<p>Does anyone have some insight on the academic scholarships at Babson? Their website vaguely describes a few, but there weren’t any cutoffs or amounts listed. Any information would be greatly appreciated.</p>
<p>Babson is very generous with its institutional grants meeting close to 95 percent of financial need. However my understanding is that there are only a few “academic” scholarships, the Weiseman scholarship being the principle. These scholarships are extremely competitive and do not have speciific cutoff s . The financial aid office is very helpful and can further elaborate for you the number and amounts of specific scholarships. Hope this helps !</p>
<p>Are the institutional grants primarily based on your family’s income?</p>
<p>Yes, that is my understanding and you can get some idea of what you might be eligible for from th financial aid calculator on their web site.</p>
<p>Babson is very good at giving out aid for those who qualify as need-based from their parents’ salaries. There is also a lot of opportunity to qualify for additional help if you come from some sort of minority background or are a female. </p>
<p>But if your parents are well-off and you are a white male then there are basically two main academic scholarships at Babson, the Weissman Scholarship and the Presidential Scholarship Award. </p>
<p>The Presidential Scholarship Award is like your more traditional academic scholarship. You are automatically entered in for consideration when you apply for the school and it goes to some top percentage of the entire applicant pool. You get half tuition paid which comes out to a little over $20k per year. </p>
<p>The Weissman Scholarship is a little different and has more perks. This scholarship definitely looks more into what your “story” is instead of how high your grades/test scores are. It offers full tuition paid ($40k+ per year), better opportunities for internships and easy networking, and $5k per year to work on whatever research project/experience you want. The research money can be very exciting because if you are someone who is really strapped for cash for college they basically are forcing you to go out, explore the world, and have a real college experience. This is the highest amount you can get if you don’t have any financial need, so you will still have to cover housing, books, food, etc ($15-20k per year).</p>