Need Based Grants & Scholarships|Grants & Scholarship

Value: Award amount based on each student's financial need, as determined by a standard need-analysis methodology. Award amount is committed for four years, provided there are no major changes in a family's financial circumstances or the student's enrollment status.
Criteria: Need based
Notes: We will re-evaluate the Babson Grant amount after the first year only if there is a major change in the family’s circumstances, including a change in the number of the student's siblings in undergraduate college. Students who receive the Babson Grant are eligible for a Merit Step of $1,000 in each year after a cumulative GPA of 3.2 or better is achieved. See the Four Year Examples.
Apply: Awards based on financial aid application

Value: $7,000/year for 4 years
Criteria: Awarded to incoming students on the basis of entrepreneurial potential, academic achievement, and financial need.
Apply: In addition to applying for financial aid, submit a separate 500-word essay with your admission application about your entrepreneurial experiences and dreams, entitled “Blank Scholarship Essay.”

Value: Up to $3,000 per year for sophomore, junior and senior years.
Criteria: Awarded to selected top GPA earners at the end of the first year who have financial need and who have demonstrated a high degree of involvement in co-curricular activities. Note: students who received merit scholarships at the point of admission are excluded from consideration for this scholarship.
Apply: No separate application is required

Value: $5,000 – $12,500/year for 4 years
Criteria: Need based with consideration for students’ accomplishments and characteristics
Notes: These scholarships are sponsored by generous alumni, foundations, corporations, and friends of Babson College
Apply: Awards based on financial aid application

Value: Varies according to need
Criteria: Need based for students who transfer from a Massachusetts Community College
Apply: Awards based on financial aid application

Value: $5,000, one time
Criteria: Need based for a junior at Babson with strong academics and leadership on campus
Apply: Submit application and essay to Student Financial Services by September 19th of your junior year.

Value: Full Tuition
Criteria: Need based for students that have participated in the Network for Teaching Entrepreneurship.
Apply: Submit a 500 word essay with your admission application about your experience in the NFTE program, entitled “NFTE Scholarship Essay”.

Value: $5,000/year for 4 years Criteria: Awarded to incoming students on the basis of artistic ability, the strength of the student's ideas about combining artistic pursuits with a business degree, academic achievement, and financial need.
Apply: In addition to applying for financial aid, submit a separate 500-word essay with your admission application about your interest in combining your artistic pursuits and a management education, entitled “Sorenson Scholarship Essay.” You may support your essay by also submitting a sample or representation of your artistry.

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, here. For the Wellesley Town Scholarship, list the Wellesley Scholarship Foundation when filing the CSS Profile form.

Need-Based Grants & Scholarships