Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,147, which is 49.56 % of all undergraduate students. 748 students which is 32.67% of undergraduate students received federal student loans and the average loan amount is $6,014.

For full-time, first-time beginning students (freshmen), 48.22% of students received grants or scholarships and 34% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Babson College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,147, which is 49.56 % of all undergraduate students. 748 students which is 32.67% of undergraduate students received federal student loans and the average loan amount is $6,014.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,036 (49%)$31,518360 (17%)$4,514785 (37%)$7,001
2014-151,016 (48%)$32,770343 (16%)$4,559764 (36%)$6,832
2015-161,049 (49%)$34,363330 (15%)$4,565784 (37%)$6,562
2016-171,062 (47%)$35,289326 (14%)$4,351797 (35%)$6,428
2017-181,080 (46%)$36,503335 (14%)$4,732764 (33%)$6,185
2018-191,079 (46%)$38,255303 (13%)$4,850733 (31%)$5,730
2019-201,029 (43%)$37,832287 (12%)$5,119674 (28%)$5,291
2020-211,280 (52%)$37,841356 (14%)$5,231702 (29%)$5,050
2021-221,690 (66%)$29,393386 (15%)$5,230731 (28%)$5,043
Average1,147 (49.56%)$34,863336 (14.44%)$4,795748 (32.67%)$6,014
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 273 (48.22 % of students) received grants or scholarships and its average amount is $37,444. It can cover 66.83% of tuition & fees ($56,032).

In addition, 192 (34.33 % of students) students get helped from the students loans (average amount : $8,667).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14239 (49%)$33,057187 (38%)$7,500
2014-15234 (46%)$34,843187 (37%)$8,013
2015-16252 (48%)$37,159206 (39%)$8,033
2016-17243 (41%)$36,717200 (34%)$9,030
2017-18239 (43%)$38,895170 (31%)$7,077
2018-19237 (44%)$42,103176 (33%)$9,084
2019-20269 (45%)$40,819209 (35%)$10,541
2020-21304 (50%)$42,890195 (32%)$9,585
2021-22440 (68%)$30,513196 (30%)$9,137
Average273 (48.22%)$37,444192 (34.33%)$8,667
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 84 (15.00 % of students) received Pell (federal) grants and its average amount is $4,799.

In addition, 27 students received State/local government grants/scholarships (4.56 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1480 (16%)$4,68451 (10%)$99017 (3%)$2,521233 (48%)$31,899
2014-1585 (17%)$4,47134 (7%)$1,00027 (5%)$2,104233 (46%)$32,972
2015-1674 (14%)$4,38666 (13%)$1,00034 (6%)$2,222252 (48%)$35,309
2016-1769 (12%)$4,21446 (8%)$1,00035 (6%)$2,418240 (41%)$35,420
2017-1875 (14%)$5,08959 (11%)$1,00017 (3%)$2,821237 (43%)$37,162
2018-1966 (12%)$4,56860 (11%)$1,00017 (3%)$2,416234 (43%)$40,923
2019-2083 (14%)$5,28472 (12%)$1,00036 (6%)$2,360265 (44%)$39,188
2020-21112 (19%)$5,180254 (42%)$1,34324 (4%)$3,137281 (47%)$42,854
2021-22112 (17%)$5,312410 (63%)$1,33435 (5%)$2,911265 (41%)$45,969
Average84 (15.00%)$4,799117 (19.67%)$1,07427 (4.56%)$2,546249 (44.56%)$37,966
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 192 (34.33 % of students) get any students loan help and its average loan amount is $192.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14187 (38%)$7,500186 (38%)$5,34726 (5%)$15,689
2014-15187 (37%)$8,013182 (36%)$5,31631 (6%)$17,125
2015-16206 (39%)$8,033201 (38%)$5,00334 (6%)$19,090
2016-17200 (34%)$9,030191 (32%)$4,91845 (8%)$19,257
2017-18170 (31%)$7,077165 (30%)$4,16424 (4%)$21,506
2018-19176 (33%)$9,084170 (32%)$4,07936 (7%)$25,148
2019-20209 (35%)$10,541200 (33%)$3,96651 (9%)$27,643
2020-21195 (32%)$9,585180 (30%)$3,89247 (8%)$24,863
2021-22196 (30%)$9,137187 (29%)$4,00639 (6%)$26,709
Average192 (34.33%)$8,667185 (33.11%)$4,52137 (6.56%)$21,892

Ratings & Review

Share your experiences and thoughts about Babson College. It will be a great help to applicants and prospective students!