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Florida community college to offer electronic refunds via Higher One

Friday, February 27, 2009

Pasco-Hernando Community College has become the 20th higher education institution in Florida to partner with Higher One, New Haven, Conn., to electronically distribute financial aid refunds to students. The New Port Richey school will begin distributing the Higher One-enabled refunds this summer.


Previously, PHCC has funds to students via paper checks. A desire to make the process more efficient and improve student service led the College to look into electronic refund distribution methods.

With the new process, PHCC will send Higher One a file with student names and refund amounts along with a wire for the total amount of the refunds to be distributed. Higher One will educate students on the new service, collect and protect student banking information and refund preferences, distribute refunds to each student based on his or her refund preference, handle bounced ACH payments and returned checks, and field any refund related inquiries from students or staff. [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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The College Center for Library Automation in Tallahassee sent out notices about a software upgrade that may have left about 30,000 students, faculty and staff Social Security numbers and other private data vulnerable for theft, according to a local news article.

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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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