How much is the Babson tuition? For the academic year 2023-2024, Babson's tuition & fees is $56,032.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $78,336 when a student lives on-campus.
Babson Tuition & Expenses
| 2022-2023 Rate |
|---|
| Tuition & Fees | $56,032 |
|---|
| Books & Supplies Costs | $1,254 |
|---|
| On-campus Room & Board | $19,028 |
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| On-campus Expenses | $2,022 |
|---|
| Off-campus Room & Board | $19,028 |
|---|
| Off-campus Expenses | $2,022 |
|---|
| 2023-2024 Projection |
|---|
| Tuition & Fees | $54,944 |
|---|
How Much Does it Cost to Go to Babson for 4 Years?
For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $235,445 at Babson. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $328,907. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $205,398.
The following table computes the 4 years tuition and COA by class of year.
Average Tuition By School Type and Comparison
Compared to four-years schools nationwide, Babson' tuition is much higher than the average tuition of $20,937. Compared to private, four-years colleges in Massachusetts, its tuition is higher than the average tuition of $32,435.
| In-State | Out-of-State |
|---|
| Babson College | $56,032 |
|---|
| U.S. Four-years Colleges | $18,672 |
|---|
| Public Schools | $7,199 | $12,960 |
|---|
| Private Schools | $20,937 |
|---|
| Massachusetts Four-years Colleges | $28,605 |
|---|
| Public Schools | $10,313 | $16,276 |
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| Private Schools | $32,435 |
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Compare Similar School's Tuition
The next table compares the tuition & fees between Babson and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
Tuition Trends Over Past 10 Years
The undergraduate tuition & fees of Babson College has increased by 26.25% over the past 10 years from $43,520 to $56,032. The graduate tuition & fee has increased by 52.08% from $58,884 to $54,600.
The living costs increased by 4.22% last year and 31.86% over the past 10 years.
Financial Aid and COA
At Babson College, 1,690 students (66%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $29,393.
After receiving financial aid, the cost of attendance (COA) at Babson is $48,943 for students living on-campus and $48,943 for students living off-campus.
For beginning students (i.e. first-time freshmen), 458 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $30,513 and the average amount of student loans is $9,137.
The financial aid data is based on 2021-2022 statistics from IPEDS.
Admission Stats and Requirements to Apply
Babson's acceptance rate is 25.35%. A total of 7,104 applicants applied to and 1,801 students were accepted. Of the admitted students, 650 enrolled finally, and the yield (i.e. enrollment rate) is 36.09%.
To apply to Babson, 5 items are required - Secondary school GPA, Secondary school record, Completion of college-preparatory program, Recommendations and TOEFL (Test of English as a Foreign Language). SAT and ACT scores are considered during the admissions process but are not required to be submitted.
SAT and ACT Scores
The SAT and ACT scores are considered but not required to apply to Babson. The average SAT score of the enrolled first-time students is 1,405 and the average ACT score (ACT composite) is 32.
Its SAT score is much higher than the national average score of 1,168. The ACT score is much higher than the national average score of 24.
| Average | 25th | 75th |
|---|
| SAT Total | 1,405 | 1,330 | 1,480 |
|---|
| National Average | 1,168 | | |
|---|
| Massachusetts Average | 1,298 | | |
|---|
| SAT EBRW | 675 | 640 | 710 |
|---|
| SAT Math | 730 | 690 | 770 |
|---|
| ACT Composite | 32 | 30 | 33 |
|---|
| National Average | 24 | | |
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| Massachusetts Average | 30 | | |
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| ACT Math | 31 | 29 | 33 |
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| ACT English | 33 | 31 | 35 |
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Student Population
Babson College has a total of 3,989 students including 2,761 undergraduate and 1,228 graduate students. By gender, there are 2,109 male students and 1,575 female students attending Babson. The school offers online degree programs and 404 students enrolled online exclusively (10.13% of all students).
| Total | Male | Female |
|---|
| Total | 3,684 |
2,109 | 1,575 |
|---|
| Undergraduate | 2,576 |
1,465 | 1,111 |
|---|
| Graduate | 1,108 |
644 | 464 |
|---|
Directory & Academic Information
| Directory Information |
|---|
| Address | 231 Forest Street, Wellesley, MA |
|---|
| Phone | 781-235-1200 |
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| WEB | www.babson.edu |
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| Degree & Programs |
|---|
| Degree | Undergraduate, Graduate |
|---|
| Program Offered | 6 Programs |
|---|
| Online Program Offered | 1 Online Programs |
|---|
| Graduate Program Offered | 4 Graduate Programs |
|---|
| Academic Stats |
|---|
| Acceptance Rate | 22.35% |
|---|
| Yield | 38.59% |
|---|
| Student Population | 3,989 |
|---|
| Graduation Rate | 92% |
|---|
| Retention Rate | 95% |
|---|
| Students to Faculty Ratio Rate | 16 to 1 |
|---|
| Faculty & Staffs |
|---|
| Number of Faculties | 187 (Full-time), 60 (Part-time) |
|---|
| Number of Staffs | 803 (Full-time), 79 (Part-time) |
|---|
| Average Faculty Salary | $156,721 |
|---|
| Average Staff Salary | $90,557 |
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