Baker University Tuition Per Semester

Average School Grant: $16535

This is $2736 HIGHER than the average for Private not-for-profit schools, which is $13799.

Right away, it seems like Baker University offers more institutional aid than other schools. On the surface, this can mean that students who do receive institutional grants get a competitive amount, compared to other schools.

On the other hand, this can also mean that the school just costs more than the typical school of its type. If Baker University costs more, it makes sense for the average grant award to be higher.

Up to this point, we’ve looked entirely at grants for Baker University. Next, we’ll do the same analysis for student loans, which is where student debt comes from.

How Much Financial Aid Do Students At Baker University Get

The Cost of Attendance listed above might be intimidating. The good news is that most students dont end up paying that full price to attend Baker University.Financial aid helps make up the difference between the Cost of Attendance and what families can actually afford.

Here we’ll cover how many students get Baker University financial aid, what types of aid they get, and how much.

A Brief Intro to Financial Aid

Aid comes in many forms, including:

• Need-based grants

This financial aid comes from a few different places:

• Federal aid comes from the federal government, or is subsidized by the federal government.
• Institutional aid comes from your school itself.

Generally, its better for MORE students to receive HIGH amounts of financial aidthis means students pay less for college.

Lets take a look at how Baker University compares to other schools.

Example Loan Payments And Costs

How much are student loan payments for Baker University? Obviously this varies based on a number of factors – offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We’ve modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $77,780, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $93,305.11. This could be your effective total out of pocket cost of an education at Baker University. Note that this calculation assumes you don’t pay full list price tuition, are part of the reported 100% of students at this school who receive financial aid and you are paying an average annual net price of $19,445. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Baker University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

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Net Price: The Quick And Easy Way

If you want a quick, general idea of your annual Net Price at Baker University, here’s a handy chart showing the net price of real students. All you need is your family income.

Note that these values may be a few years old, and today’s prices may be a bit higher.

As we’ll discuss next, your exact Net Price will depend on other factors like the number of family members and total assets, but this represents the typical Net Price.

Net Price: The Most Accurate Method

Most schools have an updated Net Price calculator available. To find it, just google “Baker University Net Price Calculator” – the official tool should be one of the top search results.

Often the school will ask for more information than just income:

• The number of people in your household
• The number of family members in college
• Parental wages, income, and assets
• Student wages, income, and assets

This will take 10-15 minutes to complete, and you’ll get a specific net price that’s more accurate than the table above.

Finally: Is This Price Really Worth It

Chances are, college won’t be cheap. Even if you have a few top choice schools in mind like Baker University, it’s still useful to explore broadly.

A few questions to ponder:

• How much better off will you be if you attend Baker University as opposed to a similar, but cheaper, school?
• Have you considered a range of private and public schools? Big and small?
• What if you didn’t attend college at all? (This is extreme, but just worth considering even for a second.

Here’s our take: college will be a really important stage in your development. Going to a better, more reputable college will usually pay off in the long run. By going to a better college, you’ll be surrounded by a more interesting community, find it easier to land a job, and open up opportunities.

To determine the value of Baker University, we’re going to rely on reputable ranking lists. These consider factors like reputation, student selectivity, income after graduating, and more to determine the value of a school.

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Baker University Tuition And Financial Aid

This guide is designed to answer one question for you: How are you going to afford Baker University?

You probably know that planning for expenses is an important part of the college application process. What you may not know is how many different things you need to keep track of to pay tuition and apply for financial aid.

Here’s what we’ll cover:

• How much does Baker University tuition cost?
• How much financial aid do students at Baker University usually get?
• How much debt is typical for students at Baker University?
• How much will Baker University cost YOU, and can you actually afford it?
• Is Baker University a good value for you?
• What are other schools that might be a better value than Baker University?

School location: Baldwin City, KS

Baker Tuition Cost & Financial Aid

Though Baker University is a private college, its tuition and other fees are reasonable, especially given the high quality of its academics. The base cost for the education including tuition, books, and fees, is just over $30,000. When living expenses and related costs are tallied, students pay $45,000 for a year at Baker. Off campus students may pay a bit more or less depending on what sort of rent they can negotiate. All of these costs are mitigated by Baker’s financial aid packages, which are terrific.

In fact, 100% of all first-year, full-time students at Baker receive grants and scholarships that average $21,000 per student, thus nearly halving the total cost for a year of stellar academics. To help cover costs, around 65% of students take out federal or private student loans. Once these financial aid instruments are utilized, the net cost of a Baker education comes down significantly.

In fact, of students who receive Title IV aid, the lowest income families have a net price of $19,000. At the top end, those high-income families pay a net price of $25,000. The overall average net cost is just under $24,000.

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House And Food Costs At Baker

Room and board at Baker is $9,300 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 Baker’s on-campus cafeterias and dining facilities. Students who live off campus but would like to be able to eat in the campus dining can pay for a meal plan. The cost of board-only is $3,750.

Board costs vary based on on the numnber of meals you intend to eat on-campus

Estimated 4 Year Cost At Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor’s degree at Baker is $184,880 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you’re in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school’s annual $19,445 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $77,780**

If you end up on the “five year plan” and need an additional year to graduate, your five year cost could be as high as $231,100 or $97,225 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education’s 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school’s net price calculator for further understanding of your potential net price.

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Planes Trains And Automobiles: Transportation Costs At Baker

The cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or are you planning to use public transportation? All of these questions can drastically impact your transportation budget. At Baker, freshman are allowed to park on campus.

A school’s location can also have a big effect on 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 flip side, getting around in a city could be costly, but there may be more buses, trains and affordable flights to actually get to school. The Baker University campus is located in a small town setting in Kansas, near Kansas City.

Average Net Price By Family Income

Net Price

$110,000+

$24,187

The net price is decided based on the family income. Depending on the bracket under which the annual family income of a student falls, the net price may vary and the financial aid provided may either be less or more than the overall average costs incurred during the program.

Although, the average net price per program for a student at Baker University is $23,016.

So, for the annual family income ranging from $0-30,000 has a net price of $18,293 which is quite low as compared to the average net price per program. Similarly, net price for the annual income range from $30,001-48,000 is $20,258 which is slightly higher than the last range. There is absolutely no major difference in the annual income range from $48,001-75,000 and the last range where the average net price is $20,305. For the annual income range of $75,001-110,000 where the average net price jumps to $22,387. Whereas, there is a similar increase in the average net price per program for the annual income greater than $110,000 which comes out to be $24,187.

These values are being constantly updated from one academic year to another. Net price based on your financial capabilities can also be calculated using Baker Universitys Net Price Calculator.

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Estimated Future Cost And Expected Tuition Increase

What will it cost to send your child to Baker University in the future? In the past four years, this school’s published in-state tuition and fee total rose from $26,730 to $30,170. This amounts to an average annual price increase of 2.6%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc’s estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $184,880.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Baker University.

College Cost Analysis.

• CollegeCalc is a source for students and parents seeking college pricing data and higher education cost calculation. Learn more.
• Terms of Service

• All school data is sourced from the U.S. Department of Education IPEDS Surveys for school years 2020-2021 and 2019-2020 and is in the public domain. Site data was last updated in February 2022 This site is not affiliated with or endorsed by the U.S. Department of Education. We believe the content represented on this website to be correct yet make no guarantee to its accuracy. CollegeCalc.org has no direct affiliation with the schools presented on this website and the school names are the property of their respective trademark owners.

2022-10-07 16:24:21 – desktop – s:ms

What Would It Cost You To Attend Baker University

Finally, we get to the bottom line: what will Baker University actually cost YOU? Every family has a different situation, and depending on your income level, you’ll have to pay more or less to go to college.

What is Net Price, and Why Does it Matter?

Above, we’ve covered Baker University’s Cost of Attendance . We also covered its typical financial aid in grants, loans, and scholarships.

The Net Price is the total cost minus the total aid given. In other words, this is the price you have to pay to the school out of pocket. The lower the school’s cost, and the more aid you get, the lower the Net Price.

We’ll cover two ways to get your Net Price for Baker University – the fast way, and the precise way.

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Financial Aid At Baker

The majority of Baker undergrads use financial aid to to cover the cost of tuition. In 2022, 670 of the 1,147 undergrads enrolled received financial aid. Baker meets 85% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $23,246 a year. Around 71% of Baker undergrads take out student loans to cover any remaining costs. Baker graduates who have student loans graduate with an average of $30,476 of student loan debt.

The average debt for each loan type varies.

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.

Consumer Information Gainful Employment Disclosures

The US Department of Education requires colleges and universities to report and disclose certain information about their programs in a clear, prominent, user-friendly, and easily understood manner. The intent is to enable students to make an informed choice about their future program of study. Parker University supports this initiative and willingly provides information on our certificate programs, as required by federal regulations.

College of Business and Technology Certificate Programs

Part-time Tuition Students who are enrolled in less than 16 hours are charged a part-time tuition rate of $555 per credit hour for term. Elective and Non-Elective Courses

• All charges associated with these courses must be paid when the class size becomes large enough to establish the course.
• All charges associated with these courses must be paid at registration. No student tuition loans will be offered for them.
• The number of students used to determine class size does not include persons who do not pay tuition.

Part-time Tuition Students who are enrolled in less than 16 hours are charged a part-time tuition rate of $530 per credit hour for term. Elective and Non-Elective Courses

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Average Grant Award: $18738

This is $2250 HIGHER than the average for Private not-for-profit schools, which is $16488.

Altogether, this is great news – at Baker University, MORE students get financial aid, and each award size is HIGHER. This means students have to rely less on loans to pay for college and will likely graduate with less debt.

Undergraduate Tuition And Fees

Off Campus

$1,200

Baker University offers both on-campus and off-campus housing. It can be quite a task to find off-campus housing, however, it might be the option some students are looking for as it is a bit cheaper. Campus expenses include room and board as well as some miscellaneous expenses. In case of any student attending Baker University, the room and board expenses for an on-campus student is $8,310 and for an off-campus student, these expenses amount to $8,180.

When it comes to books and supplies, the prices easily touch $1,200 while the other miscellaneous expenses amount to around $5,070 for all students.

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How Much Debt Is Typical For Students At Baker University

Aside from grants, the other major way to pay for college is with student loans. Student loans arent free sums of money – you borrow a certain amount to attend Baker University, and then pay it back with smaller monthly payments after you graduate.

The more student loan money you borrow, the more debt youll end up with after graduation. Ideally, you want to minimize your student debt as much as possible. Less debt means less of a financial burden once you leave school.

Its generally a bad sign if a school has many students taking out a lot of loans. This indicates that graduates have to worry about paying back big sums of money once they leave school.

To address the amount and type of debt that students take on, this section will cover:

Lets see what students at Baker University have to deal with: