Infographic: Digital 529 delivery benefits

More and more students and families are utilizing 529 college savings plans to help minimize or eliminate reliance on student loans. But when it comes time to paying tuition and fees with 529 plan dollars, the disbursement process is time-consuming and inefficient.

Flywire is proud to offer a digital 529 disbursement solution that enables institutions to eliminate paper checks, speed delivery, improve accuracy and increase payment security. To date, we've connected 750+ institutions to digital ACH delivery at no charge, eliminating more than 502K paper checks and helping to deliver $5B to schools. Check out our 529 infographic to learn more.

We asked 100+ bursars using Flywire for digital 529 plan disbursements how their institutions and students benefit:

Benefits of digital 529 delivery

We asked 100+ bursars using Flywire to receive digital 529 plan disbursements, how their institutions and students benefit:

88%faster payment processing
87%better experience for students/families
82%time savings for staff
  • Ridiculously amazing. This disbursement solution will continue to be a game changer for not only ours, but our student/parent payment processing needs.

    University of Oklahoma
    University of Oklahoma
  • It used to take up to 10 days to get a check from a 529 provider and another day to get it onto a student account. Now, it takes as little as two days.

    University of Michigan
  • This solution definitely meets the needs and expectations of our students and families. Once the 529 plan distribution request is made, the student sees the credit on their account usually within 72 hours.

    Purdue University
    Purdue University

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