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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Babson College since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,115, which is 49.27 % of all undergraduate students. 751 students which is 33.64% of undergraduate students received federal student loans and the average loan amount is $6,211.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12971 (48%)$28,569330 (16%)$4,393777 (39%)$7,001
2012-13971 (48%)$29,942325 (16%)$4,385753 (37%)$7,194
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
Average1,115 (49.27%)$33,843335 (14.73%)$4,721751 (33.64%)$6,211

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 263 (47.73 % of students) received grants or scholarships and its average amount is $36,387. It can cover 64.94% of tuition & fees ($56,032).
In addition, 190 (34.91 % of students) students get helped from the students loans (average amount : $8,431).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12226 (46%)$29,856182 (37%)$6,774
2012-13212 (45%)$33,409177 (38%)$7,968
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
Average263 (47.73%)$36,387190 (34.91%)$8,431
*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 12 years, on average, 83 (15.36 % of students) received Pell (federal) grants and its average amount is $4,743.
In addition, 27 students received State/local government grants/scholarships (4.73 % 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
2011-1277 (16%)$4,59061 (13%)$1,00819 (4%)$2,525223 (46%)$28,182
2012-1385 (18%)$4,39762 (13%)$99431 (7%)$2,070209 (44%)$31,498
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
Average83 (15.36%)$4,743107 (18.45%)$1,06127 (4.73%)$2,500243 (44.64%)$36,489
*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 12 years, on average, 190 (34.91 % of students) get any students loan help and its average loan amount is $190.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12182 (37%)$6,774177 (36%)$5,42621 (4%)$12,967
2012-13177 (38%)$7,968174 (37%)$5,37131 (7%)$15,345
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
Average190 (34.91%)$8,431183 (33.73%)$4,68135 (6.36%)$20,486

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