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University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer 1

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Page 1: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

University of Illinois Tuition Payment Guide - IndiaThe International Student’s Guide to Tuition Payments with peerTransfer

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Page 2: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

Step 1: Get Started

• Navigate to University of Illinois.peertransfer.com• Enter the exact payment amount you owe and the country you will pay from.

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Page 3: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

Step 2: Select Payment Type

• Based on your country selection peerTransfer will automatically display your local currency rate with the appropriate payment options, such as traditional bank transfer or debit/credit card payment.

• If you have an account in a different currency that you would prefer to use, select that country in the “what country are you paying from” field instead.

• Note that peerTransfer offers a “Best Price Guarantee” for the bank transfer option to ensure you a competitive exchange rate.

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Page 4: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

STEP 3: Login/Create Account & Enter Personal Details

• Enter your name, email, and password to create an account (this will allow you to track your payment each step of the way). In addition, your payment details will be saved and pre-fill for your next payment.

• Follow the prompts to fill in your personal details and contact information.

• Click the green Continue with Payment Button.

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Page 5: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

STEP 4: Confirm Payment Details

• Please review and confirm the information for your payment.

• If you are paying via bank transfer, you will receive a deadline by which you should go to your bank and complete the payment. This deadline is not associated with your educational institution deadline. (If you need more time, our Customer Support Department can allow for an extension.)

• Click the green Continue with Payment Button.

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Page 6: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

STEP 5: (For Bank Transfers) Review Payment Instructions

• You can enter your mobile phone at the prompt if you would like to receive payment status updates via text. If you do not want to receive text updates click the no thank you link.

• If you have selected a bank transfer, the payment delivery instructions will now be displayed. You can review the payment details and return as necessary to check the status of your payment.

• Follow the banking instructions for delivery of your funds to University of Illinois’s account in India.

• peerTransfer will convert to USD for the University.

• Print the “Authorization Letter” if your bank needs additional validation of our process. The letter explains that this is the official way to pay the University of Illinois by bank transfer.

• IMPORTANT: Your payment ID is only valid for this payment. Every payment requires a unique peerTransfer payment ID. This facilitates the payment tracking process. 6

Page 7: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

STEP 5: (For Credit Cards) Review Payment Instructions

• You can enter your mobile phone at the prompt if you would like to receive payment status updates via text. If you would prefer not to receive text updates, click ‘no thank you’ at the prompt.

• For debit/credit card payments you will be taken to a web form to fill in your credit card information and complete your payment. Please note that funds will not be displayed on your student account immediately as your payment still needs to be processed and delivered to University of Illinois.

• Please be sure to check your credit card limits to verify it can accommodate your payment size. In some cases you will need to call your bank to confirm your payment can be processed.

• IMPORTANT: Your payment ID is only valid for this payment. Every payment requires a unique peerTransfer payment ID. This facilitates the payment tracking process.

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Page 8: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

STEP 6: Track Payment Status Online

• Above the instructions you will notice a payment status bar. This will be updated each step of the process, and you will receive a final email confirmation when payment has been delivered to University of Illinois.

• Keep in mind that University of Illinois may take 2-3 business days to post your payment to your account once they have received it.

• If you have not sent your payment within 2 days, you will receive a notification from peerTransfer asking if you need more time, want to cancel, or have already sent your payment.

• Should you have any questions along the way, contact peerTransfer 24x7 via email, live chat, or phone.

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Page 9: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

Need Help?

Customer Support Phone Numbers:USA Toll free +1 800 346 9252USA Local number +1 617 207 7076Spain +34 96 065 3947 Canada +1 647 930 9424Australia +61 (2) 800 69 729United Kingdom +44 (20) 32 394 729Hong Kong +852 81 703 729South Korea +82 (70) 78 479 729

[email protected]

Onlinepeertransfer.com/help

Live ChatLive Chat is available as soon as you log into your peerTransfer account. Look for the orange box in the lower right once you have entered your username and password.

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Page 10: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

FAQHow can I use a bank transfer from India to pay the University?

Open your internet browser, navigate to https://www.peertransfer.com/school/uillinois, and initiate a bank transfer. Once you have selected bank transfer, payment delivery instructions will be displayed. Follow the banking instructions* for delivery of your funds to University of Illinois’s account in India. Funds can be delivered to University of Illinois’s account through National Electronic Funds Transfer (NEFT) or Real Time Gross Settlement (RTGS).

The following benefits are included in your peerTransfer payment:

• Ensures that University of Illinois can quickly identify and post your payment to your student account• Guarantees an excellent rate of exchange that includes the service tax required by Reserve Bank of India • Eliminates hidden bank fees so your payment arrives in full• Allows you to track your payment and supports you with round-the-clock customer service• Keeps you updated on payment progress via email or optional SMS/Text updates• Carries insurance to ensure payment reaches your student account

*IMPORTANT: Banking instructions are specific to each transaction and are for one time use. You must complete the payment request process for future payments to University of Illinois.

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Page 11: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

FAQI'm getting a loan from an Indian bank or financial institution. Can I use peerTransfer?

Yes, you can use peerTransfer to make your loan payment. peerTransfer will provide delivery instructions which clearly indicate that University of Illinois is the beneficiary of your loan payment.

Students receiving loans must provide the “Authorization Letter” to their financial institution and insist that payment be sent to University of Illinois’s account in India. If the financial institution has any questions please refer them to [email protected].

My loan provider insists on sending USD to the University’s account in the U.S. What should I do?

peerTransfer is the only way to pay the University of Illinois by international wire transfer. No other wire instructions are available. So when you visit https://www.peertransfer.com/school/uillinois, select “I want to pay in another currency” below the Rupee options. Here you will select the USD option, which carries a $30 process fee. Complete the required information to receive payment instructions. The beneficiary of the payment will be listed as peerTransfer, who is our official payment processor in India.

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Page 12: University of Illinois Tuition Payment Guide - India · University of Illinois Tuition Payment Guide - India The International Student’s Guide to Tuition Payments with peerTransfer

FAQHow does the A2 process work?

Once you have completed your payment at https://www.peertransfer.com/school/uillinois, peerTransfer will provide a prefilled “A2 Form” which must be submitted to Muthoot, the organization in India responsible for collecting A2 Forms. Select either pick up or drop off service then call any one of the phone numbers provided on the delivery instructions for further direction.

Visit www.muthootfinance.com/branch-locator for additional information about Muthoot.

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