Can You Afford Babson College?

Concerned about paying for college? Take a look at Babson College’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

2020 - 2021 Costs Between $21,208 and $74,902

Feeling a little stressed about paying $74,902 to attend Babson College each year? This number can be deceiving, and for many, the net price you pay will be less.

While there is no tuition reduction for Massachusetts students, 44.0% of freshmen receive some form of financial aid, with the average amount totaling $42,103. Students from low-income families receive an average of $53,694 in aid during their first year.

Cost (no aid)

Tuition and fees$54,144
+ Room and board$17,668
+ Other expenses$3,090
Total cost$74,902
Affordability Score (2 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$74,902
- Grants and scholarships$42,103
Net price$32,799
Affordability Score (16 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$74,902
- Grants and scholarships$53,694
Net price$21,208
Affordability Score (47 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Babson College.

Projected Costs Between $93,968 and $459,411 For a Four Year Degree. Between $45,619 and $222,873 For a Two Year Degree.

Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.

The overall cost for on-campus students to attend Babson College in 2020 - 2021 was $74,902. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.0% each year. If this trend continues, we expect the full cost for incoming freshmen to be $79,494 during their first year. By their senior year, that cost will be approximately $86,916 for a bachelor degree candidate ($81,895 for an associate degree candidate) for a total of $332,674 over the course of four years ($161,390 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Babson College

Cost With Interest

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.5%3.0%
Freshman year$22,478$33,148$79,494
Senior year$23,141$33,323$81,895
Total 2-year net price$45,619$66,471$161,390
10-year loan interest @ 6.8%$17,379$25,323$61,483
Total monthly payment$525$765$1,857
Total amount paid$62,998$91,794$222,873
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.5%3.0%
Freshman year$22,478$33,148$79,494
Senior year$24,526$33,677$86,916
Total 4-year net price$93,968$133,648$332,674
10-year loan interest @ 6.8%$35,798$50,915$126,737
Total monthly payment$1,081$1,538$3,828
Total amount paid$129,767$184,563$459,411

Visit net price and financial aid to learn more about the total cost of attending Babson College.

Further Questions to Consider

  • Do you know your deadlines?

    Meeting application deadlines for both the college and the FAFSA is crucial to getting financial aid.

  • When can you expect to begin receiving bills from the college?
  • Is there an option to make payments in monthly installments?

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