information regarding financial aid. This website features a financial aid checklist and instructional videos on filling out the FAFSA and obtaining federal loans. If you have any questions, please contact the Student Financial Aid Office.

Need-Based Endowed Scholarship

The Online MBA program is excited to offer our new 2024 students a one-time $6,000 scholarship to be applied to their first term of enrollment. This scholarship can be used in combination with any of our other scholarships (Dean's, Alumni, Affiliate Partner, Military or International). 

Submit this form to apply for the Need-Based Endowed Scholarship for the Online MBA program. Once your form is received, we will process your request and communicate as needed.

Minimum Requirements

• Admitted to the Online MBA program
• File the 2023-2024 FAFSA
• 5 years entry-level management experience

Additional Preferred Qualifications

• Admitted for Spring Term 1 2024
• Experience as an entrepreneur

Scholarships

We are committed to helping motivated students find the resources they need to reach their educational goals and realize their dream. The Online MBA program offers five scholarships, each worth $6,000; however, students are not eligible to receive more than one. If applicable, a scholarship is awarded at the time of admission.  If a student is awarded a scholarship, it will apply as a $500 discount on each Core MBA course, for a scholarship total of $6,000.  Scholarships do not apply to Business Foundation courses. Should students take additional courses, the scholarship is not increased.

Dean’s

Awarded to outstanding applicants based on an undergraduate cumulative grade point average (GPA) of 3.75 or higher on a 4.0 scale. Dean’s Scholars receive a $500 tuition credit per Core MBA course up to $6,000.

Baylor Alumni

Awarded to Baylor Alumni applicants whose undergraduate cumulative grade point average (GPA) was a 3.25 or higher on a 4.0 scale. Baylor Alumni Scholarship recipients receive a $500 tuition credit per Core MBA course up to $6,000.

International Fellows

International Fellows Scholarships are awarded to applicants each entering term based on a combination of two requirements: 1. Achievement in undergraduate studies based on a cumulative GPA of 3.25 or above on a 4.0 scale and 2. Four or more years of qualifying international experience to include international managerial experience outside the U.S.; or management of an international business while being based in the U.S.; or international missionary experience with a management component. Applicant must provide proof of qualifying international experience. International Fellows receive a $500 tuition credit per Core MBA course up to $6,000. The continuation of the scholarship is contingent upon maintaining an overall GPA of 3.0 in the MBA program.

Military

Military Scholarships are reserved for students entering the Baylor Online MBA program who have served in the military (active duty and veterans). Military identification or proof of prior service must be presented to qualify. Students who qualify for a Military Scholarship are awarded a $500 tuition credit per Core MBA course up to $6,000.

Affiliate Partner

Students may be available to students who qualify through their company. Please check with your Human Resources department to determine eligibility. Students who qualify for an Affiliate Partner Scholarship are awarded a $500 tuition credit per Core MBA course up to $6,000.

Note: Scholarships referenced here do not apply to the business foundation courses (ACC5301, QBA5302, FIN5203, BL5104, ECO5305).

Refund Schedule

Once you start classes, there is a limited time to receive a tuition refund if you choose to withdraw from class. Please review the refund schedule below to determine the refund amount available during each class day.

Before Day 1	Day 1 (Monday)	Day 2 (Tuesday)	Day 3 (Wednesday)	Day 4 (Thursday)	Day 5 (Friday)
100%	90%	70%	50%	30%	0%