Flywire Student Financial Software
flywire.com
What it is
Flywire Student Financial Software (SFS) is a web-based tuition management platform for education institutions. It handles billing, payment plans, student payments, and past-due collections for domestic and international students. Bank transfers, cards, and alternative methods are supported across 240+ countries and territories and 140+ currencies. Integrations with listed student information systems post transactions to student accounts and reconcile them in real time. Institutions can configure traditional or on-demand plans, while students and authorized users enroll and manage payments through mobile-friendly self-service. Collection Management automates email and text outreach from pre-collection through agency placement. Other functions include account presentment, eRefunds, 1098-T presentment, and automated billing messages. Flywire says implementation can go live in as few as 30 days, with pre- and post-launch support. Payer assistance is available around the clock in more than 25 languages. Pricing is a SaaS subscription by quote and varies by institution size and solution.
Spec sheet
- Purpose
- SFS provides education institutions with billing, payment plans, and past-due collections in an integrated tuition management platform.Read 3 Oct 2026 · flywire.com
- Security
- Flywire maintains PCI Level 1 certification with third-party attestations and undergoes annual SOC 2 Type II and PCI DSS reviews.Read 3 Oct 2026 · flywire.com
- Compliance
- Flywire states it complies with GDPR, PIPEDA, FERPA, and GLBA, and lists HITRUST among its security and compliance credentials.Read 3 Oct 2026 · flywire.com
- Headquarters
- Boston, Massachusetts, USARead 28 Sep 2026 · flywire.com
- Founded
- 2009Read 28 Sep 2026 · flywire.com
- Company
- Flywire describes itself as a global payments enablement and software company serving education, healthcare, travel, and B2B clients.Read 3 Oct 2026 · flywire.com
- Account posting
- SFS posts transactions to student accounts and reconciles them in real time through SIS integration.Read 3 Oct 2026 · flywire.com
- Billing features
- The education solution includes billing and account presentment, eRefunds, and 1098-T presentment.Read 3 Oct 2026 · flywire.com
- Collections
- SFS Collection Management automates outreach by email and text for past-due tuition and supports processes from pre-collection through agency placement.Read 3 Oct 2026 · flywire.com
- Communications
- The integrated Engagement Hub automates billing communications by email and SMS.Read 3 Oct 2026 · flywire.com
- Implementation
- Flywire says SFS can go live in as few as 30 days and includes pre- and post-launch support.Read 3 Oct 2026 · flywire.com
- Intended customers
- The education solution is for institutions managing financial processes for domestic and international students; Flywire identifies SFS availability in the US and UK.Read 3 Oct 2026 · flywire.com
- Payer support
- Flywire offers around-the-clock multilingual payer support, with support for more than 25 languages.Read 3 Oct 2026 · flywire.com
- Payment plans
- Institutions can configure traditional and on-demand plans, while students and authorized users can enroll and manage payments through a mobile-friendly self-service experience.Read 3 Oct 2026 · flywire.com
- SIS integration
- Flywire lists integrations with Ellucian Banner and Colleague, Oracle PeopleSoft, Workday Student, Unit4, Anthology Student, and Tribal Group.Read 3 Oct 2026 · flywire.com
- Student payments
- Flywire supports bank transfers, card payments, and alternative payment methods across 240+ countries and territories and 140+ currencies.Read 3 Oct 2026 · flywire.com
Plans and prices
Student Financial Software (SFS) Priced on request SaaS subscription; contact Flywire for a quote Pricing varies by institution size and solution Read 3 Oct 2026 · flywire.com
Strong points and limits
Strong points
- Supports 240+ countries and territories
- Handles 140+ currencies
- Real-time SIS posting and reconciliation
- Automated collection outreach
- Around-the-clock multilingual payer support
Limits
- Pricing requires a quote
- Availability listed for US and UK
- SaaS subscription billing
Who it suits
SFS suits education institutions managing tuition billing, payment plans, reconciliation, and collections. It is listed as available in the US and UK.
Verdict
SFS brings billing, payment plans, collections, and reconciliation into one institution-facing system. Prospective buyers need a quote because pricing varies by institution size and solution.
Where Specifiction places it
- Tuition Management Software#13 of 267.3
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