Campus Cards, College and University Identification and Security

Higher One agrees with NACUBO student debit card guidelines

Wednesday, December 19, 2012

Higher One has affirmed its alignment with new guidelines for colleges and universities regarding debit card options for students. The National Association of College and University Business Officers issued in August guidelines that it developed following a survey of its member institutions.

The guidelines, entitled “Safeguarding Student Finances: Guidance for Campuses Offering Student Debit Card Options,” are designed to include best practices such as:


  • Encouraging students to use financial institutions, since those with bank accounts can typically better manage their money, do not have to carry large amounts of cash, and can benefit from the convenience of debit cards and transaction records.

  • Offering students the right to choose their banking relationships.

  • Encouraging electronic refunds because electronic transactions are faster, safer, less expensive and more convenient.

  • Complying with the U.S. Department of Education’s regulatory and administrative requirements for the Title IV federal student aid programs.

  • Negotiating low or no fee options and services for students.

  • Publishing clear and transparent fee schedules and agreeing to a communication plan to ensure students are presented with a fair explanation of services.

 [end] 

Waukesha County Technical College has started its search for a new banking partner to fill its on-campus location.

A 2009 poll conducted at the Waukesha County Technical College found that 69% of students would use an on-campus bank. Now, the school is seeking proposals for a full-service branch on its Pewaukee campus.

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Preferred names on student IDs have been a hot topic on campuses recently, and it seems that the trend has crossed the border to Canada.

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ID.me has acquired student discount platform Perkla in an announcement at Fashion Digital NY, a fashion and e-commerce centric event for start-up companies. The acquisition intends to protect retailers from fraud, while helping them reach student shoppers in a more personal and direct manner.

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Mississippi Sate university is takes its football seriously, in particular its student admissions. The university sent out a mass email last week reminding students of the proper usage of their ID cards come game day.

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