Number Received Financial Aid (All Undergraduate)
1,690
Percent Received Financial Aid(All Undergraduate)
66%
Average Aid Amount
$29,393
Number Received Financial Aid (Freshmen)
458
Percent Received Financial Aid (Freshmen)
70%
Financial Aid Information at Babson
For the academic year 2021-2022, a total of 1,690 students (66% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $29,393. For freshmen (Full-time, first-time degree-seeking undergraduate students), 458 students (70% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Babson College is $56,032, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,690 students (66% of all students) have received grants or scholarships and the average received aid amount is $29,393. 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 | 1,690 | 66% | $29,393 |
| Pell Grants | 386 | 15% | $5,230 |
| Federal Student Loans | 731 | 28% | $5,043 |
Beginning Students Financial Aid
a total of 458 beginning students (70% of all freshmen) have received any financial aid and 452 students (70% 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 | 458 | 70% | - |
| Grants or Scholarship from All Sources | 440 | 68% | $30,513 |
| Federal Grants | 414 | 64% | $2,758 |
| Pell Grants | 112 | 17% | $5,312 |
| Other Federal Grants | 410 | 63% | $1,334 |
| State/Local Grants | 35 | 5% | $2,911 |
| Institutional Grants | 265 | 41% | $45,969 |
| Student Loans | 196 | 30% | $9,137 |
| Federal Student Loans | 187 | 29% | $4,006 |
| Other Student Loans | 39 | 6% | $26,709 |
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