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Paying Online with Foreign Currency

Flywire

Virginia Tech has partnered with Flywire to streamline the tuition payment process for our international students. Flywire allows you to pay from any country and any bank. They also offer excellent foreign exchange rates, allowing you to pay in your home currency (in most cases) and save a significant amount of money, compared to traditional banks.

Benefits of Flywire:

  • Use secure, flexible options to pay from 240 countries and territories in 140+ currencies
  • Choose from convenient, local payment methods including bank transfers, credit cards, e-wallets and more
  • Take advantage of Flywire’s Best Price Guarantee for local bank transfers
  • Track payments every step of the way via email and text alerts

Frequently Asked Questions

Yes, eligible students may enroll in the University's Budget Tuition Plan (BTP). The BTP allows students to divide semester cost into 4 monthly direct debits to a U.S. checking account instead of paying one lump sum by the tuition payment deadline date. For more information about the BTP, please click here.

Yes, a demand draft on an American bank in American dollars is an acceptable form of payment. Please note the check must be drawn exclusively on a U.S. bank. If an international bank is referenced on the check, the domestic bank collections process will be initiated. This process can take several weeks before payment is posted to your account. Bank collection fees may reduce the payment amount.    

Yes, you can still use Flywire to make your payment. Make sure to include the loan borrower as the sender in this case. After making your payment request, you will be provided with a disbursement or authorization letter along with the bank instructions from your Flywire dashboard. The authorization letter will demonstrate that Flywire is acting as the only and official authorized international payment processor and the end recipient of your payment is your institution. You should provide your bank with both documents in order to complete the bank transfer. Visit Flywire for additional information.