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$200m of private equity for China agency EIC Group

Private equity firm CVC Capital is investing over US$200 million into EIC Group, one of the world's largest education consultancies for Chinese student recruitment, according to a report citing anonymous sources. EIC has 20 offices worldwide and claims to run the "best attended, most effective" recruitment fairs in China.

New “risk-free” application system for T4

A new "ecosystem" encompassing the student application process from inquiry to graduation has been launched by a British former private college owner who believes his idea will improve quality standards and compliance and safeguard the UK's reputation as an education destination.

ICEF North America welcomes many first-timers

A record 1,000 educators, exhibitors, speakers and agents attended ICEF's North America workshop in Miami this month, making the three-day event the largest of its kind in North America. 14% of the 402 agents attending had not been to an ICEF workshop before, contributing to an increase of 24% in participants overall.

Another new agency association in Turkey: YEDAD

A fourth Turkish education agency association ‘The Overseas Education Consultants and Agents’ Association,’ (YEDAD) has formed, making the government’s call for unity in the sector less plausible in the busy education counselling industry. The new group already has around 120 members.

EUK touts course variety to Asian, Russian agents

English UK’s "inward mission" gave twelve agents from China, Hong Kong, Thailand, Vietnam and Russia the opportunity to see the variety of English language summer school programs offered by member schools around the country housed in university campuses, private boarding schools and colleges.

UK universities pay £120m in agent commission

British universities paid an estimated £120 million in agent commission in 2011/12 according to a new study – equivalent to an average £1,000 per student. Of the 302, 600 non-EU students recruited, around 38 per cent were placed by agents, with institutions paying a variety of commission rates and flat fees. It also revealed that admissions processing times vary wildly between universities.