Flywire Surpasses Landmark 1 Million Student Payment Plan Enrollments Since Inception, Driving Tuition Retention and Financial Success Across the U.S. Higher Education Sector
Key Highlights
- ➤1 million+ payment plans activated since Flywire SFS inception
- ➤SFS partner institutions see 50% higher plan enrollment, with defaults under 2%
- ➤$93 million saved on past-due collections through proactive outreach
- ➤229,000 at-risk students saved from collections through flexible payment plans
- ➤$468 million in past-due tuition collected using receivables workflows
Expert Statements
Sharon Butler, Co-President of Global Education Practical Solutions and Innovation, Flywire
“Surpassing 1 million payment plan enrollments is a testament to how higher education leaders are seeing student financial experiences as a driver of retention and revenue. By providing more flexible options and modernizing tuition payment operations, institutions are not only looking out for their students, but positioning themselves for long-term financial sustainability.”
David King, Co-President of Education and Chief Product Officer, Flywire
“Institutions don’t just buy software from Flywire. They get a true innovation partner. What our engineers built onsite in 24 hours reflects our overall approach to problem solving for our clients - we listen, we build quickly and we keep improving.”
Allison MacLeod, Chief Commercial Officer, Flywire
“Our institutional partners continue to redefine what seamless student financial engagement looks like. We are thrilled to honor this year's award winners for their commitment to excellence, innovation, and transforming the student payment experience.”
Penn State, Flywire SFS client institution
“There is real value for students and the staff in modernizing the way we handle tuition processes. Flywire has been a visionary partner for us in solving complex tuition-related payment flows, and we believe there will be strong ROI as we expand our partnership.”
BOSTON, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ: FLYW), a global payments enablement and software company, today announced a major milestone in higher education tuition management – more than 1 million payment plans have now been activated since inception by students at institutions using Flywire’s Student Financial Software (SFS).
Higher education institutions using SFS on average see a 50% increase in plan enrollment with default rates under 2% – helping to ensure predictable revenue streams for schools that rely on tuition to fund operations.
Get started
Create a free account to read the full story.