Babson College Awards Two Full-Tuition Scholarships to Lawrence High School Students

Continuing Babson’s commitment to deserving students in the Greater Boston Area

Babson Scholars Lawrence High School

Lawrence High School seniors Dario Guerrero and Alenny Acevedo offered full-tuition scholarships to Babson College during a surprise ceremony.

Babson College, the world leader in entrepreneurship education, is pleased to support the next generation of entrepreneurial leaders with its offer of two full-tuition scholarships to students attending Lawrence High School in Massachusetts.

The Diversity Leadership Awards—which cover full tuition for four years at Babson College—were presented during ceremonies at Lawrence High School on Thursday, March 16 at 9:30 a.m., 70-71 N Parish Rd, Lawrence, MA 01843.

“We are pleased to offer full-tuition scholarships to two very deserving students who we know will bring so much to the Babson College community,” said Babson College President Kerry Healey.  

“We look forward to welcoming these talented students to a campus that offers a one-of-a-kind, transformative learning experience to one of the most domestically and globally diverse student bodies in the nation,” said Undergraduate School Dean Ian Lapp.

President Healey and Dean Lapp presented the scholarships to the newest members of the Babson College Undergraduate Class of 2021, alongside Babson College Chief Administrative Officer and former Massachusetts School Building Authority Executive Director Katherine Craven, Babson College Vice President for Strategic Corporate Relations and Engagement and former Mayor of Lawrence Kevin Sullivan, Lawrence Mayor Dan Rivera, Lawrence Superintendent Jeff Riley, and Lawrence High School Headmaster Mike Fiato.

“We are excited to welcome members of the next generation of Lawrence innovators to the entrepreneurial experience of Babson College and look forward to their positive impact, not only on our community, but on the world at large, today and tomorrow,” said Babson Trustee and former New Hampshire Governor Craig Benson.

Babson College offers a wide variety of scholarships and financial assistance programs to area residents, including the four-year, full-tuition Diversity Leadership Awards. Babson this year increased accessibility to its undergraduate program when it waived the $75 application fee and offered an extension of the application deadline as a sign of the college’s commitment of support to students in the Boston Public School system.

Babson College is committed to providing the financial resources needed to support its students. The college awards $43 million in undergraduate aid—$36 million comes directly from Babson in grants and scholarships. Approximately 50 percent of Babson’s undergraduates receive financial assistance.  

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Babson students enjoy success in a variety of endeavors following the completion of their studies. Ninety-eight percent of the Class of 2016 of the Undergraduate School were employed or attended graduate school within six months of graduation. Eight percent of students started a business within six months of graduating. Graduates enjoy a starting career salary of $56,267 and alumni earn $1.5M more than average over a 40 year career, according to Payscale.com. Our scholarship recipients will join a network of 40,000 alumni across 114 countries.

Learn more about applying to Babson College »

About City of Lawrence

Located twenty-five miles north of Boston, Lawrence, Massachusetts is truly a city of immigrants and industry. Lawrence was built in the 1840's as the nation's first planned industrial city. Known as the "Immigrant City", Lawrence has always been a multi-ethnic and multicultural gateway city with a high percentage of foreign-born residents. The successive waves of immigrants coming to Lawrence to work in the mills began with the Irish, followed by the French Canadians, Englishmen, and Germans in the late 1800s. Around the turn of the century and early 1900s, Italians, Poles, Lithuanians, and Syrians began arriving. The wave of Puerto Ricans and Dominicans started in the mid to late 1900s, and the newest arrivals have originated from Vietnam and Cambodia. The current population of roughly 70,000 is largely Hispanic and has given a Latino slant to the local economy and culture.

About Babson College

Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds®. The top-ranked college for entrepreneurship education, Babson is a dynamic living and learning laboratory where students, faculty, and staff work together to address the real-world problems of business and society. We prepare the entrepreneurial leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to make a difference in the world, and have an impact on organizations of all sizes and types. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought & Action® ​as the most positive force on the planet for generating sustainable economic and social value.


By Michael Chmura, mchmura@babson.edu, (781) 239-4549 | 3/16/2017 12:00 PM