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Babson College offers 10+ scholarships, of which 7+ are accessible to Indian applicants. Entrepreneurship-focused awards like the Weissman and Diana Trust-style merit tracks fund up to the complete tuition bill. Need-based grants stack on housing, meals and travel for a handful of top admits every cycle.
- Standard UG tuition at Babson College: approximately USD 57,000 per year (INR 53.87 Lakhs), confirmed on the Fees page.
- With a Presidential half-tuition award: net tuition drops to approximately USD 28,500 per year (INR 26.93 Lakhs).
- With a Weissman Scholarship plus need-based grant: tuition liability can fall close to USD 0, and housing can be covered through Global Scholars funding.
- Next scholarship-linked application deadline: January 2, 2027 (Regular Decision, Fall 2027 intake, tentative).
Currency Note: All INR conversions use the live rate of 1 USD = INR 94.5 as of September 2026. One Lakh equals 100,000 rupees; one Crore equals 100 Lakhs.
Table of Contents
Babson College Scholarships for UG Students
Babson College funds its undergraduate scholarships almost entirely from endowment income and donor gifts, which is why most awards attach automatically to admission. Indian applicants do not file a separate scholarship form for the merit tracks below.
| Scholarship | Annual Value | Coverage | Eligibility (Indian Applicants) | Deadline (Fall 2027) |
|---|---|---|---|---|
| Weissman Scholarship | USD 57,000 (INR 53.87 Lakhs) | Complete tuition for 4 years, plus talent development funding | Top of admitted pool, essays, demonstrated leadership | January 2, 2027 (RD, tentative) |
| Global Scholars Program | USD 70,000+ (INR 66.15 Lakhs+) | Tuition, housing, healthcare, travel home | International applicants only, financial need plus merit | January 2, 2027 (RD, tentative) |
| Diversity Leadership Awards | USD 57,000 (INR 53.87 Lakhs) | Complete tuition for 4 years | Leadership in creating diverse communities, interview required | June 10, 2027 (tentative) |
| Presidential Scholars | USD 28,500 (INR 26.93 Lakhs) | Half tuition for 4 years, renewable at 3.0 cumulative GPA | Strong academic record, 1450+ SAT or 32+ ACT typical | January 2, 2027 (RD, tentative) |
| Inclusive Excellence Leadership Awards | USD 15,000 to USD 25,000 (INR 14.18 to INR 23.63 Lakhs) | Partial tuition, 4 years | First-generation applicants, service record | January 2, 2027 (RD, tentative) |
| Women’s Leadership Scholarship | USD 10,000 to USD 20,000 (INR 9.45 to INR 18.90 Lakhs) | Partial tuition, 4 years | Women applicants with proven leadership | January 2, 2027 (RD, tentative) |
| Need-Based Financial Aid | Variable, up to USD 75,000 (INR 70.88 Lakhs) | Tuition plus living costs based on CSS Profile | International applicants eligible, demonstrated need required | January 2, 2027 (RD, tentative) |
The Weissman and Global Scholars tracks are the two awards most Indian families target because they move the net tuition bill close to zero. Both are competitive, and historically only a few international admits win them each year.
Indian students who apply by Early Decision I on November 1, 2026 see higher merit-aid rates in the admit letter. For context on exact 2027-28 tuition and living costs, review the Collegedunia Babson College Fees page.
Explore More: Babson College Admissions for Indian Students | Babson College Overview
Babson College Scholarships for PG / Master’s Students
Babson’s F.W. Olin Graduate School of Business funds its MBA and specialised master’s awards from a dedicated graduate aid pool. Every full-time MBA and MS applicant is auto-reviewed for merit money at the time of admission.
| Scholarship | Value | Program Coverage | Eligibility (Indian Applicants) | Deadline (Fall 2027) |
|---|---|---|---|---|
| Olin MBA Fellows | USD 75,000 to USD 85,000 per year (INR 70.88 to INR 80.33 Lakhs) | Two-year full-time MBA, near-total tuition | Top of admit pool, strong GMAT/GRE, leadership track record | Round 2: January 6, 2027 (tentative) |
| Babson MBA Fellows | USD 30,000 to USD 60,000 total (INR 28.35 to INR 56.70 Lakhs) | Partial tuition across two years | Academic merit, interview score, essays | All rounds, latest April 15, 2027 (R4, tentative) |
| Babson MBA Diversity Fellows | USD 25,000 to USD 50,000 total (INR 23.63 to INR 47.25 Lakhs) | Partial tuition, two years | Underrepresented backgrounds, including caste or regional diversity | Round 2: January 6, 2027 (tentative) |
| Price-Babson MBA Fellows | USD 20,000 to USD 40,000 total (INR 18.90 to INR 37.80 Lakhs) | Partial tuition, two years | Prior founder or family-business experience | Round 2: January 6, 2027 (tentative) |
| Dean’s MBA Scholars | USD 15,000 to USD 25,000 total (INR 14.18 to INR 23.63 Lakhs) | Partial tuition | Academic performance in undergraduate program | All rounds, latest April 15, 2027 (R4, tentative) |
| Forté Foundation Fellows | USD 20,000 to Complete tuition (INR 18.90 Lakhs to INR 1.49 Crores) | Partial-to-full MBA tuition | Women MBA candidates, Forté MBALaunch optional | Round 2: January 6, 2027 (tentative) |
| Graduate Assistantships | Hourly stipend for 80 hours per semester | Work-based award | Full-time MBA or MS Finance students only | Rolling, after admission offer |
Indian MBA admits report that stacking two internal awards is rare at Babson; most packages combine one merit scholarship with the standard F-1 loan route. The Forté track remains the richest option for Indian women applicants.
Reddit Insight: Indian MBA applicants on r/MBA note that Babson Olin MBA Fellows award letters usually arrive bundled with the admission packet within 2 to 3 weeks of the final interview, so delayed scholarship news almost always signals a lower-tier award, not a hold.
Explore More: Babson College MBA Programs | Babson College Rankings
India-Specific Scholarships at Babson College
Babson College does not ring-fence any scholarship exclusively for Indian passport holders. Indian applicants instead compete on equal footing for every merit award, and historically pull a steady share of the top packages each cycle.
Recent Indian cohorts at Babson have won across three tracks most often, listed in order of frequency and award size:
- Olin MBA Fellows: Indian MBA admits with GMAT 720+ and a founder story form a core group each year, with award size matching their differentiator strength.
- Weissman Scholarship: Indian undergraduate admits with national-level academic awards, Olympiad medals, or a scaled student-led venture make the shortlist here.
- Need-Based Grants: Indian families filing the CSS Profile with full income disclosure can unlock USD 20,000 to USD 50,000 (INR 18.90 Lakhs to INR 47.25 Lakhs) in demonstrated-need aid per year.
Applicants from India should also layer the external government awards listed in Section 5 on top of a Babson merit offer. The combined stack is how most Indian admits close the funding gap for Wellesley living costs.
Explore More: USA Cost of Living Guide
Babson College PhD Scholarships
Babson College does not currently run a PhD program in any discipline, so there is no doctoral scholarship pool to apply for on campus. The school’s deepest research-adjacent track for Indian students is the Doctor of Business Administration (DBA) delivered through its executive education pipeline, which has limited financial aid and no fixed merit award.
Research-focused Indian applicants typically pair a Babson master’s offer with a doctoral application at a nearby Boston business school. The following external routes are commonly used by Indian admits:
- Fulbright-Nehru Doctoral Research Fellowship: Up to USD 60,000 (INR 56.70 Lakhs) for 6 to 9 months of US doctoral research, usable at MIT, Boston University, Northeastern and other Boston campuses.
- Inlaks Shivdasani Foundation Scholarships: Up to USD 100,000 (INR 94.50 Lakhs) total funding for US PhD programs, open to Indian students aged under 30.
- Narotam Sekhsaria Foundation Loan Scholarship: Interest-free loan up to INR 20 Lakhs for PhD programs abroad.
Applicants exploring doctoral routes should begin research 18 months before the intended intake to clear Fulbright-Nehru’s long review cycle.
External Government Scholarships
Indian students admitted to Babson College routinely stack Government of India and Indian foundation scholarships on top of the campus merit award. These external funds are especially useful for living costs in Wellesley, which the Babson aid office rarely covers in full for international students.
| Scholarship | Value | Degree Level | Eligibility | Deadline (2027 cycle) |
|---|---|---|---|---|
| Fulbright-Nehru Master’s Fellowship | Up to USD 60,000 (INR 56.70 Lakhs) | Master’s | Indian citizen, 3-year work experience, 55% UG marks | July 15, 2027 (annual cycle, tentative) |
| Inlaks Shivdasani Foundation Scholarships | Up to USD 100,000 (INR 94.50 Lakhs) | Master’s / PhD | Age under 30, 60% UG marks, admission letter | March 20, 2027 (tentative) |
| JN Tata Endowment Loan Scholarship | INR 10 Lakhs loan + INR 7.50 Lakhs gift scholarship | Any PG program abroad | Indian citizen, age under 45, admission secured | March 31, 2027 (tentative) |
| KC Mahindra Scholarships for PG Studies Abroad | Up to INR 10 Lakhs | Master’s | GRE / GMAT or equivalent, admission letter, strong academics | March 31, 2027 (tentative) |
| Narotam Sekhsaria Foundation | Interest-free loan up to INR 20 Lakhs | Master’s / PhD | Indian citizen, age under 30 | April 20, 2027 (tentative) |
| Aga Khan Foundation International Scholarship | 50% grant plus 50% loan, up to USD 75,000 (INR 70.88 Lakhs) | Master’s / PhD | Need-based, age under 30, admission letter | March 31, 2027 (tentative) |
Reddit Insight: Threads from Indian Fulbright-Nehru alumni flag that Babson is not among the Fulbright-preferred US host campuses, so Indian applicants with a Babson admit should run their J-1 vs F-1 math carefully before accepting the fellowship stack.
Pair any external award with a verified visa plan. The USA F-1 and J-1 visa requirements guide lays out the sponsor rules that affect Fulbright-Nehru acceptors.
Explore More: Study in USA for Indian Students
Babson College Scholarships: Frequently Asked Questions
Ques. What is the maximum funding an Indian student can receive at Babson College?
Ans. The highest realistic package combines a Weissman Scholarship (full tuition) with a Global Scholars grant covering housing, meals, healthcare and one round-trip ticket home per year. The stack can approach USD 85,000 per year (INR 80.33 Lakhs), which is close to the full cost of attendance. Only two or three international admits win this ceiling each cycle, so plan a backup package that mixes Presidential Scholars funding with need-based aid.
Ques. When should Indian applicants apply for Babson College scholarships?
Ans. File the admission application by Early Decision I on November 1, 2026 if Babson is your top choice, because merit-aid conversion is higher in that round. Regular Decision applicants must submit by January 2, 2027 to be considered for Weissman, Presidential, and Global Scholars funding. The Diversity Leadership Awards interview sits later, with a tentative June 10, 2027 deadline for the Fall 2027 intake.
Ques. How is the Weissman Scholarship awarded at Babson College?
Ans. There is no separate Weissman application form. Admissions reviews every submitted file against the Weissman rubric, which weights entrepreneurial impact, academic rigor, and essay strength. Finalists are invited to a scholarship interview between February and March, and awards are announced with the regular admission decision in late March 2027.
Ques. What SAT or GPA do Indian students need for Babson College merit awards?
Ans. Admitted Indian undergraduates at Babson typically carry a Class 12 CBSE or ICSE score of 90% or higher, a SAT of 1450 or above, or an ACT of 32 plus. Presidential Scholars sit near these thresholds; Weissman shortlists sit at 95%+ or 1500+ SAT, paired with national-level distinctions. For the Olin MBA Fellows award, Indian MBA admits average a GMAT of 720 and 4 years of relevant work experience.
Ques. Will Babson College scholarships cover living costs in Wellesley?
Ans. Only the Global Scholars Program and need-based aid cover housing, meals and health insurance in Wellesley, which run roughly USD 25,000 to USD 28,000 per year (INR 23.63 to INR 26.46 Lakhs). Merit awards like Weissman and Presidential Scholars pay tuition alone, so Indian families typically fund living costs through a mix of personal savings and external awards such as JN Tata or Inlaks funding.
Ques. Does Babson College offer scholarships to Indian MBA students specifically?
Ans. Babson does not operate a scholarship reserved for Indian passport holders at the MBA level. Indian admits are eligible for every Olin graduate award, with Olin MBA Fellows, Babson MBA Diversity Fellows, and Forté Foundation Fellows going to Indian students most years. Pair a Babson merit offer with external Indian funding such as JN Tata, KC Mahindra, or Narotam Sekhsaria for the strongest total package.
Scholarships offered
Novus Biological Scholarship Program
- International Student Eligible: Yes
- Amount: $1,500
- Type: Merit-Based
- Level of Study: Associate
- Number of Scholarships: 1
Washington DC Scholarships
- International Student Eligible: Yes
- Amount: Variable Amount
- Type: Merit-Based
- Level of Study: Bachelor
- Number of Scholarships: N/A
Claes Isacson Scholarship
- International Student Eligible: Yes
- Amount: $20,000
- Type: Need-Based
- Level of Study: Bachelor
- Number of Scholarships: N/A
TEC Scholarship
- International Student Eligible: Yes
- Amount: $1,000
- Type: Merit-Based
- Level of Study: Bachelor
- Number of Scholarships: 1
BeArt Presets-Academic Scholarship
- International Student Eligible: Yes
- Amount: $2,500
- Type: Merit-Based
- Level of Study: Bachelor
- Number of Scholarships: 2
Chuan Ai Lu Engstrom Memorial Scholarship
- International Student Eligible: No
- Amount: $1,000
- Type: Merit-Based
- Level of Study: Bachelor
- Number of Scholarships: N/A
Reviews
4 Reviews Found
Scholarship
10000$ academic scholarship
I always wanted to enter my family business. I felt entrepreneurship was the risht program for me so i just wanted to go to the best college for entrepreneurship.
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Olin scholarship - $20,000
No 1 in US for Entrepreneurship and Family business .
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no
For diversity and because of the city. I also wanted to do business which the college specializes in the program.
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N/A
I was really interested in entrepreneurship, and Babson has been one of the best schools for that.
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