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Babson College Financial Aid and Scholarship Details

45% Freshmen Get Financial Aid
$45,847 Average Grant & Scholarship
42% Undergrads Get Grant Aid

A lot of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Babson College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

Just what financing solutions does Babson College provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover what amount of financial assistance could be accessible to you.

Understanding Babson College Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Babson College.

What First Years Receive at Babson College

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

At Babson College, 45% of first-time, full-time freshmen received some form of financial aid approximately 282 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)39%$48,173
Institutional grants & scholarships39%$45,336
Federal Pell grants15%$6,064
State/local grants6%$2,961
Federal student loans24%$3,929

Grant Aid for Undergraduates at Babson College

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Babson College, approximately 42% of undergrads got grants or scholarships worth on average $45,847 (covering around 1164 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)42%$45,847
Federal Pell grants16%$5,936
Federal student loans27%$4,981

Title-IV recipients living on campus saw average grant aid of $39,678.

Net Price by Family Income at Babson College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$18,176
$30,001 – $75,000$18,756
Over $75,000$53,719

The numbers above are post-aid net prices, so they already account for grants and scholarships.

The Real Cost of Attending Babson College

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$40,514
Off-campus title-IV students$38,876

For an estimate tailored to your family circumstances, see Babson College’s NPC: npc.collegeboard.org/app/babson.

What Students Owe at Babson College

The median student at Babson College graduates with $19,000 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$19,000
Median federal debt (graduates only)$20,000
Typical 10-year monthly payment (graduates)$212.03/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

The Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Babson College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$7,250
25th percentile$15,853
75th percentile$27,000
90th percentile (highest-debt students)$31,000

How Debt Outcomes Vary by Student Group at Babson College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$16,250
Middle income$19,000
High income$19,250

First-Generation Comparison

CohortMedian federal debt
First-generation students$19,000
Continuing-generation students$19,000

Summary Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Babson College.

Stafford Loan Activity at Babson College

Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Babson College:

MetricValue
Stafford loan recipients4932
Total Stafford loan amount$110,470,914

GI Bill and DoD Benefits at Babson College

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients26
Total GI Bill amount$646,932
Average GI Bill amount per recipient$24,882

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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