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Indiana Tech opts for electronic financial aid disbursement

Tuesday, July 20, 2010

Higher One has paired with Indiana Tech in Fort Wayne, Indiana to electronically distribute financial aid and other monetary disbursements to students via Higher One’s OneDisburse refund management service.

Under the new program students will be sent a card in the mail with instructions on how to log onto a secure Web site and select their refund preference. Students will have the option to transfer funds to a provided OneAccount or an existing bank account of their choosing.


Previously, Indiana Tech handled refunds by paper check, which required students to pick their refunds up from the campus’ Business Office; and checks not picked up were mailed to students through the mail.

The new system alleviates a lot of the stress that accompanies the paper check method. Students no longer have to wait for a check in the mail or wait long lines to pick it up on campus. Additionally, campus staff no longer spends extended periods of time printing, stuffing, and tracking paper checks. [end] 

Higher One has partnered with Tallahassee Community College to help electronically distribute financial aid and other refund disbursements to students.

With the new system, TCC students will be able to log onto a secure Web site and choose from multiple electronic options, including direct deposit to a OneAccount provided by Higher One, or an automated handling 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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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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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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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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