Australia, 29 September 2015: Holistic education services provider, Cohort Solutions, continues to expand global networks, announcing that its payment platform Cohortpay now offers local payment options in 60 countries across Europe, Africa, Asia and North and South America. Additionally, Cohort Solution’s 15,000 strong user base is set to accelerate with the newly added capability of servicing students studying in New Zealand.
Cohortpay offers significant savings to some 600,000 international students enrolled in Australia each year by converting their Australian dollar tuition fees at a low foreign exchange rate while eliminating extra fees and charges.
Mark Fletcher, CEO of Cohort Solutions, said: “Cohortpay offers significantly lower foreign exchange rates on tuition fee payments for the many international students studying in Australia. Cohortpay’s services allow students to make tuition payments in their local currency, and remove international money transfer fees from the equation.
“Some of our students studying medicine in Melbourne for example, are paying over AUD$75,000 per annum for a four-year course. When compared to costs charged by their banks at home, some of these students are saving over AUD$11,000 using Cohortpay. With these sorts of savings in mind, we expect a successful expansion into the New Zealand market will bring exciting growth, with payments already being enabled and future deals in the making.”
Cohortpay is secure and easy for international students to use, allowing tracking of their payments in real-time via a personalised dashboard.
“With growing confidence and awareness of the brand, Cohort Solutions envisions users will adopt multiple complimentary products tailored to international students, including health insurance, short-term accommodation, transportation, and a mobile sim card, to maximise their savings and ease their transition into a student’s life in Australia and New Zealand,” Mr Fletcher added.
Laura Blue, Launch Group
About Cohort Solutions
Cohort Solution’s innovative vision is to reduce the cost of international education by decreasing the cost of tuition for international students; and to provide value-enhancing products for service providers in the international education industry. Cohort Solutions currently services customers in 135 countries worldwide. For more information: