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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] 

Higher One has partnered with Saint Charles Community College to help electronically distribute Financial Aid and other refund disbursements to students.

With the new system, Saint Charles students log on to a secure Web site and choose how they wish to receive their refund in either a direct deposit to the OneAccount or an automated transfer to a bank account of their choice.

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Southern University at New Orleans has partnered with Higher One, the technology and payment services company focused on higher education, to electronically distribute Financial Aid and other refund disbursements to its students.

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Florida State College at Jacksonville has partnered with technology and payment services provider Higher One to help electronically distribute Financial Aid and other refund disbursements to students.

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Northland Pioneer College in Holbrook, Arizona has selected Higher One to help electronically distribute Financial Aid and scholarship refund disbursements to students.

Currently, students can only receive their refunds by a paper check, which means administrations spend long hours printing, stuffing, and organizing checks while students wait even longer to receive them.

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Higher One announced two new partners - Anderson University, located in Anderson, Ind. and Holmes Community College of Goodman, Miss. - to electronically distribute Financial Aid and other refund disbursements to their respective students.

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Tulsa Community College in Oklahoma has teamed with Higher One to make the switch from paper check refunds to electronically distribute Financial Aid and other refund disbursements to students.

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Cardsmith