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Payment Options

All student account information is online only; paper bills are not mailed.

Students receive billing notification via e-mail to their Babson e-mail address. Students may view their account online or through the Babson Hub by clicking on “Student Financial Services,” and then “Your Bill” under the left hand toolbox. 

By Mail

You can send checks and money orders to Student Financial Services. Please make payable to Babson College, and mail to:

Student Financial Services

P.O. Box 57310

Babson Park, MA 02457-0310

If you are sending a check via FedEx you may use the street address:

Student Financial Services
Babson College
231 Forest Street
Babson Park, MA 02457-0310

By Phone

You can call Tuition Management Systems (TMS) at 1-888-216-4258 to make a payment from a checking/savings account or by credit card. Students may pay with MasterCard, Amex, Visa or Discover through Tuition Management Systems, and will be assessed a 2.99 percent convenience fee.

Evening and Blended Learning Students may call TMS or may call Student Financial Services at 781-239-4219 to make a payment.

ePay

Pay online using a U.S. checking/savings account or credit card. Students may pay with MasterCard, Amex, Visa or Discover through Tuition Management Systems, and will be assessed a 2.99 percent convenience fee. 

In Person

We accept cash, checks, and money orders in person at Student Financial Services.

Monthly Payment Plan

Tuition Management Services allows students to spread the academic year costs over ten or eight monthly payments, beginning June 5th or August 5th respectively. Both the ten- and eight-month plans have a final payment due date of March 5th. Enrollment in the ten-month plan is possible until August 1st, however full payments for June and July (if applicable) are required at the time of enrollment. All programs have an annual application fee of $55. There also is a three-month plan for spring semester for a fee of $35. You can enroll by calling 1-888-216-4258 or go to http://afford.com/babson.

Third-Party Payments

Any third-party who will guarantee payment direct to Babson College upon receipt of invoice and without any conditions (such as a minimum grade requirement), should submit a new purchase order or authorization to Babson in lieu of payment by each semester’s payment deadline.

Domestic Wire Transfers

Babson College’s bank information for U.S Bank transfers is available on the Babson Hub under Student Financial Services, Wire Instructions; or by email at sfs@babson.edu.

International Wire Transfers

Babson College has partnered with peerTransfer to streamline the tuition payment process for our international students. With peerTransfer, you are offered favorable foreign exchange rates, allowing you to pay in your home currency (in most cases) and may enable you to save a significant amount of money, as compared to traditional banks. You will also be notified via email when your payment is received by the school. Payments can be made through the Babson Hub under "Your Bill", then by selecting "ePay", or can be made directly at https://peertransfer.com/babson.

Extended payment plan for company-sponsored students (available to students enrolled in the Evening MBA and Blended Learning MBA programs)

This plan is designed for Evening MBA and Blended Learning MBA students whose companies reimburse the student directly once the course work is completed. Students can defer two-thirds of the tuition payment until after the end of the semester, provided they guarantee the extended payment amount with either Visa or MasterCard. Please note that 1/3 of the balance is due on the payment due date as well as a per-semester application fee of $50. Extended Payment plan forms should be completed each semester. Enroll online through the Babson Hub at "Student Financial Services," "Your Bill."