by our College Data Analytics TeamFinancial aid, such as loans, grants, work-study, and scholarships is the way schools minimize the price of attendance so most students can enroll.
Just how much financial assistance will actually be accessible to you? Find answers to your questions here.
$51,187 is the usual Babson College's freshman financial aid deal. About 44.0% of freshman students obtain financial aid, most of which is in the form of scholarships and grants.
Financial aid helps decrease the expense, or the "sticker" price of the college. However, be aware that the only true discounts off the cost of college are in the form of grants and scholarships.
Student debt should be viewed as an "outcome" instead of "aid". Read more on student loan debt at Babson College.
The next numbers refer to grants and scholarships primarily provided by the school itself.
43.0% of incoming freshmen (234 total) were given scholarships at Babson College, averaging $40,923 per student. This ranks in the top 20th percentile of all colleges in the country.
66 first years were awarded a grant. About 12.0% of Babson College freshmen received grants with an average of $5,477 per person.
The graph below shows the typical amount of scholarship and grant aid distributed to all first year students.
Grants are usually need-based while scholarships are merit-based.
Learn how much scholarship and grant assistance you may plan to be given according to your earnings. The table below displays freshmen receiving Title IV aid such as PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 5.9% | $53,694 |
| Income 30k-48k | 3.9% | $52,432 |
| Income 48k-75k | 5.2% | $50,894 |
| Income 75k-110k | 8.2% | $38,694 |
| Income 110k + | 19.1% | $21,559 |
The chart above displays students who are receiving Title IV aid which is federal assistance from the government in the form of loans, grants or work-study. Learn more.
Of the 2,361 undergraduate students at Babson College about 46.0% (1,079 in total) get some kind of grant aid. The typical amount granted was $38,255.
Go to the Tuition and Fees page or the Cost Per Credit Hour page to learn more.
| Financial Aid Department Website | www.babson.edu/admission/tuition-and-financial-aid/ |
| Net Price Calculator | npc.collegeboard.org/student/app/babson |
