Nigeria is unarguably the largest exporter of students in Africa. More than three million of her students are enrolled in European higher institutions. And in the UK, nearly 22,000 are pursuing various degrees.
In addition to this figure, Nigeria spent roughly $129,000 million on foreign education between January and February 2022, according to a recent report.
This shows that the study abroad market in Nigeria is huge, and Nigerians are bullish on furthering their education abroad, but there's a problem — the study abroad problem.
Studying abroad is challenging, especially for candidates with zero guidance. Many Nigerians struggle with seeking admission, paying fees, applying for visas, and completing relevant paperwork.
Besides these struggles and inflation ravaging the country's economy, CBN's restriction on foreign currency is another hiccup. Students can't process more than $50 in international transactions per month.
Other than that, the black market charges ridiculous prices on forex, thus forcing students to buy or wait endlessly on banks and risk losing their admission. But there's a solution.
A payment platform is solving the payment problem for Nigerians and international students from Africa. Pay4Me is helping Nigerians study abroad.
Pay4Me is a payment platform designed to help international students from Nigeria pay their study and travel-related fees abroad.
Pay4Me simplifies international payments in such a way that students can pay in their local currency and have their fees processed in minutes.
Students can pay tuition, WES, SEVIS, application, and other fees to any foreign university in Canada, the UK, the US, and Europe. They can also receive allowances from sponsors and parents via the app.
Also, the Pay4Me App has a study abroad feature that lets students access loans, funding opportunities, relocation guides, expert opinions, and scholarship updates in one click.
International students can leverage the app to process their fees promptly without extra charges on their transactions. On signing up on the app and verifying their identity, students can choose a preferred payment service and pay using bank transfer, cryptocurrency, or card.
Aside from the payment solution, the company offers extra benefits such as access to study-abroad managers and relocation experts. Students using the Pay4Me App can get help processing their visas, identifying the best foreign universities, choosing suitable courses, and completing relocation paperwork.
Alongside these benefits, sorting accommodation is also included to save students the stress of house hunting on relocating abroad.
Download the Pay4Me App here to fast-track your study abroad dream.