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Need-Based Scholarships

For Incoming and Returning Students

Wellesley and Needham Town Scholarships

  • Value: Varies based on need
  • Criteria: For students who are residents of Wellesley or Needham, Massachusetts
  • Apply: An additional application to the respective town’s Board of Selectman is required. For the Needham Town Scholarship, complete the application, found on the town website.

Canadian Scholarship

  • Value: Varies based on need
  • Criteria: Canadian citizens based on need, preference is given to full-time students who have attended McGill University
  • Apply: Apply by completing a College Scholarship Service PROFILE form online here

For Returning Students - One-Time Scholarships

The following scholarships are special need-based scholarships for full-time MBA students in the fall semester of their final year at Babson. Applicants are asked to detail their financial circumstances as well as their contributions to the Babson community. Priority will be given to students who are not already receiving a fellowship, scholarship, or grant through Babson. Each returning MBA student will be emailed an application by Student Financial Services in late August.

MBA Class of 2001 Scholarship

  • Value: Varies
  • Criteria: Awarded to a continuing student who has worked in a developing country or non-profit company
  • Note: Created by the MBA Class of 2001
  • Apply: One-time need-based scholarship application form

MBA Class of 2002 Scholarship

  • Value: Varies
  • Criteria: Awarded to a second year student experiencing financial difficulty
  • Note: Created by the MBA Class of 2002
  • Apply: One-time need-based scholarship application form

Donald M. Gally Scholarship

  • Value: Varies
  • Criteria: Awarded to students with financial need from the southern U.S. states
  • Note: Gift from the late Donald M. Gally '27
  • Apply: One-time need-based scholarship application form

Elizabeth Little Bodman Scholarship

  • Value: Varies
  • Criteria: Designed to provide assistance to graduate Babson women who are furthering their education mid-career
  • Note: In memory of former Babson trustee Elizabeth L. Bodman
  • Apply: One-time need-based scholarship application form

European Students Endowed Scholarship

  • Value: Varies
  • Criteria: Awarded to a European student with financial need
  • Apply: One-time need-based scholarship application form

Student Leadership Scholarship

  • Value: Varies
  • Criteria: Awarded to an international MBA student with financial need
  • Note: This GSC-sponsored scholarship is given to a full-time student who has demonstrated leadership in graduate school activities that strengthen community and enhance the lives of graduate students
  • Apply: One-time need-based scholarship application form 

Wertheimer International Scholarship

  • Value: Varies
  • Criteria: Awarded to an international MBA student with financial need
  • Note: In memory of Robert G. Wertheimer, former professor of economics at Babson
  • Apply: One-time need-based scholarship application form