Understanding Baldwin Wallace University Tuition and Financial Aid

Choosing a college is a significant decision, and understanding the costs involved is a crucial part of the process. Baldwin Wallace University (BW) recognizes this and strives to make higher education accessible through various financial aid options. This article provides a comprehensive overview of BW's tuition, fees, financial aid packages, and other related expenses.

The Cost of Attendance: Breaking Down the Numbers

The sticker price, encompassing tuition and fees, at Baldwin Wallace University stands at $41,386, as compared to the national average cost of tuition of $47,097, Baldwin Wallace University is cheaper.

However, the "sticker price" doesn't represent what most students actually pay. Baldwin Wallace University emphasizes that 100% of admitted undergraduate students receive financial support, significantly reducing the out-of-pocket cost.

Tuition Costs

In 2023, the median undergraduate tuition at Baldwin Wallace University is $37,686, which is $13,111 more than the national average for Masters Colleges and Universities ($24,575). The cost of tuition at Baldwin Wallace University is $13,111 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

Beyond Tuition: Other Student Expenses

Besides tuition, students should also budget for other expenses, including:

Books and Supplies: Estimated at $1,500 per year.
Personal Expenses: Approximately $3,710 per year, covering items like clothing, toiletries, mobile phone plans, and entertainment.
Transportation: Around $2,956 per year, factoring in gasoline costs and vehicle upkeep.
Room and board: The average yearly cost of room and board at Baldwin Wallace University was of $12,030 in 2023.

These figures, combined with tuition, contribute to the total cost of attendance, which was $61,686.

Decoding the Net Price: What You Actually Pay

The average net price, which reflects the cost after factoring in grants and loans, was $28,190 in 2023. This figure represents a 1.79% increase from 2022. The net price is personalized, based on individual circumstances and the university's financial aid policies. For an accurate estimate, prospective students should utilize BW's Net Price Calculator.

Financial Aid: Making College Affordable

Baldwin Wallace University is committed to providing financial assistance to students. In 2023, 97% of undergraduate students received financial aid through grants or loans. This signifies a 1.04% increase compared to 2022, when 96% of undergraduates received aid.

Financial aid packages can include a combination of:

Grants: Financial aid that doesn't need to be paid back.
Loans: Borrowed money that must be repaid with interest.
Scholarships: Merit-based or need-based awards that don't require repayment.
Work-study jobs: On-campus employment opportunities to earn money while studying.

The average aid package awarded was $36,568.

Read also: Affording ECU

Types of Financial Aid Available

BW offers various types of financial aid, including:

Need-Based Scholarships and Grants: These are awarded based on a student's financial need, as determined by the FAFSA (Free Application for Federal Student Aid). The average need-based scholarship or grant awarded to first-year students at Baldwin Wallace University was $31,402.
Need-Based Loans: These loans must be repaid, typically after graduation. The average need-based loan amount was $4,442.
Merit-Based Aid (Non-Need-Based Aid): These scholarships are awarded for academic achievements or special talents, irrespective of financial need. The average non-need-based scholarship or grant awarded to first-year students at Baldwin Wallace University - excluding any athletic scholarships, if applicable - was $23,283.

Named Scholarships and the President's Horizon Award

BW awards over $4.5 million in named scholarships each year. Many are renewable for four years. All admitted first-year students qualify for at least $14,000 in merit scholarships, renewable for four years. In addition to academic merit scholarships, most students will also be awarded the President's Horizon Award for $1,845 per year. This award supports students in the most in-demand academic programs. The $1,845 President's Horizon Award is NOT included in your total estimate for scholarships and special awards listed above.

Understanding Student Loan Debt

It's important to be mindful of student loan debt. Ideally, the total debt should be less than your anticipated starting salary after graduation. The average BW grad has $34,753 in total student loan debt. The median federal loan debt among borrowers who completed their undergraduate degree is $27,000. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $286.

For context, the average price of a new car in 2025 is $49,740.

Student Loan Default Rate

In 2022 the default rate for borrower's at Baldwin Wallace University was 0%, corresponding to 0 out of the 827 total borrowers.

Read also: Withdrawals for College: A Guide

Admissions and Enrollment

Baldwin Wallace University received 4,384 undergraduate applications in 2023, which represents a 3.67% annual growth. Out of those 4,384 applicants, 3,369 students were accepted for enrollment, representing a 76.8% acceptance rate. This is lower than the acceptance rate of 2022, which was 77%. Between 2022 and 2023, the number of applicants grew by 3.67%, while admissions grew by 3.41%.

There were 3,308 students enrolled at Baldwin Wallace University in 2023. 27% of first-time enrollees submitted SAT scores with their applications. The full-time enrollment at Baldwin Wallace University is 3,083 students and the part-time enrollment is 225. This means that 93.2% of students enrolled at Baldwin Wallace University are enrolled full-time.

The enrolled student population at Baldwin Wallace University, both undergraduate and graduate, is 77.3% White, 6.74% Hispanic or Latino, 6.74% Black or African American, 5.41% Two or More Races, 1.93% Asian, 0.121% American Indian or Alaska Native, and 0.0605% Native Hawaiian or Other Pacific Islanders.

Graduation and Career Outcomes

BW students graduate on time and at high rates. In 2023, 54% of students graduating from Baldwin Wallace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% within 200%.

BW grads land jobs fast and start making money. 97% of BW graduates are employed within six months of graduation.

Financial Aid Application Process

While specific application deadlines weren't available, it's crucial to contact the Financial Aid Office directly for the most up-to-date information.

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