Student Expenses Solution
Reducing the cost and complexity around sending and receiving living expenses
High and/or hidden fees and unclear exchange rates are the most common issues experienced by parents of Indian students, whilst the students themselves most commonly experience delays.
When the money is required to be able to enter a country or is destined to be used for the most basic of expenses: rent and groceries, as well as books that are essential to success, it is crucial to address these problems. Flywire’s Student Expense Solution does just that and you can be confident recommending it to your students.
Each year nearly two million students trust Flywire with some of the most important payments in their lives through our Tuition Payments solution. Now, Flywire has partnered with EbixCash to develop a student expenses solution to provide Indian families a secure, convenient and affordable way to send money to Australia, Canada, Europe, the United Kingdom and the United States.
Transfers can be made to a student’s overseas bank account, or to a prepaid forex card to be used to pay for living expenses. Money can also be transferred to Canadian GIC accounts to help fulfill the requirements of the Student Direct Stream (SDS) study permit application process.
Competitive pricing
parents & students receive the most competitive exchange rates in the market
Quick transfers
the average transaction settles in 2 days
Tax assistance
our solution assists parents/students with cumbersome GST & TCS
Legal compliance
upload your documents for legal compliance quickly and securely