Payment on Student Account Through peerTransfer

Wright State University has partnered with peerTransfer to offer an innovative and streamlined way to make international tuition payments. peerTransfer's mission is to save international students and their families money that would otherwise be lost on bank fees and unfavorable foreign exchange rates. With peerTransfer, you can pay from any country and any bank. You are also offered excellent foreign exchange rates, allowing you to pay in your home currency (in most cases) and save a significant amount of money, as compared to traditional banks. In addition, the posting of the payment into your Wright State University account will be faster, you will be able to track where your payment is in the transfer process via a student dashboard, and you will be notified via email when it is deposited into our account.

The information below includes a summary and instructions.

Click or go to: wright.peertransfer.com to begin the payment process.

    · To get started, select the country from which your funds will be coming and the payment amount (in U.S. dollars) you wish to make to your student bill.
    · In most cases, the U.S. dollar amount will be converted into your home currency at preferential exchange rates, which will translate into savings for you.
    · After providing some basic information, you will visit your bank (via phone, online, or in person) to send funds from your local bank to peerTransfer.
    · peerTransfer will then convert the funds to U.S. dollars and forward the U.S. dollar amount to Wright State University, where it will be directly credited to your student billing account.
    · Through the peerTransfer student dashboard, you will be able to track where your payment is in the transfer process.
    · You will receive an email confirmation when your payment is deposited into (Insert School)'s bank account.
    · No matter your time zone, you will have a dedicated multilingual customer support team available to you—reachable 24/7 via live chat, Skype, email, and phone—to answer any of your questions.

Read more about this through RaiderConnect: http://www.wright.edu/raider-connect/student-accounts-and-bills/payment-options

How much money should I bring for the first academic quarter of study?

The answer to this question could vary according to whether or not your home country has any restrictions on foreign currency exchange.

However, here are some tips you may use as a guideline:

The minimum recommended funds that you should being your first quarter is the amount printed as "Total" divided by 3 (in the chart below).

We recommend you bring to the United States the dollar figure that is the result of your calculations. Further, we recommend that you bring a minimum of $300 cash to take care of miscellaneous expenses in transit.

You may wish to bring the university tuition and fees in the form of a bank draft payable to Wright State University. Finally, for the remaining funds (living expenses) it may be prudent to bring them in a combination of approximately $1000 in the form of traveler's checks and the remainder in the form of a bank draft in your name to deposit when you open a bank account here.

Wright State cannot issue a formal admission letter, Form I-20 or DS-2019, to an applicant until the following financial requirements have been satisfied.

International students are required by the The Bureau of Citizenship and Immigration Services to show adequate proof of their ability to support themselves and any family members they wish to accompany them during their studies in the United States. Each institution of higher learning is required to have on file proof of the student's ability to pay. It is illegal for international students to work off campus during the first year of their stay in the United States. However, many international students are able to secure part-time on-campus student employment positions. Although F-1 students may be permitted to work on campus, F-2 spouses are strictly prohibited from accepting employment in the United States. The university cannot and will not assume financial responsibility for international students.

To satisfy the financial requirements, applicants must complete and return the financial statement form with their application form. Graduate applicants must note on the financial statement form if they are applying for an assistantship or fellowship.

If an applicant is self-sponsored or family-sponsored, he or she must submit an official bank statement or a letter from the sponsor's employer, translated into U.S. dollars, showing sufficient funds to support the student's first year of study.

If an applicant is sponsored by a government, agency, or organization, he or she must submit an official award letter addressed to Wright State. The letter must state in U.S. dollars the amount awarded annually and provide complete billing instructions.

Normally, applicants will need documentation to prove to U.S. consulate officials that they have sufficient funds and should retain official copies of all financial documents for this purpose. Students from certain countries encounter difficulties in transferring funds from their country to the United States; therefore, it is important for students to be familiar with home government money exchange regulations to ensure the necessary funds are available at the beginning of each quarter and at regular intervals throughout their stay in the United States. Students should plan to bring enough money to the United States to cover initial university fees and living costs until their home government releases additional funds for anticipated expenses for the first academic or calendar year.

For more information please review the web site: http://www.wright.edu/bursar/costsfees/cohort3_main.html