Also scheduled to receive honorary doctorates are theater director Michael Kahn, who is stepping down as head of the school's drama department; philanthropist Elizabeth McCormack; and Martin E. Segal, the former chairman of Lincoln Center.
Marsalis, an alumnus of Juilliard and a member of the faculty, will deliver the commencement address.
Babbitt, who is celebrating his 90th birthday on May 10, has been a member of Juilliard's faculty since 1971. Bausch, a Juilliard alumna, is the longtime director of Germany's Tanztheater Wuppertal. Robert Mann, also an alumnus, was first violinist of the Juilliard String Quartet for 51 years and remains on the school's faculty.
The commencement marks the end of Juilliard's yearlong centennial celebration, which included a series of world-premiere commissions, a nationally broadcast gala, and the acquisition of a major collection of musical manuscripts.