VGC offers tuition fee payment plans through NexPay
VGC International College is delighted to announce that it has partnered with NexPay to offer tuition fee payment plans to students from Brazil, Chile, Colombia and Mexico.
Effective immediately, students from these counties can enjoy the flexibility of paying for their tuition fees in manageable installments by using NexPay, a globally-recognized and trusted name in cross-border education payments.
VGC Executive Director Dominic Walton expressed enthusiasm about this partnership, “This is a fantastic development for our students, especially considering the recent announcement by the Canadian government regarding the increased minimum fund requirement for study permit applications. By using NexPay, our students now have the opportunity to create a customized payment plan that aligns with their budget and financial requirement, and more importantly, meet the threshold set by the Ministry of Immigration, Refugees and Citizenship Canada (IRCC).”
In December 2023, the IRCC raised the required available funds for international students planning to study in Canada to $20,635, in addition to covering their tuition and accompanying family members’ fees. The new amount represents more than double than the previous requirement of $10,000 which had been in place since the early 2000s.
The process of paying for VGC’s tuition fees through NexPay is transparent, hassle-free and secure. As soon as they have their invoice, students can simply visit VGC’s payment page, choose NexPay as payment provider, fill in the information required and select the preferred payment scheme (for qualified students).
Walton added, “We are deeply committed to enhancing accessibility to our programs for students worldwide. Our partnership with NexPay is just one of the initiatives we’ve rolled out to support our students to attain their educational goals without compromising their financial well-being.”
ABOUT VGC INTERNATIONAL COLLEGE
VGC International College is an award-winning English language and business school in downtown Vancouver. Founded in 2003, VGC has built a strong academic reputation by offering high-quality and well-designed English courses and international business programs to students from over 85 nations. We strive to maintain a standard of excellence in order to provide our students with the best possible learning experience in Canada. VGC has three campus locations in Vancouver that are all within walking distance from each other.
ABOUT NEXPAY
NexPay is globally-recognized and trusted cross-border payment provider, specializing in providing education payment solutions. Headquartered in Sydney, Australia, NexPay seeks to simplify international student payments, allowing students to pay in their local currency, eliminating credit card surcharges, and offering ease of tracking and reconciliation of payments.