Cost & financial aid brief
Babson College Tuition, Costs & Financial Aid
How much does Babson College cost after financial aid?
Aid covers about 49% of the published cost for the average aid recipient, but the discount is concentrated at lower incomes. The lowest three bands see average net prices below the sticker price, while the top two bands pay far more.
In its 2024-25 Common Data Set, the university reported that for the 2024-25 academic year, first-year students determined to have need received an average need-based grant of $51,791. The average total aid package was $55,844, and the average share of need met was 100%.
Of the 625 first-year students in the cohort, 215 were determined to have need, and all 215 had that need fully met. Among students without need, 27 received merit awards averaging $27,174.
The published cost of attendance at Babson College is $80,192. Azimuth ranks the university #1,315 for affordability among nonprofit four-year institutions.
After grants and scholarships, the average net price for aid recipients from families earning under $30,000 is $23,641, for those earning $48,001 to $75,000 it is $16,861, and for those earning over $110,000 it is $80,192. The spread between the lowest and highest bands is $56,551.
Aid covers about 49% of the published cost for the average aid recipient. The across all aid recipients is $40,514, which is $13,143 above the $27,371 median for comparable institutions (same type and size).
Borrowers who complete a degree carry a median of $20,000 in federal student loans. That is $4,199 below the $24,199 median for comparable institutions.
91.7% of federal aid recipients take federal loans. Parents who borrow hold a separate median of $41,699 in Parent PLUS loans.
If repaid over ten years, the median federal student debt corresponds to an estimated payment of $227 a month.
Student loans: what does repayment look like?
Four years after completing a degree, federally aided graduates of Babson College who are working and not enrolled earn a median of $117,794. That figure is $49,544 above the $68,250 median for comparable institutions (same type and size), and it places the university at the 99th percentile among nonprofit four-year institutions.
On the debt side, the median federal student loan balance at completion is $20,000, which is $4,199 below the peer median. That debt corresponds to an estimated payment of $227 a month if repaid over ten years.
For the separate population of parent borrowers, median Parent PLUS borrowing is $41,699. For student borrowers, that debt corresponds to an estimated payment of $227 a month if repaid over ten years.
Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.
Parent loans: what can the family afford?
How Parent PLUS borrowing affects families
- Median Parent PLUS debt
- $41,699
- Estimated parent payment
- $530/mo
| Household income | Share of income above basic expenses | Risk level |
|---|---|---|
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 31.2% | High pressure |
| $100,000 | 14.0% | High pressure |
| $150,000 | 6.7% | Caution |
| $200,000 | 4.4% | Safe |
The 10-year payment on the median Parent PLUS balance, as a share of household income above basic expenses ($54,640 a year: 200% of the 2026 federal poverty guideline for a household of three). No room is High pressure. Open the parent tool for your own numbers. Read the assumptions and limits.
Student and parent loans: the monthly payments
Financial GPS
What does repayment look like?
- Institution median student debt
- $20,000
- Institution Parent PLUS debt
- $41,699
Federal loans only; private or institutional loans aren’t included.
- Estimated student payment · monthly
- $227/mo
- Estimated Parent PLUS payment · monthly
- $530/mo
- Modeled student + parent payments
- $757/mo
Payments use school-wide median balances, not a specific major’s.
Student payment as a share of available income
At median graduate earnings of $117,794, with a $23,940 annual allowance for basic expenses:
2.9% of income above the allowance · Excellent
- Excellent Under 8% · selected scenario
- Good 8–under 12%
- Concerning 12–20%
- High risk Over 20%
How this estimate works
These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $23,940, uses the published framework’s 2026 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.
Payment assumptions
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.
Data & methodology
Sources and reporting periods: methodology.
Analysis and methodology by Daniel Rogers, founder of College Azimuth.
Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.
Figure notes link to sources and limitations. About College Azimuth.
Net price and borrowing. The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. College Scorecard data and documentation.
A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.