Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $45,359 and the average loan amount is $5,085. The average financial aid amount is 80.95% of tuition & fees (tuition & fees: $56,032).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,081 39%$49,032,593$45,359
Pell Grants393 14%$2,238,528$5,696
Federal Students Loans718 26%$3,650,982$5,085

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), 237 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 $47,028 and the average amount of student loans awarded to full-time first-time undergraduate students is $10,824.
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 Aid28143%--
Grant or scholarship aid237 36%$11,145,655$47,028
Federal Grants90 14%$551,128$6,124
Pell Grants90 14%$476,128$5,290
Other Federal Grants42 6%$75,000$1,786
State/Local Grants15 2%$57,500$3,833
Institutional Grants233 36%$10,537,027$45,223
Student Loans188 29%$2,034,858$10,824
Federal Student Loans175 27%$723,138$4,132
Other Student Loans43 7%$1,311,720$30,505