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Babson College

231 Forest Street, Wellesley, MA 02457-0310, USA

Babson College award
Babson College award
US ranking
position: 540
Tuition & fees per year: $58,560
Acceptance rate: 20.00%
Median alumni salary: $74,451
Avg. SAT and ACT: 1405 SAT, 32 ACT
Entrance difficulty: Hard

What is the cost of studying for a year at Babson College?

The annual tuition and fees at Babson College are notably high, with the total amounting to $58,560. This figure places the college in the top 10% of institutions nationwide for tuition costs, indicating a significant financial investment compared to many other universities. In addition to tuition, students can expect to pay approximately $22,346 for room and board, a cost categorized as very high and ranking in the top 5% nationally. Specifically, room charges are about $14,548, while board charges amount to $7,798, the latter also being relatively high and in the top 15% range.

When considering the comprehensive cost of attendance, combining tuition and room and board, Babson College's overall expense exceeds the average cost of private non-profit four-year colleges in the United States, which is $54,501. This comparison highlights that studying at Babson entails a higher outlay than many private institutions typically charge. Furthermore, the tuition cost alone far surpasses the average expenses at public colleges, whether two-year or four-year institutions, both for in-state and out-of-state students.

For graduate students attending full-time, the tuition is slightly lower but still very substantial at $54,600, maintaining a position in the top 5% of tuition rates nationwide. Part-time graduate tuition hourly charges are also high, approximately $1,990 per credit hour, reinforcing the intensive cost structure of Babson College across different modes of study.

What are the work-study opportunities at Babson College?

Babson College offers a variety of work-study opportunities designed to help students manage their educational expenses while gaining valuable professional experience. Students eligible for federal work-study can find on-campus positions that allow for flexible scheduling around their academic commitments, which helps them earn wages while contributing to the campus community. The college emphasizes internships and practical work experiences as part of its curriculum, providing connections with local businesses and organizations to support students' professional development.

International students at Babson College are eligible to work on campus but typically do not qualify for federal work-study programs. Nevertheless, they have access to various employment options within the campus that comply with visa regulations, ensuring they can still gain relevant work experience during their studies. The average pay for student workers varies depending on the role and department but generally aligns with standard federal work-study wage guidelines, aiming to provide fair compensation consistent with local labor standards.

Babson College Tuition and Fees

Avg. tuition and fees $58,560
Tuition and fees
Avg. room and board charges $22,346
Room and board charges
Avg. books and supplies $1,300
Books and supplies

Total Cost

Avg. total cost $82,206
Total average cost of education at the institution, including tuition and fees, room and board, books and supplies

Babson College Room and Board Cost

Typical room charge for academic year

$14,548

Typical board charge for academic year

$7,798

Institution provide on-campus housing

Yes

Institution provides board or meal plan

Data not available

Babson College Tuition Plans

Any alternative tuition plans offered by institution

Data not available

Tuition guaranteed plan

Data not available

Prepaid tuition plan

Data not available

Babson College Financial Aid

Undergraduate average amount

$45,359

All

$47,028

Number of Students Receiving Financial Aid

45 %

Babson College Military and Veterans Benefits

Undergraduate average amount

$28,394

Graduate average amount

$21,352