Bentley U Offers Cryptocurrency Option for Tuition Payments

pile of bitcoins

Students at Bentley University in Massachusetts can now pay their tuition with cryptocurrency. The institution partnered with crypto exchange platform Coinbase to accept payments in Bitcoin, Ethereum and USD Coin, as part of its "long-standing commitment to leading the way in the early adoption of technologies changing the business world," according to a news announcement. Bentley also plans to accept gifts and donations in cryptocurrency form.

Student interest in cryptocurrency and its underlying technology infrastructure is high, according to Alex Kim, a Bentley student who launched a student-led blockchain group called the Bentley Blockchain Association last fall. "Students have a real interest in knowing more about blockchain, decentralized finance and cryptocurrency investments," he said. "These technologies are influencing the industries where they will be working."

In response to the topic's popularity, Bentley is also creating a new crypto finance course on blockchain applications and decentralized finance, which will launch this fall.

"Bentley University is at the forefront in preparing business leaders with the skills and knowledge to succeed in the changing world economy," said university President E. LaBrent Chrite, in a statement. "We're proud to embrace this technology that our students are learning about, which will soon transform the global business landscape they're about to enter."

About the Author

Rhea Kelly is editor in chief for Campus Technology, THE Journal, and Spaces4Learning. She can be reached at [email protected].

Featured

  • abstract pattern of shapes, arrows and circuit lines

    Internet2 Announces a New President and CEO to Step Up in October

    Internet2, the member-driven nonprofit offering advanced network technology services and cyberinfrastructure to the research and education community has completed its search, which began this past May, for a new president and CEO to take the helm.

  • shield with an AI microchip emblem hovering above stacks of gold coins

    AI Security Spend Surges While Traditional Security Budgets Shrink

    A new Thales report reveals that while enterprises are pouring resources into AI-specific protections, only 8% are encrypting the majority of their sensitive cloud data — leaving critical assets exposed even as AI-driven threats escalate and traditional security budgets shrink.

  • stack of gold coins disintegrates into digital particles against a dark circuit-board background with glowing AI imagery

    MIT Report: Most Organizations See No Business Return on Gen AI Investments

    A recent report out of the MIT Media Lab found that despite $30-40 billion in enterprise spending on generative AI, 95% of organizations are seeing no business return.

  • young man in a denim jacket scans his phone at a card reader outside a modern glass building

    Colleges Roll Out Mobile Credential Technology

    Allegion US has announced a partnership with Florida Institute of Technology (FIT) and Denison College, in conjunction with Transact + CBORD, to install mobile credential technologies campuswide. Implementing Mobile Student ID into Apple Wallet and Google Wallet will allow students access to campus facilities, amenities, and residence halls using just their phones.