Last week tuition payment solutions platform, peerTransfer, announced that it partnered with Educational Computer Systems (ECSI), a service provider for the higher education industry.

The partnership will enable international students attending ECSI partner schools to process their tuition and other school-related payments using the peerTransfer platform. It will also integrate international payment options for students using ESCI’s tuition payment platform.

To learn more about peerTransfer, watch its FinovateSpring 2011 demo.

PeerTransfer, a startup that facilitates international tuition payments, announced a partnership with Tuition Management Systems, an organization that helps students manage college costs. 

“Through the partnership, families will be given additional flexibility and be able to make tuition and other education related payments, typically in the currency of their home country.”

The peerTransfer platform will be available to Tuition Management Systems’s network of over 700 schools across the nation. Students of these schools will benefit from lower fees and favorable exchange rates, saving up to $1,500 on a $40,000 tuition payment

To learn more about peerTransfer, watch its FinovateSpring 2011 demo.

Last week, peerTransfer announced that during the third quarter of 2011 it signed up more than 30 new universities:

“Schools such as Oberlin College, Georgia State University, Western Kentucky University, Mount Holyoke College, University of San Diego and Stevens Institute of Technology join peerTransfer’s now 50 plus partner schools.”

The startup allows international students to finance tuition in their own currency helping them save on currency exchange fees.

“The funding will be used to increase headcount and infrastructure across functional areas to support growth as it expands the number of colleges and universities it works with. peerTransfer already works with over 30 leading institutions…”