Melbourne, Australia and Boston, USA - IDP Education, in collaboration with its trusted global payment partner, Flywire Corporation (Flywire) (Nasdaq: FLYW) has launched a major awards initiative aimed at helping international students fund their studies overseas.The program offers students the chance to win one of 50 awards valued at US$3,000 each, totalling US$150,000.
IDP students sending funds abroad for their international study or other qualifying services will be eligible when they make two payments or more through Flywire between 1 May and 31 July 2025. These payments can cover a range of essential international education expenses — including tuition fees, accommodation, health insurance, and/or banking services.
Harmeet Pental, Chief Operating Officer at IDP Education, said the award program aims to support students by providing additional funds as they commence their global studies.
"Our students trust us with one of the most important decisions of their lives — pursuing their dreams through international education. This trust goes beyond academic guidance; it extends to every part of their journey, including finances,” he said.
"We understand that financial aspects, such as visa costs and savings requirements, can weigh on students’ minds. Our partnership with Flywire is designed to remove some of these concerns, enabling students to focus on their studies with confidence and support," stated Mr. Pental.
Flywire’s Senior Vice President, APAC EDU & Global Agents, Mina Fakhouri, said the partnership reflects Flywire’s dedication to enhancing the international payment experience.
"At Flywire, we are always looking for ways to enhance the payment experience for students, and our expanded partnership with IDP is another step forward in that mission. This award program is about more than just financial support; it is about removing barriers and providing students with the resources they need to pursue their education with confidence. We’re proud to be IDP’s trusted partner and to support students at every step of their education journey."
Award winners will be invited to share their personal testimonials, highlighting the impact of this financial support on their study abroad experience and aspirations.
Building on a longstanding partnership between Flywire and IDP
The awards program builds on Flywire’s longstanding partnership with IDP, a leading global education company that specializes in international student placement and English language testing. Through this relationship, IDP’s extensive network of educational institutions and high quality agents across more than 50 countries can leverage Flywire’s comprehensive software and payments capabilities to achieve more streamlined, transparent payment processes for tuition, fees, and other expenses. Together, Flywire and IDP are committed to enhancing the entire experience for students studying internationally, offering services ranging from recruitment and placement through to secure financial transactions.
Resources
- For further details on eligibility and how to enter, visit Fly Higher with IDP and Flywire!
- Hear from Flywire and IDP when they take the stage together at NAFSA 2025 on a panel titled International Student Success and You: Unifying the Journey from the Start Wednesday May 28, 2025 9:30 AM-10:20 AM PT
- To learn more about Flywire’s platform for its education recruitment network visit here
About IDP Education
IDP is a leader in international education services. IDP is listed on the Australian securities exchange (ASX: IEL) and has 6,800 employees across more than 30 countries.
We specialise in combining human expertise with digital technology to help people get accepted into their ideal course, take an English language test or learn English. Our teams work side-by-side with our customers, at every step from course search through to starting their dream course or career abroad.
We partner with more than 890 quality universities and institutions across Australia, Canada, Ireland, New Zealand, the United Kingdom and the United States. Our data insights are relied upon by organisations around the world to help ensure policies are informed by the diverse needs, challenges and motivations of students.
Most of all, we are proud of our people, who are trusted by our customers to help them realise their global study or career goals.
About Flywire
Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.
Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.
Flywire supports more than 4,500 clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. Flywire is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X (formerly known as Twitter), LinkedIn and Facebook.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations regarding the benefits of its education clients and business, Flywire’s business strategy and plans, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire's forward-looking statements include, among others, the factors that are described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Flywire's Annual Report on Form 10-K for the year ended December 31, 2024, which is on file with the Securities and Exchange Commission (SEC) and available on the SEC's website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Contacts
Media:
Sarah King
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Investor Relations:
Masha Kahn
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