Number Received Financial Aid (All Undergraduate)
1,081
Percent Received Financial Aid(All Undergraduate)
39%
Average Aid Amount
$45,359
Number Received Financial Aid (Freshmen)
293
Percent Received Financial Aid (Freshmen)
45%
Financial Aid Information at Babson
For the academic year 2023-2024, a total of 1,081 students (39% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $45,359. For freshmen (Full-time, first-time degree-seeking undergraduate students), 293 students (45% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Babson College is $57,152, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,081 students (39% of all students) have received grants or scholarships and the average received aid amount is $45,359. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Babson College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,081 | 39% | $45,359 |
| Pell Grants | 393 | 14% | $5,696 |
| Federal Student Loans | 718 | 26% | $5,085 |
Beginning Students Financial Aid
a total of 293 beginning students (45% of all freshmen) have received any financial aid and 281 students (43% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Babson College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 293 | 45% | - |
| Grants or Scholarship from All Sources | 237 | 36% | $47,028 |
| Federal Grants | 90 | 14% | $6,124 |
| Pell Grants | 90 | 14% | $5,290 |
| Other Federal Grants | 42 | 6% | $1,786 |
| State/Local Grants | 15 | 2% | $3,833 |
| Institutional Grants | 233 | 36% | $45,223 |
| Student Loans | 188 | 29% | $10,824 |
| Federal Student Loans | 175 | 27% | $4,132 |
| Other Student Loans | 43 | 7% | $30,505 |
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