Financial Aid Graduate level students may apply for financial assistance through the Baylor Financial Aid Office. Eligibility for need-based programs is determined by a federal formula which considers income, assets, family size and number of family members in college. Additionally, there are non-need based programs which consider the applicant's credit history when determining loan eligibility. Financial aid information for EMBA students is highlighted below. This ground breaking program is designed to provide executive and part-time MBA students with education loans that are not available through any other source.
Several organizations provide loans for Graduate education.
Interest on SLS and CAL loans begins accruing at the time of disbursement. The loan is made by a participant lender such as a bank, credit union, or savings and loan association. Lenders may choose to whom they lend within the Stafford Loan eligibility guidelines. For students who currently have an outstanding balance on a 7 or 9 percent Stafford Loan, the interest rate on additional Stafford Loans will continue to be 7 or 9 percent, respectively. Loan repayment begins 6 months after the student graduates, leaves school, or drops below half-time status if the interest rate is 8 or 9 percent, and 9 to 12 months if the interest rate is 7 percent.