Babson College Tuition Costs

At Babson, we want the transition to college for your entire family to be as smooth as possible. That includes making sure you understand the cost of a Babson education and how we are here to help.

Tuition Cost and Other Expenses Breakdown

Below is our tuition and other expected expenses for the 2022–2023 academic year, including the average costs for room and board, meal plans, and books and other supplies.

Please note, undergraduate tuition, room and board rates are set annually by Babson College’s Board of Trustees. If you have any questions, please reach out to Student Financial Services at 781-239-4219 or sfs@babson.edu.

2022-2023 Cost Breakdown
Tuition (includes the use of a Babson-issued laptop computer) $54,944
Room (average double) $12,292
Meal Plan $6,736
Books and Supplies (average) $1,254
Personal (average) $2,022
Federal Direct Loan Fees (average) $50
Total Estimated Cost of Attendance $77,298

 

Estimate Your Costs and Financial Aid

Figuring out what your net price to attend Babson isn’t tricky. Your net price is your annual cost after your family’s aid is considered. We offer interactive calculators to estimate how much need-based financial aid you may be eligible to receive. They are designed to help you and your family plan as you make your final decision.

Sample Financial Aid Package

Let’s break down some of these numbers so you can get a sense of what to expect. Here is a sample financial aid package for three income scenarios for families of four (4) with one (1) student in college.

2022-2023 Sample Financial Aid Package
Income $35,000 $98,000 $155,000
Assets* $0 $81,000 $169,000
Total Tuition, Housing, Meals $73,972 $73,972 $73,972
Babson Grants $63,000 $57,000 $36,000
Federal Grants $7,495 $0 $0 
Net Federal Subsidized Loan** $3,464 $3,464 $3,464 
Federal Work-Study*** $2,200 $2,200  $2,200 
Total Aid $76,159  $62,664  $41,664 
Estimated Family Out-Of-Pocket Expense $13  $14,508  $35,508 

* Assets include savings, investments, business and home equity.
** Net amount of federal loan less origination fee is $3,464.
*** Federal Work-Study earnings are paid directly to students as they work the hours and are not deducted from college charges

Payment Deadlines

There is a specific payment deadline for each semester. Make sure to mark down these financial aid dates for the upcoming school year.

May

2

Summer 2022 Semester

August

1

Fall 2022 Semester

January

4

Spring 2023 Semester

Potential Miscellaneous Expenses Breakdown

Financial situations and payment needs beyond the standard items may arise. Below is a cost breakdown of some of the most common miscellaneous examples. Other miscellaneous charges may include vehicle registration, parking violations, dorm damage fees, library fines, laptop repairs, pharmacy charges, and replacement athletic equipment. The mid-semester payment deadline for miscellaneous charges is October 15 for the fall semester, and February 28 for the spring semester.

ItemPay PeriodCost
Health Insurance (further information below) 8/10/22–8/9/23 $1,639
Per-credit tuition rate 2022–2023 
(including Summer 2022, Winter Session 2023, and Summer 2023)
Each credit $1,717
Returned check fee   $50
Late payment fee   $200
Babson OneCard replacement   $20

Senior year deposit (Refunded after Commencement, assuming account is settled)

  $200

Babson Student Health Insurance Information

Students enrolled in nine or more credits are required by Massachusetts law to carry health insurance. The College contracts with University Health Plans to provide coverage through Blue Cross Blue Shield. Optional dental insurance and vision insurance also are available. Students who have health insurance coverage through a parent’s plan that can be used in Massachusetts may waive participation in the Babson College Plan. Students with coverage from insurance carriers outside the United States or coverage by non-U.S. national health service programs may not waive participation.

Get in Touch

Fill out the Request Information form below to connect with us. This will ensure that you learn about the academic experience, hear stories from our current students, and receive important announcements during the admission process...just to name a few.

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Domestic: 781-239-5522

International: 800-488-3696

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