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#21 Best Private Colleges in Texas

Wayland Baptist University Tuition & Cost

Plainview, Texas

 2 Reviews

How much does it cost to attend?

Sticker Price
$36,256
Costs for Wayland Baptist University
Fee Cost
Tuition$21,360
Books and Supplies$1,000
Other Fees$1,298
Room and Board $8,342
Other Expenses Budget$4,256

Annual Prices

The annual list price to attend Wayland Baptist University on a full time basis for 2018/2019 is $36,256 for all students regardless of their residency. This fee is comprised of $21,360 for tuition, $8,342 room and board, $1,000 for books and supplies and $1,298 for other fees. Out of state tuition for Wayland Baptist University is $21,360, the same as Texas residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Wayland Baptist University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$24,882
Net Price by Income Wayland Baptist University
Family Income Net Price Paid
$0 to $30,000$22,450
$30,001 to $48,000$23,238
$48,001 to $75,000$24,799
$75,001 to $110,000$28,442
$110,000+$30,111

The average reported annual net price for Wayland Baptist University for students receiving grants or scholarship aid was $24,882 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

91% of full-time undergrad Wayland Baptist University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,974 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 78% of students received Federal Student Loans averaging $8,829 and 10% of undergrads took out private student loans averaging $12,122.

Finanical Aid Wayland Baptist University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,974 91%
Institutional Grants and Scholarships $3,445 83%
Pell Grants $4,322 54%
Other Federal Grants $959 21%
State and Local Grants $3,315 55%
Federal Student Loans $8,829 78%
Other Student Loans $12,122 10%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Wayland Baptist University, we've modeled a ten year student loan with an original principal value of $39,592. The loan balance of $39,592 is a four year multiple of the $9,898 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $378 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $39,592
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $377.75
Total Interest Paid $5,738.16
Sum of All Loan Payments $45,330.16

Projected 4 Year Degree Price

4 Year Sticker Price
$145,024
Year All Residents
1 $36,256
2 $42,042
3 $48,752
4 $56,533

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Wayland Baptist University to be $145,024 - assuming graduation in normal time. The estimation assumes a 16% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Wayland Baptist University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $712 $2,136 $2,848

Estimated cost for a class at Wayland Baptist University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Wayland Baptist University versus other colleges.

Tuition Payment Plans Available

Wayland Baptist University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=229780 IPEDS survey data for Wayland Baptist University.