🔐 Student Payments Sponsored by a Company – Required Documents

When payments for student programs are made by a third-party company or business sponsor on behalf of the student, supporting documents are required to comply with anti-money laundering regulations and ensure the security of all transactions.

In some cases, payments for student programs are made by a third-party company or business sponsor on behalf of the student. To comply with anti-money laundering regulations and ensure the security of all transactions, Edvisor in Partnership with Transfermate requires students to provide specific documents when a business is funding their education.

Payment Processing Requirements

When making the payment through Edvisor, the student will be asked to select a payer. In the case of company-sponsored payments, the payer must be the legal representative of the company,  for example, the student’s parent or guardian who owns or manages the business. This is necessary to match the documents submitted and comply with financial regulations.

📌 Please note: Edvisor in Partnership with Transfermate reserves the right to decline or delay the processing of any payment until all required documents have been submitted and approved.

📄 Required Documents

When a company is sponsoring a student’s payment, the following documents must be submitted by the student or the company representative:

1. Full Legal Name of the Business
   
   Include the country where the business is incorporated.
   
   
2. Official Business Registration Document
   
   This is used to verify the ownership and legitimacy of the business.
   
   
3. Supporting Letter or Documentation Confirming the Sponsorship
   
   Any of the following documents will be accepted:
   
   
   • Official sponsorship letter
     
     
   • Email confirmation from the business
     
     
   • Contract or agreement between the student and the company
     
     

These documents must clearly state that the company is covering the payment on behalf of the student and must include the full name of the student and the program or service being paid for.

✉️ Sample Sponsorship Letter

Below is a sample letter that a student (or the sponsoring company) can provide to confirm the company sponsorship:

[Company Letterhead if applicable]

Date: [Insert date]

To whom it may concern,

I, [Full Name of Student], confirm that [Full Business Name], a company registered in [Country], will be making a payment on my behalf to cover the cost of my education/travel/insurance services booked [Institution Name].

The payment corresponds to the following service(s):

• [Brief description of service, e.g., English course at XYZ School starting September 2025]
  
  

This sponsorship has been authorized by [Company Representative Name, Position], and all relevant documentation has been provided for compliance purposes.

Please find attached:

• Business registration certificate
  
  
• Official letter confirming the sponsorship
  
  
• [Other supporting documentation, if available]
  
  

If you require any further information, feel free to contact me or my sponsor at [Sponsor’s contact email or phone number].

Sincerely,

[Student’s Full Name]

[Student’s Contact Information]