Costs
The sticker price at Babson is $77,248. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
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.
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Babson College Financial Aid
Students who are applying for financial aid at Babson need to submit both the Free Application for Federal Student Aid (or FAFSA), as well as the CSS Profile.
The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Babson is 002121 and the CSS Profile Code is 3075.
It should be noted that while the FAFSA is free, the CSS Profile does require an application fee. However, students can qualify for a CSS Profile application fee waiver if the cost will present a financial hardship for the students’ family.
If you are looking for more information on how to complete the FAFSA or the CSS Profile, check out these resources:
Babson College’s 100% Need-Met Guarantee
Babson has committed to meeting 100% of applicants’ financial needs. They determine your financial need using the FAFSA and/or CSS Profile, and will ensure that your financial aid package covers any costs you cannot pay.
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Pell Grants at Babson College
18% of students at Babson College receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Babson College.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Babson students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources:
Babson College Financial Aid Resources
If you are looking for more information about financial aid and scholarships at Babson or have questions that are specific to your personal 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