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What is the average financial aid amount at Babson College?

For the academic year 2022-2023, total 458 full-time, first-time students (70% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 1,690 students (66% of all students) received grants or scholarships and the average grant amount is $29,393. In addition, 731 students received student loans and the average loan amount is $5,043.

Below tables show the number and amount by source of financial aid at Babson College.
All Undergraduate Student Financial Aid at Babson College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,69066%$29,393
Pell Grants38615%$5,230
Federal Student Loans73128%$5,043
Beginning Students (Freshmen) Financial Aid at Babson College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid45870%-
Grants or Scholarship from All Sources44068%$30,513
Federal Grants41464%$2,758
Pell Grants11217%$5,312
Other Federal Grants41063%$1,334
State/Local Grants355%$2,911
Institutional Grants26541%$45,969
Student Loans19630%$9,137
Federal Student Loans18729%$4,006
Other Student Loans396%$26,709

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