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Incoming Student Application Procedures

Incoming students should follow these steps to apply for financial aid.

Be sure to meet Babson’s deadlines in order to receive full consideration for financial aid.

STEP 1 – Complete the CSS PROFILE at www.collegeboard.org/profile to apply for Babson's need-based grants and scholarships.  Babson's CSS Profile deadline is 12/1 for Early Decision and Early Action candidates and 2/15 for Regular Decision candidates.

  • Be sure to include Babson College (#3075) on your list of schools.
  • For students whose parents are self-employed or own a business or farm: You will be asked about the income, expenses, assets, and liabilities of your business. Please also send a copy of the most recent year's business tax return to Student Financial Services at Babson.
  • For students whose parents are separated or divorced: You will receive an e-mail notification to complete the Noncustodial PROFILE. You will be provided with a secure logon and password, which should be forwarded to your noncustodial parent who should complete the form online.

STEP 2 – Complete the FAFSA by 2/15.

  • Citizens and permanent residents of the U.S. must complete the Free Application for Federal Student Aid (FAFSA) to apply for federal aid.
  • Apply for and receive a PIN to electronically sign your FAFSA (both parent and student).  Please keep a record of the student and parent PIN for future use.
  • Be sure to list Babson College (#002121).
  • If your FAFSA was filed before you and your parent(s) filed your federal tax return(s) and you were unable to use the IRS Data Retrieval Process, go back to your FAFSA and make corrections using IRS Data Retrieval Process
A Note on the IRS Data Retrieval Process

The IRS Data Retrieval Process allows parents and students to transfer their completed U.S. federal tax return data directly from the Internal Revenue Service (IRS) to the FAFSA.  Babson College is requesting that all applicants use the IRS Data Retrieval Process.  Once you file your tax return electronically, there is approximately a 2 week turnaround before the IRS information is available for retrieval.  In order to meet the 2/15 deadline, it is fine to submit the FAFSA but you should go back and make the necessary corrections using the IRS Data Retrieval Process once your federal return is filed.

STEP 3 – Review the list of scholarships at Babson that have additional application requirements and decide if you wish to apply.

STEP 4 – In order to finalize your financial aid package, submit all verification documents to the College Board’s Institutional Documentation Service (IDOC) as soon as possible, but not later than 4/1.

The following documents must be submitted with an IDOC cover sheet, which will be emailed to you by the College Board. For a duplicate Cover Sheet, go to http://idoc.collegeboard.com or call (305) 829-9793.

Incoming Undergraduate Financial Aid Application Deadlines​ ​ ​ ​
 
Filing CSS PROFILE online
Filing FAFSA online
Notification of financial aid decision
Early Decision candidates
12/1
2/15
12/15
Early Action candidates
12/1
2/15
1/1
Regular Decision candidates
2/15
2/15
4/1
Transfer applicants for Fall
4/10
4/10
5/15
Transfer applicants for Spring
11/15
11/15
12/1