Board Approves No Increase in Babson College Tuition

March 2, 2022

Listen

The Babson College Board of Trustees, at the recommendation of the College’s leadership team, has approved a 0% tuition increase for the 2022–2023 academic year for both undergraduate and graduate students.

The announcement marks the third consecutive year that graduate tuition has not increased, and it is the first time in more than 25 years that undergraduate tuition has not increased. Undergraduate tuition will remain at $54,944.

“Unprecedented and significant endowment increases, along with the generosity of our alumni and strategic fiscal management, have created a unique opportunity to reinvest in our community,” Babson President Stephen Spinelli Jr. MBA’92, PhD wrote in a letter to students. “Recognizing the impacts of COVID-19 and an historically high inflationary environment, we have taken the opportunity to ease the tuition burden on our students and families. Babson continues to be in high demand with record-breaking application numbers. We remain committed to making a Babson education accessible for all students, families, and aspiring entrepreneurial leaders.”

For undergraduate students, the overall increase for 2022–2023 when including adjustments to housing and dining is 1.1%, the lowest in 35 years. Housing and dining costs will vary based on room type and meal plan.

In addition to a 0% tuition increase, $48 million in undergraduate grants and scholarships will be awarded for 2022–2023, primarily dedicated to students with demonstrated financial need.

Posted in Babson Briefs

Tagged Campus, Undergraduate, Graduate

Latest Stories

A person puts his or her hand on someone’s shoulder

Empathy and Active Listening Skills: Why They Matter in Business and How to Do Them Better In a time dominated by AI and tech, the human-centric skills of empathy and active listening remain critical in business. Here’s how leaders and entrepreneurs can get better at them.

By John Crawford

Senior Journalist

John Crawford

A writer for Babson Thought & Action and the Babson Magazine, John Crawford has been telling the College’s entrepreneurial story for more than 15 years. Assignments for Babson have taken him from Rwanda to El Salvador, from the sweet-smelling factory of a Pennsylvania candy maker, to the stately Atlanta headquarters of an NFL owner, to the bustling office of a New York City fashion designer. Beyond his work for Babson, he has written articles and essays for The Philadelphia Inquirer, Notre Dame Magazine, The Good Men Project, and other publications. He can be found on Twitter, @crawfordwriter, where he tweets about climate change.

August 14, 2025

Tagged Faculty, Advice

Posted in Insights

Photo of a campus building at golden hour with a beautiful white cloud amid a blue sky

LinkedIn Ranks Babson No. 1 for Alumni Network, No. 7 Overall in the United States In its inaugural rankings of the best 50 colleges in the country, LinkedIn named Babson the top school for the strongest alumni network and the largest share of alumni founders and entrepreneurs.

By Eric Beato

Editor / Writer

Eric Beato

Eric Beato is the Editor of Babson Thought & Action and Babson Magazine. A native of Chicago and a graduate of the University of Missouri School of Journalism, Eric has worked as an editor and writer at newspapers across the country, including the Chicago Sun-Times and Boston Herald. Eric joined Babson College in 2019 after working as the communications director for a private educational travel company and as the managing editor of six regional sports publications.

August 13, 2025

Tagged Alumni, Campus, Entrepreneurial Leadership, Entrepreneurship, Entrepreneurship Education, Undergraduate, Entrepreneurship of All Kinds

Posted in Community, Entrepreneurial Leadership, Outcomes