Applying For Financial Aid
Applying For Financial Aid
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Email
sfs@babson.edu
Net Price Calculator
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Application Process
Application Deadline
January 2
Award Notification
On or about April 1
High School Program
College preparatory program is required
Methodology For Awarding Institutional Aid
Federal and Institutional Methodologies
Forms Required Cost
FAFSA Code is 002121 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Noncustodial (Divorced/Separated) Parent's Statement Free
Profile of 2023-24 Financial Aid
Profile of 2023-24 Financial Aid
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Freshman
Financial Aid Applicants
306 (48.9%) of freshmen
Found to Have Financial Need
227 (74.2%) of applicants
Received Financial Aid
227 (100.0%) of applicants with financial need
Need Fully Met
227 (100.0%) of aid recipients
Average Percent of Need Met
100%
Average Award
$50,275
Need-Based Gift
Received by 214 (94.3%) of aid recipients, average amount $43,355
Need-Based Self-Help
Received by 188 (82.8%) of aid recipients, average amount $4,192
Merit-Based Gift
Received by 21 (9.3%) of aid recipients
25 (4.0%) of freshmen had no financial need and received merit aid, average amount $31,018
All Undergraduates
Financial Aid Applicants
1,228 (45.5%) of undergraduates
Found to Have Financial Need
1,053 (85.8%) of applicants
Received Financial Aid
1,049 (99.6%) of applicants with financial need
Need Fully Met
1,007 (96.0%) of aid recipients
Average Percent of Need Met
96%
Average Award
$50,972
Need-Based Gift
Received by 1,011 (96.4%) of aid recipients, average amount $48,147
Need-Based Self-Help
Received by 816 (77.8%) of aid recipients, average amount $5,654
Merit-Based Gift
Received by 152 (14.5%) of aid recipients
122 (4.5%) of undergraduates had no financial need and received merit aid, average amount $25,094
All Undergraduates
2024 Graduates Who Took Out Loans
37%
Average Indebtedness of 2024 Graduates
$41,002
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
State Loans
Available
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
Special achievements/ activities
Non-Need Awards
Academic Interest/Achievement Award Areas
Business
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Not reported
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Leadership
Number of Awards
77
Special Characteristics Award Areas
Veterans
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
$2,073
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2023-24 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2024 Peterson's LLC. All rights reserved.