Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $29,393 and the average loan amount is $5,043. The average financial aid amount is 52.46% of tuition & fees (tuition & fees: $56,032).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,690 66%$49,673,547$29,393
Pell Grants386 15%$2,018,802$5,230
Federal Students Loans731 28%$3,686,226$5,043

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 440 students have received one or more types of financial aid at Babson College.
The average amount of federal, state, local or institutional grant aid is $30,513 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,137.
The following table shows the financial data by type of aid at Babson College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid45270%--
Grant or scholarship aid440 68%$13,425,562$30,513
Federal Grants414 64%$1,141,821$2,758
Pell Grants112 17%$594,921$5,312
Other Federal Grants410 63%$546,900$1,334
State/Local Grants35 5%$101,900$2,911
Institutional Grants265 41%$12,181,841$45,969
Student Loans196 30%$1,790,832$9,137
Federal Student Loans187 29%$749,199$4,006
Other Student Loans39 6%$1,041,633$26,709