I realize that the instate is low for a private because the state of Texas provides money so that Baylor will bias acceptances towards instate students.
BUT…why is the OOS rate so low? I think it’s less than $20k per year for tuition (alone).
Completely wild guess here, but Texas medical laws are very favorable (e.g. tort reform) so maybe they’re able to get away with charging less because it’s cheaper to run a private medical school in Texas.
Interesting. I looked at the chart and it does not show any separate line item for OOS. All Texas schools charge more for OOS but since they are allowed to admit only 10% OOS, they provide tuition waivers to most of them to make the fee on par with in state. At worst, they have to buy something locally to start paying instate tuition starting their second year.
Baylor is heavily funded by the State and is required to admit 75+% in state. Although private, it is limited in the number of OOS seats allowed. I have heard of people who bought condos to get instate in the past but the current charts dont show any difference. Hopefully D will choose to attend and save us lots of money!
https://services.aamc.org/tsfreports/report.cfm?select_control=PRI&year_of_study=2016
@texaspg here it shows instate and OOS rates.
@mom2collegekids - the fees are about the same as the public school fees in Texas. If you go to the public school link and check out the UT schools, they have about the same fees within 2-3k difference in totals.
For some reason, Baylor website is not showing the resident vs non-resident fee structure in their COA.
“Baylor College of Medicine
Tuition (State Resident): $6,550 / Tuition (Non-resident): $19,650”
https://www.bcm.edu/education/schools/medical-school/prospective-students
I think this is a super-interesting question. I looked into it a little bit, and the tuition has been the same for many years. $6,550 for in-state, and exactly 3 times that for OOS, $19,650. Just as they let in around 3:1 in-state to out-of-state students.
First I found this graph: http://medical-schools.startclass.com/compare/15-24/Baylor-College-of-Medicine-vs-Harvard-Medical-School
(Scroll down to historical out of state tuition.) Then googling these numbers, it is indeed legit. So for instance,
(If the link gives you problems, just google
baylor college of medicine tuition 19650 ilyas
)
This shows the OOS tuition was indeed $19,650 back in 1999.
So the remarkable thing is the tuition has been held constant over that time. As you can see, Harvard’s essentially doubled over the same time period.
This doesn’t answer the precise question of HOW they have done it. Though we know as pointed out above that they receive state support. And undoubtedly some major fiscal discipline.
Couple the low tuition with the lower cost of living of the Houston area, and it is no wonder the BCM students graduate with so little debt.
I dont believe the instate tuition is 6500. The chart from #3 shows an additional 12k in fees of somekind.
https://www.bcm.edu/education/financial-aid
This says average debt is 110000 which wouldn’t be so high for a low tuition of 6500.
@texaspg Good eyes! I didn’t even notice that huge addition of fees…a lot more that the other schools. Wonder why those fees are so high, and not mostly part of tuition? G’town is another with high fees, but still nowhere as high as Baylor.
@mom2collegekids - I am not sure why they are breaking it down that way but the total is very much comparable to instate schools at 16-18k /per year. I don’t believe there are many state schools out there that are under 20k in tuition.
The state of Texas has great rates for instate students…no doubt!!!