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C O L L E G E   P R O F I L E   -   M O N E Y   M A T T E R S
 
Babson College
Babson Park, MA
TUITION AND EXPENSES
Cost of Attendance $64,714
Tuition and Fees $48,288
Room and Board $15,376
 
Books and Supplies $1,050
Other Expenses Not reported
Payment Plans Installment plan, external finance company
APPLYING FOR FINANCIAL AID
Financial Aid Office
E-mail sfs@babson.edu  
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
 
Application Process
Application Deadline  
Award Notification On or about April 1
Method for Awarding Institutional Aid Federal and Institutional Methodologies
Forms Required Cost to File
FAFSA
Code is 002121
Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
PROFILE OF 2016-17 FINANCIAL AID
Freshmen
Financial Aid Applicants 308 (52.4%) of freshmen
Found to Have Need 236 (76.6%) of applicants
Received Financial Aid 236 (100.0%) of applicants with financial need
Need Fully Met 131 (55.5%) of aid recipients
Avg. Pct. of Need Met 97%
Average Award $39,384
  Need-Based Gift Received by 211 (89.4%) of aid recipients, average amount $37,126
  Need-Based
  Self-Help
Received by 208 (88.1%) of aid recipients, average amount $5,239
  Merit-Based Gift Received by 29 (12.3%) of aid recipients
Merit-Based Gift 29 (4.9%) of freshmen had no financial need and received merit aid, average amount $21,646
 
All Undergraduates
Financial Aid Applicants 1,072 (47.0%) of undergraduates
Found to Have Need 957 (89.3%) of applicants
Received Financial Aid 957 (100.0%) of applicants with financial need
Need Fully Met 504 (52.7%) of aid recipients
Avg. Pct. of Need Met 97%
Average Award $40,358
  Need-Based Gift Received by 906 (94.7%) of aid recipients, average amount $37,388
  Need-Based
  Self-Help
Received by 778 (81.3%) of aid recipients, average amount $6,133
  Merit-Based Gift Received by 168 (17.6%) of aid recipients
Merit-Based Gift 152 (6.7%) of undergraduates had no financial need and received merit aid, average amount $17,687
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PROFILE OF 2016-17 FINANCIAL AID - continued
Borrowing
2016 Graduates Who Took Out Loans 44%
Average Indebtedness of 2016 Graduates $36,556
Parents Borrowing PLUS Loans
  Parents of Students Receiving Aid Not reported
  Parents of Students Not Receiving Aid Not reported
FINANCIAL AID PROGRAMS
Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans
State Loans Available
Other Loans  
Scholarships and Grants
Need-Based Available Federal Pell grants, SEOG, State scholarships, Institutional scholarships
Non-Need-Based Available Academic scholarships, Leadership scholarships
Non-Need Awards
Academic Interest/ Achievement Award Areas Business
  Number of Awards Not reported
  Top Areas (By
  Money Awarded)
 
Creative Arts/ Performance
Award Areas
Not reported
  Number of Awards Not reported
  Top Areas (By
  Money Awarded)
 
Special Achievements/ Activities Award Areas Leadership
  Number of Awards Not reported
  Top Areas (By
  Money Awarded)
 
Special Characteristics
Award Areas
Veterans
  Number of Awards Not reported
  Top Areas (By
  Money Awarded)
 
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C O L L E G E   P R O F I L E   -   M O N E Y   M A T T E R S   -   3
 
FINANCIAL AID PROGRAMS - continued
Employment
Work-Study Programs Federal work study available, other work study available
Average Earnings from
On-Campus Employment
Not reported