Financial Aid Application Instructions and Deadlines For Incoming Students » For Returning Students » Tips on Applying for Aid You can check the status of your financial aid application on the applicant status page (incoming students) or on the Babson Hub (current students). Some Babson scholarships have special application requirements. See All Award Details. International students who wish to be considered for need-based aid should apply for the Global Scholars Program. Veterans should go to Veterans Affairs. Financial Aid Highlights We award $48 million in undergraduate aid; $42 million comes directly from Babson in grants and scholarships. Approximately 50% of Babson’s undergraduates receive financial assistance. Babson meets 100% of incoming students’ demonstrated need in the first year. Babson commits to each student’s level of Babson Grant for four years, provided there is no change in the number in college and no major change to the family’s financial circumstances.