SCARBOROUGH — Shawn Babine resigned from the Town Council last week, citing heavy travel required by a new job and his studies.

A special election will be held in November to fill the remainder of Babine’s three-year term, which expires in November 2011.

Babine, 43, took a job last month as CEO of Tau Kappa Epsilon Fraternity, Inc. The job is based in Indianapolis, and Babine said he plans to spend Monday through Friday there and return to Maine for the weekends.

Babine is continuing his pursuit of a doctorate in law and policy at Northeastern University. The program has a residency component that requires him to be in Boston several days a month. His research on microlending will involve travel to Cuba, Eastern Europe and possibly Turkey, he said.

Babine had resigned from the Town Council once before. During his second term, in 2007, he resigned with one year left in his term due to travel related to his job as a senior vice president for TD Bank, he said.

Babine said he has not ruled out running for elected office again in the future.

“We’re always going to have a home in Scarborough. If time permits in the future, I would love to,” he said. “If I did it right the citizens will understand why I had to make a change and will invite me back again.”