You can use the Babson Portal to manage your account:
- View your student account online
- View your financial aid application status online
- View your financial aid awards online
- Submit payment online by going to your portal and clicking on ePay in the Student Financial Services window
- Complete the required enrollment (or waiver) of health insurance form. Click the University Health Plan link in the left-hand toolbox.
- Request a refund
- Set up an eProxy online − someone to whom you give the authorization to view your student account online, and who can ePay
Setting up an eProxy
With eProxy, you can give a spouse or parent access to view your bill online and make a payment using ePay. To set up an eProxy, click
here and enter in the email address and name of any person you wish to designate as a proxy. Once you set up the account, the person you designate as your proxy will receive an email with the address and password to access your student account. You can terminate an eProxy's access at any time by deleting the email address from your eProxy list.
Avoiding late payment penalties
Students who have not settled their accounts by the semester payment due date will be assessed a $200 late payment penalty. Students will also be denied course registration and add/drop privileges, and may be withdrawn from courses. While Babson recognizes that many students receive financial aid or monetary assistance from third parties, the ultimate responsibility for satisfying all financial obligations rests with the student.
Requesting a refund
A credit balance (which will appear on your student account in parentheses as a negative number) means you have excess funds on your account. You can leave these funds on your account for the next semester, or request to have them refunded to you or another party by clicking
here. Refund requests are processed by SFS after the add/drop period has ended, and after financial aid and loan funds have been disbursed onto your account. Requests received before noon on Tuesday will be available after 2pm on Thursday.
Requesting a book voucher
If you have financial aid or loans that exceed billed charges at Babson, you may request a voucher to purchase your course materials for the semester. Please request a book voucher in person at SFS.
Setting up a payment plan
If it would work better for you to spread the payments out over a number of months, rather than making a single lump sum payment each semester, go to
www.afford.com/babson to set up a payment plan. We offer annual 10-month and 8-month plans, and lots of students find that a payment plan makes budgeting easier.
Students who receive tuition reimbursement from their company may use Babson's Extended Payment Plan by going to
Student Financial Services/View of Bill and clicking on "Extended Payment Plan" in the Toolbox.
Combining a payment plan and loan option
For your planning purposes, Babson offers
BorrowSmart®, a tool that shows how you can minimize education debt by combining a monthly payment plan with the loan of your choice. You will input the amount that you feel you can reasonably afford each month, and the system will present options based on Babson’s list of recommended loans and lenders. Click here for the link to
BorrowSmart® at Tuition Management Systems (TMS).