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Payment Plan Benefits

Easy online enrollment

Flexible payment options

No interest

Make College Easier to Pay For with a Tuition Payment Plan.

Make college more affordable by paying for tuition and fees over time. Tuition payment plans break down your tuition balance into affordable monthly payments. There’s no interest, payment options are flexible, setup fees are affordable, and it’s easy to enroll!

Payment Plan Information

Payment Methods

  • Automatic bank payment (ACH)
  • Credit card/debit card

Regularly scheduled payments will process on the 1st, 5th or 15th of each month.
Credit and debit cards will have a fully disclosed processing fee.

Cost to Participate

  • $45 nonrefundable enrollment fee per term
  • Up to $30 nonrefundable returned payment fee per returned payment

Simple Steps to Enroll

Before proceeding, please read the following: 

Students:  If someone is paying on your behalf, you MUST first set them up as an Authorized Payer.  To set up an Authorized Payer follow the instructions on this link.

  • Log on to Workday
  • Select the Finances icon
  • From the Finances page, under My Account, select Setup a Payment plan

Once your profile is set up, you can enroll in a payment plan, make a payment, or setup an authorized payer who can create a plan for your balance

Authorized Payers:  If you are paying on behalf of the student, the student MUST set up their account first and then add you as an Authorized Payer.  To set up an Authorized Payer follow the instructions on this link.

  • Log into eProxy.babson.edu
    • When logging in, it will prompt you for a username and password.  This is set up when your student adds you as an authorized party
  • Click on “Finances for Third Party”
  • From here, set up a payment plan or make a payment
    • If you have used Nelnet before, simply Sign In to manage your account.
    • If you are new to Nelnet, click on the “Create a username & password” button to create an online account

Need some help setting up a payment plan?

Watch this short how-to video.

*Note: This video tutorial is for demonstration purposes only. Your educational institution may offer options other than those shown in the video.

Important Plan Dates:

Spring 2026

Plans available beginning November 1, 2025

Last Day to Enroll OnlineRequired Down PaymentNumber of PaymentsMonths of Payments
Payments on the 5th of the month
Dec 3none4Dec-March
Jan 133.33%2Feb & March
Payments on the 15th of the month
Dec 11none4Dec-March
Jan 1333.33%2Feb & March

Summer 2026

Plans available beginning March 24, 2026

Last Day to Enroll OnlineRequired Down PaymentNumber of PaymentsMonths of Payments
Payments on the 1st of the month
April 27none3May-July
May 2033.33%2June & July

Fall 2026

Plans available beginning July 1, 2026

Last Day to Enroll OnlineRequired Down PaymentNumber of PaymentsMonths of Payments
Payments on the 1st of the month
July 27none4Aug-Nov
Aug 2125%3Sept-Nov