Overview
Babson College, located in Wellesley, Massachusetts, is known for its focus on entrepreneurship and business education. Babson offers a unique curriculum that integrates business fundamentals with hands-on experience, including the renowned Entrepreneurial Thought & Action program.
There are currently 2,696 undergraduates at Babson and the school’s acceptance rate is 20%. The tuition at Babson is $56,032.
University
Suburb
SupplementalEssay
Scholarships & Financial Aid
$80,192
$41,316
$38,876
Cost Breakdown
Estimated Cost:
$80,192The sticker price at Babson is $80,192. This includes the cost of tuition and fees, room and board, books and supplies, and other miscellaneous expenses.
The cost of attendance can vary from year to year and will typically rise over your four years in college. That said, colleges will recalculate your financial aid every year to take price increases and changes in your financial situation into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at Babson would look like for you, try entering your financial information into their Net Price Calculator.
Babson College Financial Aid
To apply for financial aid at Babson you’ll need to submit the Free Application for Federal Student Aid (FAFSA) as well as the CSS Profile.
The FAFSA and CSS Profile use financial information from the prior, prior year. That means you can submit the forms even if you or your parents haven’t filed last year’s taxes.
The FAFSA code for Babson is 002121 and the CSS Profile Code is 3075.
The FAFSA is completely free, while the CSS Profile charges a fee for each college you send it to. If you have demonstrated financial need, you may qualify for a CSS Profile fee waiver.
If you are looking for more information on how to complete the FAFSA or the CSS Profile, check out these resources:
Using State Grants at Babson
Massachusetts residents who are considering Babson should be sure to look into state grants to help fund your education. Massachusetts has a wide variety of programs, including the need-based tuition waiver program, the MASSGrant, the Massachusetts Gilbert Matching Student Grant Program, and MCAS Scholarships. The John and Abigail Adams Scholarship, which is for students who performed well on the MCAS, offers a tuition waiver for up to eight semesters of public school.
Apply to these scholarships due soon
See more Massachusetts scholarshipsPell Grants at Babson College
15% of students at Babson College receive Pell Grants.
The federal government awards Pell Grants to undergraduate students who demonstrate financial need by filling out the FAFSA. Students with a bachelor’s or professional degree are not eligible. Pell Grants do not be repaid. If you receive a Pell Grant, the award amount should remain consistent at any college you gain admission to. You can learn more about Pell Grant eligibility here.
Outside Scholarships
Students can use outside scholarships to supplement their financial aid package at Babson. Outside scholarships are awards offered by private and non-profit organizations separate from their college. To browse vetted, reliable outside scholarships, check out our popular lists:
Babson College Financial Aid Resources
For more information about financial aid at Babson, or for questions that are specific to your financial situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
- Website: https://www.babson.edu/tuition-and-financial-aid/
- Email: [email protected]
- Phone: 781-239-4219
Admissions
20%
32
1380
Does Babson have a supplemental essay?
Yes, Babson College includes a supplemental essay in their application. Luckily, Scholarships360 has a free guide to help you answer Babson's essay prompt and stand out in the application process.
Babson Supplemental Essay Guide
Is Babson test-optional?
Babson College is test-optional, which means that applicants are permitted, but not required, to submit their standardized test scores. If you choose not to submit your scores, admissions officers will weigh your grades, extracurriculars, essays, and interviews more heavily. If you aren’t sure whether to submit your standardized test scores, Scholarships360’s guide on whether to submit your test scores to test-optional schools can help.
What is the application deadline at Babson?
Early Action
Early Decision I
Early Decision II
Regular Decision
Academics
Student/Faculty Ratio
16:1
Graduation Rate
92%
Student Body
Undergraduate Students
2,696
Pell Grant 14%
Undergrad Students Over 25 0%
Part-Time Undergrad Students 0%
Percent Male / Female 57% / 43%
Ethnic Diversity at Babson
30% White
29% International / Non-Citizen
17% Hispanic
13% Asian / Pacific Islander
5% Black
4% Unknown
3% Multiracial
Student Outcomes
Graduate Income
$123,938
Median Debt $20,000
Debt 10 years after graduation $212
Graduation Rate 92%
What is the graduation rate at Babson College?
92% of students who start at Babson College finish their degree within six years of enrolling. This is 34% more than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of Babson College go on to earn?
The median income of students 10 years after starting at Babson College is $123,938. This is $73,547 more than the national median.
This data is from the College Scorecard, which only surveys students from Babson College who received federal financial aid.
Graduate earnings can vary widely based on many factors other than school choice. Major and career path are two important factors in how much a student goes on to earn. For more information, check out Scholarships360’s article on the average starting salary out of college.
How much do students at Babson take out in loans?
Graduates of Babson take out a median of $20,000 in federal student loans. As you make decisions about your college loans, be sure to inform yourself on the advantages and disadvantages of each loan option. Scholarships360’s guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
If you represent Babson College and would like to make any corrections or supplement your college profile with additional information, you can fill out our free Premium Profile questionnaire here.
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