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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 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 fax or mail 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 email notification to have your noncustodial parent complete the Noncustodial PROFILE. This email will provide you with a password, which should be forwarded to your noncustodial parent. Using your CSS ID and that provided password, your noncustodial parent 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.
  • The FAFSA for the upcoming academic year is available this year on January 1st.
  • You must create a Federal Student Aid ID (FSA ID), made up of a username and password. Your FSA ID identifies you as someone who has the right to access your own personal information on the Department of Education websites, such as the FAFSA and Federal Student Aid sites. Parents of dependent students will also need to create their own FSA IDs in order to electronically sign the FAFSA. You can find more information about the FSA ID here​
  • Be sure to list Babson College (#002121).
  • If you file your FAFSA before you and your parent(s) file your federal tax return(s), you will be unable to use the IRS Data Retrieval Process at that time. When the federal tax return(s) are completed, 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 requests that all applicants use the IRS Data Retrieval Process. Once you file your tax return electronically, there is an approximately 2-week turnaround before the IRS information is available for retrieval. In order to meet the 2/15 FAFSA deadline, it is fine to submit the FAFSA before filing federal tax return(s), but you should go back and make the necessary corrections using the IRS Data Retrieval Process once you file your federal return(s). Learn more about the IRS Data Retrieval Process here​. ​

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 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
Early Action candidates
Regular Decision candidates
Transfer applicants for Fall
Transfer applicants for Spring