Invest inYour Future
2 As part of a Christ-centered education, we are committed to partnering with you to make a DBU education affordable. Realizing every student’s financial picture is unique, we will work closely with you to navigate the financial aid process and craft the best possible financial aid package for you and your family. Together We Can Make It Happen A Quality, Private Education Made Affordable Many people hear “private education,” and they immediately think “great education, but not affordable.” That is not the case with DBU. DBU is a Christ-centered university committed to developing servant leaders, but we are equally committed to making our education affordable. DBU’s tuition is among the lowest of the state’s private colleges, and with 97% of incoming first-year students in 2020 receiving financial aid, our transformative, private education is well within reach. How DBU Stacks Up Private Colleges in Texas 2019–2020 Annual Tuition and Fees Southern Methodist University $58,540 Texas Christian University 51,660 Rice University 51,107 Baylor University 47,364 University of Dallas 44,810 Austin College 42,590 Abilene Christian University 37,800 Houston Baptist University 34,500 LeTourneau University 32,490 Dallas Baptist University 31,940 Hardin-Simmons University 31,366 University of Mary Hardin-Baylor 30,850 Howard Payne University 29,378 East Texas Baptist University 27,640 Wayland Baptist University 21,304 Source: 2019-2020 Tuition & Fees, U.S. News & World Report, 2021
3 Too often financial aid can seem complicated and confusing. Let us help simplify the process – in three easy steps. Financial Aid Made Simple 1. Submit the FAFSA. Complete the Free Application for Federal Student Aid (FAFSA). The application is available online at studentaid.gov. 2. Apply for Institutional Scholarships. Your admissions application will be used to determine eligibility for the Christian Service Scholarship and Academic Scholarships. You may apply for additional institutional scholarships at dbu.edu/scholarships. 3. Receive your awards. Once you apply for financial aid and meet the relevant deadlines, a Financial Aid counselor will evaluate your information. DBU will then send you an award letter summarizing all aid. Families must follow the directions outlined in the financial aid award letter and any enclosures to ensure the process is completed. To learn more about financial aid at DBU, please visit dbu.edu/financialaid. We Are Here to Help The Office of Financial Aid is available to answer any questions and to help guide you and your family through your financial aid options. Visit us at our office in the John G. Mahler Student Center or contact a Financial Aid Counselor at 214.333.5363, or e-mail us at finaid@dbu.edu. Tuition Cost Calculator Our net cost calculator at dbu. studentaidcalculator.com will provide you and your family with a preliminary estimate of available aid options.
4 There are four main types of financial aid available: scholarships, grants, loans, and work-study programs. Financial aid packages generally include a blend of these aid types and are awarded based on merit and/or need. Scholarships Scholarships do not need to be repaid. They are based on student achievements or characteristics, including academic, athletic, and/or financial need. Grants Unlike loans, most types of grants are sources of money that generally do not have to be repaid. Loans Loans must be repaid; however, the interest is typically low and repayment generally begins after graduation. Work-Study Programs These are jobs on campus to help pay for college, with eligibility based on need and job availability. DBU employs over 800 student workers every semester. A Wise Investment College is one of the best investments you can make. The average rate of return on a bachelor’s degree is 16%.1 College graduates typically earn 67% more than high school graduates.2 1. The Hamilton Project (www.hamiltonproject.org/charts/return_on_investment_to_a_bachelors_degree) 2. College Board (trends.collegeboard.org/sites/default/files/education-pays2016-full-report.pdf) Source: CCCU (Council of Christian Colleges & Universities) Mean starting salary for college students six months after graduation Percent of college students finding jobs six months after graduation private, nonprofit 4-year While DBU is one of the more affordable private universities, financial aid can help lower your college costs even further. Financial aid can help pay costs such as tuition and fees, books and supplies, and room and board. Financial Aid
5 An Investment Job Security The unemployment rate for those with a degree is historically lower than those without a degree. In 2018, the College Board reported an unemployment rate of 2.2% for those with a degree compared to 5.7% for those without a degree.2 Demand for employees with a bachelor’s degree is expected to increase by 8.2% and by 13.8% for those with a master’s degree from 2014-2024.4 Employability Employers seek individuals of high caliber and impeccable character. Graduates of Christian colleges are highly sought after by companies because of their reputation of being dedicated and ethical employees. A DBU education gives you the skills employers want such as the ability to manage and lead people, creative problem solving, communication, and sound judgment. In today’s world, families are inundated with rising costs, and the dollar isn’t what it used to be, and we know that. Because of this new reality, any quality undergraduate education requires an investment on the part of the student and parents. For students, we understand the investment of time and energy. No easy A is worth it, so we push our children to excel and exceed all expectations, and sometimes that means hours of investment, knowing that the return will be greater. The same is true of the financial investment that is necessary for an undergraduate degree. College is one of the best investments you can make in your future. The average rate of return on a bachelor’s degree is 16%.1 College graduates earn 24% more on average than high school graduates for a total of $24,900 more per year.2 Over a lifetime, a college graduate will earn over $400,000 more than someone with a high school diploma even with accounting for the cost of college.2 What other type of investment pays you back in this way? The average year over year appreciation rate on homes in the U.S. was 14.5% in 2021.3 When looking at wise choices with money, keep in mind your long-term goals. 1. The Hamilton Project (www.hamiltonproject.org/charts/return_on_investment_to_a_bachelors_degree) 2. College Board (research.collegeboard.org/pdf/education-pays-2019-full-report.pdf) 3. www.millionacres.com/real-estate-market/what-is-the-average-appreciation-of-real-estate-in-the-us 4. U. S. Bureau of Labor Statistics (www.bls.gov)
6 DBU Scholarships • Academic Scholarships • Acteen Scholarship • AWANA Scholarship • Baptist Minister’s Dependent Scholarship • Baptist Student Ministry Scholarship • Camp Ministry Matching Gift Program • Challengers Scholarship • Chapel Worship Scholarship • Christ for the Nations Institute Scholarship • Christian Leadership Scholarship • Christian Service Scholarship • Church Matching Gift Program • First-Year Baptist/BGCT Ministerial Grant • Hispanic Education Initiative Scholarship • Honors Scholars Academy Scholarship • Mary Hill Davis Scholarship • National Merit Scholarship • Phi Theta Kappa Scholarship • Third Culture Kid (TCK) College Allowance • Transfer Commuter Scholarship • University Honors Program Scholarship $2,000 per year in addition to academic scholarship For a full list of scholarships, visit dbu.edu/ scholarships. Dallas Baptist University believes in a holistic approach to evaluating students for academic and Christian service scholarships. Scholarships at DBU are determined with consideration to the rigor of a student’s academic program and high school curriculum, Christian commitment, leadership, extracurricular involvement, and institutional fit. Students will be considered for the Christian Service Scholarship (CSS) and Academic Scholarships based on their admissions application and may apply for additional scholarships. DBU Scholarships
7 CSS + Patriot Award: up to $8,000 annually • Typical student has an average GPA of 3.00; • At least 21 ACT/1100 SAT/71 CLT (test scores optional); • And is ranked in the top 50% of their class. CSS + Dean’s Award: up to $12,000 annually • Typical student has an average GPA of 3.65; • At least 24 ACT/1180 SAT/77 CLT (test scores optional); • And is ranked in the top 25% of their class. CSS + Presidential Scholar Award: up to $16,000 annually • Typical student has an average GPA of GPA 3.95; • At least 28 ACT/1310 SAT/87 CLT (test scores optional); • And is ranked in the top 10% of their class. Church Gift Matching Program DBU will match designated Christian church gifts for DBU students up to, but not exceeding, $3,500 per academic year, per student scholarship. Visit dbu. edu/financialaid or call the Office of Financial Aid at 214.333.5363 for restrictions and qualifications. Camp Ministry Matching Gift Program Dallas Baptist University will match designated Christian Camp gifts for DBU students up to, but not exceeding, $1,500 per academic year, per student. Certain restrictions apply. Refer to the Camp Matching Gift Guidelines in the Financial Aid Forms page on our website, dbu.edu/financialaid, for more information. DBU Christian Service Scholarship The Christian Service Scholarship (CSS) is valued at $3,000 per academic year for qualifying students. Students that receive the CSS demonstrate Christian character and are involved in their church, school, and community. Students are considered for the CSS and academic scholarships based on their application for admission. DBU Christian Leadership Scholarship We value a commitment to Jesus Christ and students who have demonstrated significant Christian leadership may apply for up to $3,000 in additional aid. For more information about the Christian Leadership Scholarship, visit dbu.edu/ scholarships. Matching Gifts DBU offers matching gift programs where DBU will match every $1 given by Christian churches and camps up to a certain dollar amount per academic year. A scholarship is an award that recognizes academic achievement, service and leadership, as well as student financial need. DBU offers a very generous scholarship program, rewarding a range of talents and interests—such as the ministry, community service, global missions, science research, creative artists, scholar-athletes and more. Up to $16,000 per year
Office of Admissions 3000 Mountain Creek Parkway Dallas, Texas 75211-9299 95% The average financial award per year for first-year students at DBU in 2020 $24,394 F I N A N C I A L AWA R D S 21%less debt DBU students graduate with one of the lowest debt burdens among private colleges in the country. The average DBU student graduated in 2018 owing $22,568. That is $5,800 less debt than the national average and over $9,000 less than the average private college graduate. Source: The Institute for College Access and Success (ticas.org) of incoming first-year students in 2020 received the Christian Service Scholarship. 1.800.460.1DBU | 214.333.5360 | admissions@dbu.edu | discover.dbu.edu Developing Servant Leaders. Transforming Lives.
RkJQdWJsaXNoZXIy ODc4ODgx