Babson is a creative hub for innovative students, faculty, and businesses. When you apply for a full-time graduate program, you’ll be considered for a range of scholarships, fellowships, and awards to help fund your studies—no separate application required. Find yourself—and your next big idea—at Babson.
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Understanding your scholarship opportunities is an important part of the application process. Below, we’ve compiled some of the most frequently asked questions we receive around scholarship considerations. If you don’t see your question answered, please contact Graduate Admissions.
Merit based scholarships are awarded to candidates based on academic, professional, and personal merit. We do not offer need-based scholarship awards through the Graduate Admissions Office. If you’d like to explore additional financing options, visit the Financial Aid and Loans page.
We’ve made the process as streamlined as possible. There is no separate scholarship application process. When you begin your online application, just be sure to reply yes to the question “would you like to be considered for merit-based scholarships?” and then indicate which scholarships you feel you qualify for.
If you indicated that you’d like to be considered for merit scholarships, selected the awards you qualify for, and you have submitted a completed admissions application, there is no further action you need to take at this time. We’ll review your application for both admission and scholarships and notify you accordingly.
If you indicate that you would not like to be considered for scholarships, you will not be considered for or awarded any merit-based aid.
If you’re admitted to the graduate school, you will receive applicable scholarship information at the same time as your admissions decision.
Awards and scholarships are largely dependent upon the overall strength of the applicant pool. We can’t guarantee that awards will remain the same for the same applicant from year to year, but we do our best to look at each applicant’s holistic strengths when determining award amounts.
“Without a doubt, entrepreneurship has proven to be one of the most effective ways of closing the wealth gap. We have a very rich network of Black alumni who have excelled in industries and businesses all over the world.”
– Gerald Watson ’76
Founding Chair of the Babson Black Alumni Association
The admissions committee takes a holistic approach to our merit-based scholarship review process, offering a range of $5,000 awards to Full Tuition Fellowship awards for our full-time graduate programs. The candidates who receive the highest scholarship awards submit well-rounded applications with exemplary academic and/or professional achievements, a strong recommendation letter, a professional and engaging interview, and essays that demonstrate thoughtful insights and meaningful goals.
At Babson, our community of entrepreneurial leaders builds greatness together. We understand that collaborating across interest and experience levels and embracing different perspectives is what creates the most robust learning environment.
We’re thrilled to offer scholarships that highlight our commitment to fostering this community. Below are a sampling of these community-driven awards.
Awarded to students who have demonstrated exceptional entrepreneurial leadership by launching or leading a venture that creates sustainable economic or social value. This award celebrates Babson’s mission of empowering entrepreneurial leaders.
Recognizes students who champion a wide range of experiences and perspectives in their academic, professional, or community life. This award honors those who foster collaborative environments where everyone believes they are an essential and vital part of the ecosystem.
Awarded to students who apply entrepreneurial thinking to solve real-world problems creatively and effectively. This award honors those who turn ideas into action with courage and originality.
Recognizes students who exemplify leadership in the classroom through intellectual curiosity, academic rigor and commitment to excellence. This award recognizes individuals who not only achieve high academic standards but also elevates the learning experience for their peers. Recipients will have a strong academic background coupled with a standardized test score (GMAT or GRE).
Honors students who have made a meaningful impact in global communities through entrepreneurial or service-based initiatives. This award celebrates Babson’s mission of creating value everywhere.
Recognizes students who demonstrate exceptional commitment to advancing women’s leadership, equity, and entrepreneurial impact in business. This award recognizes both women and allies who lead with purpose, challenge gender norms, and foster inclusive environment. Recipients of this award embody Babson’s values of inclusive excellence, collaboration and entrepreneurial leadership.
Recognizes students who embrace the unique dynamics of family entrepreneurship by leveraging relationships, values and vision to create sustainable economic and social values cross generations. Recipients of this award exemplify Babson’s commitment to entrepreneurial leadership rooted in family legacy. Celebrates a student who embodies the spirit of continuous learning and personal growth. This award honors those who pursue excellence through curiosity, adaptability, and reflection.
Recognizes students who have made a meaningful and measurable impact in their communities, industries, or global ecosystems through entrepreneurial leadership.
The Babson Graduate Assistantship Program Award recognizes students who are eager to contribute their talents, ideas, and expertise to initiatives that strengthen the Babson community. Through meaningful collaboration with faculty and staff, those in the program gain hands-on experience while making tangible contributions in one of three areas:
Research Excellence: Support faculty research and scholarly projects that generate new knowledge and insights.
AI and Emerging Technologies: Help drive innovation through artificial intelligence and technology-focused projects that advance institutional priorities.
Student Experience and Administrative Impact: Partner with campus offices on initiatives that enhance services, programs, and the overall student experience.
The value of the award is $8,000 and recipients are expected to contribute 80 hours per semester, providing immediate value to the Babson ecosystem while developing leadership, analytical, and professional skills. Applicants to our Two-Year MBA and MSF programs are eligible to apply for this merit-based award. For Two-Year MBA students, the scholarship is eligible for renewal in the second year based on continued participation and satisfactory performance.
“Business is taught in schools all over the world, but very, very few programs pay attention to the importance of family dynamics, values, and culture, and how these are transmitted and how they evolve through generations.”
– Ernesto Bertarelli ’89
Chairman of B-FLEXION
Founder and Co-Chair of the Bertarelli Foundation
Your dreams deserve to become a reality. Discover how financial aid and merit awards can help support you and your goals.