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Tyler Junior College signs with Higher One to improve refund distributions

Thursday, June 5, 2008

Financial services provider Higher One that specializes in financial aid disbursements to college students, has signed up another two-year institution to handle its financial aid refunds. The deal also provides students a co-branded card that will allow them to determine how they want to receive their refunds.

The college “decided to implement OneDisburse Refund Management because we feel confident Higher One can help us meet our goals for providing quality service to our students,” said Carol Hutson, controller at Texas-based Tyler Junior College.

“Our goal for the program is to increase student satisfaction with the remainder reimbursement process,” said Hutson. “This includes providing students access to their funds in a safer, more efficient manner while reducing the need to wait in long lines to pick up checks. We fully expect Higher One to help us accomplish these goals with little disruption to the students’ routine making their college experience a more positive one.”

The junior college will begin issuing refunds through Higher One at the beginning of the fall semester. [end] 

Gordon College, located in Barnesville, Ga., announced that it has renewed its contract with Higher One for its technology and payment services.

With an enrollment of approximately 5,000 students, Gordon College campus will continue to utilize Higher One’s OneDisburse Refund Management funds disbursement service to simplify the refund process, for both administrators and students.

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Heartland Payment Systems Campus Solutions division has recruited 12 higher education districts and campuses totaling 20 different colleges to manage the schools’ financial aid disbursement services utilizing Heartland’s Acceluraid electronic disbursement product.

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Students at Park Hills, Mo.-based Mineral Area College will be receiving their financial aid refunds faster this year through a prepaid card issued by Central National Bank in Oklahoma.

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Personal information of 9,000 current and prospective students was inadvertently posted online by Valencia College in Orlando. The school has apologized for the mistake.

The information included the students’ names, addresses, dates of birth and student ID numbers but not their Social Security numbers or financial information.

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The OneCard from Bowdoin College in Brunswick, Maine, can now be used at three off-campus restaurants with more merchants set to join.

“It’s a project we’ve been working on for some time now and its finally coming to fruition,” said OneCard Coordinator Chris Bird.

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Higher One has extended its partnership agreement with Jenzabar, which integrates Higher One’s CASHNet suite of payment processing solutions with Jenzabar ERP (Enterprise Resource Planning) solutions.

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