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Babson College Tuition, Costs, & Financial Aid Information

Babson Park, MA

Tuition and Expenses


Cost of Attendance
$76,946
Tuition and Fees
$54,144
Room and Board
$17,666
Books and Supplies
$1,178
Other Expenses
$3,958
Payment Plans
 

Applying for Financial Aid


Financial Aid Office

Email
sfs@babson.edu
Web Site
Financial Aid Web Site
Net Price Calculator URL
Net Price Calculator URL

Application Process

Application Deadline
Priority deadline February 1
Final deadline February 1
Award Notification
On or about April 1
Methodology 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
Noncustodial (Divorced/Separated) Parent's Statement  

Profile of 2019 - 20 Financial Aid


Freshman

Financial Aid Applicants
300 (55.7%) of freshmen
Found to Have Financial Need
229 (76.3%) of applicants
Received Financial Aid
229 (100.0%) of applicants with financial need
Need Fully Met
229 (100.0%) of aid recipients
Average Percent of Need Met
100%
Average Award
$45,616
Need-Based Gift
Received by 212 (92.6%) of aid recipients, average amount $39,582
Need-Based Self-Help
Received by 206 (90.0%) of aid recipients, average amount $5,552
Merit-Based Gift
Received by 31 (13.5%) of aid recipients
Merit-Based Gift
21 (3.9%) of freshmen had no financial need and received merit aid, average amount $21,920

All Undergraduates

Financial Aid Applicants
1,043 (44.2%) of undergraduates
Found to Have Financial Need
970 (93.0%) of applicants
Received Financial Aid
970 (100.0%) of applicants with financial need
Need Fully Met
610 (62.9%) of aid recipients
Average Percent of Need Met
99%
Average Award
$44,121
Need-Based Gift
Received by 931 (96.0%) of aid recipients, average amount $41,446
Need-Based Self-Help
Received by 773 (79.7%) of aid recipients, average amount $5,514
Merit-Based Gift
Received by 147 (15.2%) of aid recipients
Merit-Based Gift
155 (6.6%) of undergraduates had no financial need and received merit aid, average amount $15,826

Borrowing

2019 Graduates Who Took Out Loans
40%
Average Indebtedness of 2019 Graduates
$37,866
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, Private scholarships
Non-Need–Based Available
None

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)
 

Employment

Work-Study Programs
Federal work study available, other work study available
Average Earnings from On-Campus Employment
Not reported

A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2020 Peterson's LLC. All rights reserved.