Funding student life abroad: Preferences & challenges of Indian families

Sending a child abroad to study requires significant financial investment. Indian families rely on education agents and institutions for advice and support throughout the application and enrolment process, including recommendations on the way to send money overseas to their child.

Whilst tuition and accommodation are the largest costs associated with international education abroad, parents also want to send money to their child to help pay for additional costs such as groceries, transport, books, medical care and more.

To help education agents and institutions, Flywire commissioned an independent survey of Indian parents on their habits and experiences with transferring money for day-to-day student expenses. In this report, you will learn:

• How often money is being sent from India for non-tuition related costs
• What parents and students are looking for in a transfer method and the issues they are keen to avoid
• Their thoughts on charges