Contact for Financial Aid
| Melissa J. Shaak Director, Student Financial Services | |
| Address: | |
| Phone: | (781)239-4219 |
| Toll-Free: | (800)488-3696 |
| Fax: | (781)239-5510 |
| E-mail: | |
| URL: | |
Financial Aid & Scholarships
Financial Aid Options
| Institutional Payment Plan | Yes |
| Scholarships | Yes |
| Loans | Yes |
| Grants | Yes |
| Need-based Scholarships or Grants | Yes |
| Merit Scholarships | Yes |
| Federal Student Loans | Yes |
| Athletic Scholarships | -- |
| Federal Family Loans | -- |
| Other Loans | -- |
Important Financial Aid Dates
| Priority Date | -- |
| Deadline Date | -- |
| Student Notification Date | -- |
Required Forms
| FAFSA | Yes |
| State | -- |
| Institutional Form | -- |
| Non-custodial Profile | -- |
| CSS Profile | Yes |
| Business/Farm Supplement | -- |
| Other Forms | -- |
Who is Receiving Financial Aid?
| First-Year | Transfer | Graduate | International | |
|---|---|---|---|---|
| % Receiving Need-based Aid | 40% | 37% | -- | -- |
| Average Need-based Amount | $37,901 | $37,287 | -- | -- |
| % Receiving Merit-based Aid | -- | -- | -- | -- |
| Average Merit-based Amount | -- | -- | -- | -- |
| % Receiving Self-help Aid | -- | -- | -- | -- |
| Average Self-help Amount | -- | -- | -- | -- |
Scholarships Offered
| - Arthur M. Blank Scholarships | |
|---|---|
| Description | Four-year scholarships valued at $7,000 per year, awarded on the basis of entrepreneurial potential. Named after Babson alum, Arthur M. Blank, co-founder of Home Depot and owner of the Atlanta Falcons. To be considered, applicants must submit an additional 500-word essay on their interest in entrepreneurship. |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 3 |
| Number of Years | 0 |
| Basis | Need |
| Low Amount | $7,000 |
| High Amount | $7,000 |
| - Babson Grants | |
|---|---|
| Description | Babson offers generous, need-based grants and commits to funding them for four years, provided no major changes in a family's financial circumstances. The amount of grant is based on the level of each student's financial need. The average among all recipients is $20,000 per year. Students are eligible for a merit step of $1,000 each year after a cumulative GPA of 3.2 is achieved. |
| Eligibility | Renewable, Undergraduate |
| Type | Grant |
| Number per Year | 0 |
| Number of Years | 0 |
| Basis | Need |
| Low Amount | $1 |
| High Amount | $40,000 |
| - Diversity Leadership Awards | |
|---|---|
| Description | Merit/need-based awards at either half or full-tuition, respectively, awarded to incoming students who demonstrate the greatest potential for leadership in creating a diverse Babson community. No separate application required. |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 18 |
| Number of Years | 4 |
| Basis | Need |
| Low Amount | -- |
| High Amount | $41,888 |
| - Presidential Scholarships | |
|---|---|
| Description | Merit awards at one-half tuition each year, Presidential Scholarships are awarded on the basis of a student's academic accomplishments, intellectual gifts, and leadership in co-curricular activities. No separate application required. |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 25 |
| Number of Years | 4 |
| Basis | Academic |
| Low Amount | $18,048 |
| High Amount | $18,048 |
| - Sorenson Arts Scholarships | |
|---|---|
| Description | Four-year scholarships valued at $5,000 per year, awarded on the basis of artistic ability. If you wish to be considered, submit an additional 500-word essay about how you might combine management education with your artistic pursuits. |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | -- |
| Number of Years | 4 |
| Basis | Skill |
| Low Amount | $5,000 |
| High Amount | $5,000 |
| - Weissman Scholarships | |
|---|---|
| Description | Full-tuition merit scholarships plus monetary support for research, stipends for travel, and seed money to start a venture of pursue a global service project. For more information and to complete the required application for consideration, go to: www.babson.edu/weissman |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 5 |
| Number of Years | 4 |
| Basis | Academic |
| Low Amount | $41,888 |
| High Amount | $41,888 |
| - Women's Leadership Awards | |
|---|---|
| Description | Merit awards at one-quarter tuition each year. The Women's Leadership Program includes special mentoring and networking activities, and opportunities for leadership development. No separate application required. |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 20 |
| Number of Years | 4 |
| Basis | -- |
| Low Amount | $9,024 |
| High Amount | $9,024 |
| Canadian Scholarship | |
|---|---|
| Description | Scholarship programs have been established by Babson alumni, outside agencies, and the College. Awards are made to students who demonstrate financial need. This award is for Canadian citizens. Preference is given to students who have attended McGill University. |
| Eligibility | Undergraduate |
| Type | Scholarship |
| Number per Year | 0 |
| Number of Years | 0 |
| Basis | Need |
| Low Amount | $500 |
| High Amount | $1,500 |
| Elizabeth Little Bodman Scholarship | |
|---|---|
| Description | Scholarship programs have been established by Babson alumni, outside agencies, and the College. Awards are made to students who demonstrate financial need. Women attending Babson in mid-career are eligible for this award. |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 4 |
| Number of Years | 0 |
| Basis | Need |
| Low Amount | $500 |
| High Amount | $5,000 |
| Enrico Dallas Scholarship | |
|---|---|
| Description | -- |
| Eligibility | Renewable, Undergraduate |
| Type | -- |
| Number per Year | 6 |
| Number of Years | 17 |
| Basis | -- |
| Low Amount | -- |
| High Amount | $41,888 |
| Fund for Babson Scholarship | |
|---|---|
| Description | -- |
| Eligibility | Undergraduate |
| Type | Scholarship |
| Number per Year | -- |
| Number of Years | -- |
| Basis | Need |
| Low Amount | -- |
| High Amount | -- |
| George I. Alden Scholarship | |
|---|---|
| Description | Scholarship programs have been established by Babson alumni, outside agencies, and the College. Awards are made to students who demonstrate financial need. This money is available to students who transfer from a Massachusetts community college. |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 4 |
| Number of Years | 0 |
| Basis | Need |
| Low Amount | $500 |
| High Amount | $10,000 |
| Gilbert Grant | |
|---|---|
| Description | -- |
| Eligibility | Undergraduate |
| Type | Grant |
| Number per Year | -- |
| Number of Years | -- |
| Basis | Need |
| Low Amount | -- |
| High Amount | $2,000 |
| Needham Town Scholarship | |
|---|---|
| Description | Scholarship programs have been established by Babson alumni, outside agencies, and the College. Awards are made to students who demonstrate financial need. This scholarship is for residents of Needham, Massachusetts. Apply at Needham Town Hall. |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 5 |
| Number of Years | 0 |
| Basis | Need |
| Low Amount | $2,000 |
| High Amount | $7,000 |
| NFTE Scholarship | |
|---|---|
| Description | -- |
| Eligibility | Undergraduate |
| Type | Scholarship |
| Number per Year | -- |
| Number of Years | -- |
| Basis | Need |
| Low Amount | -- |
| High Amount | $41,888 |
| Posse New York Scholarship | |
|---|---|
| Description | -- |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 10 |
| Number of Years | -- |
| Basis | Academic |
| Low Amount | -- |
| High Amount | $41,888 |
| Scholarships | |
|---|---|
| Description | Please contact Student Financial Services for more information about specific scholarships for Babson. We have many need and merit based scholarships, but they can vary from year to year. Student Financial Services can be contacted at (781)239-4219 or at sfs@babson.edu. |
| Eligibility | -- |
| Type | -- |
| Number per Year | -- |
| Number of Years | -- |
| Basis | -- |
| Low Amount | -- |
| High Amount | -- |
| Wellesley Town Scholarship | |
|---|---|
| Description | Scholarship programs have been established by Babson alumni, outside agencies, and the College. Awards are made to students who demonstrate financial need. This award is for residents of Wellesley, Massachusetts. Apply at the Wellesley Town Hall. |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | 5 |
| Number of Years | 0 |
| Basis | Need |
| Low Amount | $500 |
| High Amount | $5,000 |
| Yellow Ribbon Scholarship | |
|---|---|
| Description | -- |
| Eligibility | Renewable, Undergraduate |
| Type | Scholarship |
| Number per Year | -- |
| Number of Years | -- |
| Basis | Skill |
| Low Amount | -- |
| High Amount | $10,000 |
Contact for Financial Aid
| Name | Melissa J. Shaak |
| Title | Director, Student Financial Services |
| Job Description | -- |
| Address | |
| Phone | (781)239-4219 |
| Toll-Free | (800)488-3696 |
| Fax | (781)239-5510 |
| URL |
Percentage of Students Receiving Financial Aid
Average Financial Aid Provided
(compared to in-state tuition of $40,400 and out-of-state tuition of $40,400)
» Counselors