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Education

Financial Aid

Master
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Supporting the College's Mission

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The Office of Student Financial Aid assists and counsels students in all four of Baylor's schools in obtaining financial assistance for their education, as well as imparting information on the importance of their financial obligations.

*** CARES ACT HEERF Funding for Students Impacted by COVID-19 ***
Baylor College of Medicine has been awarded $253,002 of CARES Act Higher Education Emergency Relief Funds (HEERF) to use towards emergency funding for students. More information about this funding is available here

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Funding Sources and Programs

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The primary funding sources are listed at Federal Student Aid published by the Department of Education.

In addition, there are also federal loan and grant programs specifically for health professions students. While these programs provide some financial assistance, you will want to contact professional societies, state agencies and other associations that support health sciences education to determine whether they have scholarships or low-interest loan programs available. The office also makes available to students any information it receives concerning outside scholarship opportunities.

We recommend students carefully study the many programs that are available. You should become familiar with the various interest rates, repayment periods, annual and aggregate loan limits, and the services provided by the agencies that provide these resources.

Discuss your anticipated need for financial assistance with your family and be aware of the amount of debt you may have to repay once you complete your studies.

Financial aid counseling is available to all students. Questions and appointments can be made at finaid@bcm.edu.

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Average Debt for 2019 Graduating Class

Program

Debt

Medical

$106,344

DNP

$136,577

Physician Assistant

$124,533

MSOP

$109,686

Grad Students

$0

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Policies and Privacy

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Policies specific to each academic program are included in the student handbooks of the respective programs. All Baylor College of Medicine student handbooks may be accessed through the Academic Policies website.

Refund Policy

Financial Responsibilities, Financial Aid Eligibility, and Satisfactory Academic Progress Requirements for Students.

Baylor College of Medicine and the Office of Student Financial Aid make every effort to ensure that all information remains confidential in accordance with the Family Educational Rights and Privacy Act.

Office of Student Financial Aid Conflicts of Interest Policy

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