Funding student life abroad: Preferences & challenges of Indian families

Sending a child abroad to study is a significant financial investment, and Indian families rely on education agents and institutions for advice and support throughout the application and enrolment process, including about how to send money overseas to their child.

Tuition and accommodation are the largest costs associated with international education, but parents also want to send their child money to help pay for living expenses such as groceries, transport, books, medical care and more.

Flywire commissioned an independent survey of Indian parents on their habits and experiences with transferring money for day-to-day student expenses. In this report, you will learn:

• How often money is being sent from India for non-tuition related costs
• What parents and students are looking for in a transfer method and the issues they are keen to avoid
• Their thoughts on charges