Flywire Student Financial Software Solution

Description

The University currently contracts with Flywire for its online credit/debit card payment processing. The University is looking to implement Flywire's Student Financial Software (SFS) Solution which will integrate with Unit 4 ERP. This will enable Kent to be able to offer students on-line visibility of their student account through Flywire. Students will also be able to set up and manage payment plans in one portal and access their full payment history. Flywire do not charge a fee for implementing the solution and provide free ongoing support. There is an annual SaaS fee of £60,000 including VAT. The University currently has a 5 year agreement with a 1 year break clause and the SFS solution will be an addendum to the existing contract.