Flywire helps increase operational efficiency and improve student retention by enabling you to:
- Engage with students via the digital communication channels they prefer
- Proactively reach out to students when there's a gap in their ability to pay
- Customize payment terms to meet students' unique financial circumstances
- Rescue delinquent accounts and avoid collection agency fees
- Accelerate cash flow while saving time and resources
The trusted choice of millions of students, thousands of institutions and hundreds of education agents and partners worldwide
Flywire’s comprehensive receivables solution enables us to offer students more flexible payment plan options. With A/R Collect, we save time by using digital automation to contact and help more students on a daily basis. We can now easily pull up a dashboard and set up payment plans to fit specific financial circumstances.
We are delighted with our implementation and have seen a remarkable decrease in student and parent contact with our office as a result. Our service staff now has more time to spend assisting families who really need our help!
Flywire enables us to offer students low-cost payment plans tailored to fit specific financial situations. As a customer-friendly tool for making payment arrangements on past-due balances, A/R Collect facilitates payment plans that allow our students to re-enroll and remain in school.
Flywire has been so responsive from the very beginning. I have never had a partner be so easy to work with and really, truly want to know what changes would make our lives easier.
Streamline your collections process
Is your institution able to determine if a student is at risk of missing a payment before it happens?
Flywire helps you anticipate your students’ payment behaviors before they ever miss a payment. Use this information to deliver customized, impactful, and timely messaging through our automated communication hub, and enable your staff to negotiate personalized repayment terms with at-risk students so you can keep them enrolled and in good standing.
Can your students easily access and manage their payments?
With Flywire, students can use any web-enabled device to quickly select, activate, and update a payment plan that meets their financial needs. Providing your students with the ability to self-serve on their own time increases the likelihood for interaction and payment, and also reduces time-consuming manual administrative processes for your staff.
Can your office afford to have outstanding balances remain unpaid?
Flywire helps you rescue funds that would otherwise be lost by reducing the number of delinquent accounts that would ultimately need to go to collections by up to 20 percent. Reduce the number of accounts you send to collection agencies by engaging with at-risk students through targeted, multi-channel communications and presenting them with manageable payment options.
Does your office have the tools and resources required to track accounts placed with agencies?
Our powerful collections dashboard provides valuable insight into agency-managed account activity and balances, and automatically updates your system of record in real time. Transparency into agency performance enables your team to intelligently distribute delinquent accounts across external agencies to increase cash flow.