Methods of Payment

Student account information and balances due are available online to enrolled students via the  Babson Hub at hub.babson.edu under “Student Financial Services.” Use the Babson Hub to view  your account, and make payments online. Students are notified of upcoming payment  deadlines by email only; no hard-copy bills are sent. Late payment penalties are detailed in the  Institution Catalog, including information about account holds and fees on accounts referred  for collection. The following payment options are available:  

EPAY  

• You can make electronic payments on the Babson Hub under “Student Financial  Services” using a U.S. checking/savings account or credit card.  

BY MAIL  

• You can send checks and money orders to Student Financial Services (SFS). Please make  checks payable to Babson College and mail to Student Financial Services, P.O. Box  57310, Babson Park, MA 02457-0310. Checks must be drawn in U.S. dollars on a U.S.  bank.  

WIRE TRANSFER  

• International wires can be processed with favorable exchange rates for most countries  through babson.peertransfer.com. For direct international or domestic wires, please see  the bank routing information on the Babson Hub under “Student Financial Services.” 

EXTENDED PAYMENT PLAN FOR COMPANY-SPONSORED STUDENTS 

• If your company pays tuition reimbursement benefits directly to you, you may defer  two-thirds of the tuition payment until after the end of the semester with the Extended  Payment Plan for Company-Sponsored Students.  

COMPANY PURCHASE ORDER OR AUTHORIZATION 

• If your company will guarantee payment directly to Babson College, you should arrange  to get a company purchase order or letter of credit and submit it to Student Financial  Services. You must submit a new purchase order or authorization from your employer  each semester. 

MONTHLY PAYMENT PLAN 

• Babson College offers a monthly payment plan option through our Nelnet. To enroll in this option  please go Workday Finances, please access Enroll in a Payment Plan. The monthly payment plan  costs $45 to enroll in each semester. 

Fees and Late Payment Penalties  

• Certificate in Advanced Management, Blended Learning MBA, Master of Science in  Advanced Entrepreneurial Leadership and Online MBA