Flywire reports 1 million payment plans activated in higher education
1 report, 1 independent
Updated Thu 00:00
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What happened
Flywire announced a major milestone at its third-annual U.S. education conference, Flywire Fusion, held in Austin. The company reported that more than 1 million payment plans have been activated since its Student Financial Software (SFS) was implemented by students at institutions. notes that higher education institutions using SFS average a 50% increase in plan enrollment and maintain default rates under 2%.
From manilatimes.net
Why it matters
The milestone helps ensure predictable revenue streams for schools that rely on tuition to fund operations. The company’s SFS solution is designed to modernize the student financial experience for institutions across the U.S.
From manilatimes.net