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OneDisburse® Refund Management®

Higher One and CASHNet have merged to provide you with a comprehensive suite of services for both payment processing and refund management.

Higher One's OneDisburse Refund Management service offers colleges and universities a new way of handling refund disbursements to students. We do most of the heavy lifting so your staff can concentrate on more important tasks.

Here’s how Higher One's Refund Management works:

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How the process works from an administrative perspective:

  • A college or university identifies which students are eligible for a refund and the amount. (Think of this as what you do currently. However, instead of hitting a button to print checks, you send a file to us.)
  • The college or university sends a flat file to Higher One with an identifier for the student and the amount of the disbursement.
  • The college or university wires Higher One the total amount for the disbursement.
  • Higher One distributes each refund to the student based on the preference they’ve selected.
  • Higher One handles all exceptions and all customer service.

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Click here to view brochure

 

Testimonials

EKU now realizes the importance of the card and our office and what an asset we can be. This has helped in gaining the understanding and importance of a good card system. Our roles have been improved and we are always looking to provide better services to our students. This was just the icing on the cake in helping further the card’s role with students.Karen PettitEastern Kentucky University
Higher One affords an institution a complete, compliant, cost effective tool to manage the Financial Aid refund process. No more lines to pick up paper checks, no more lost checks in the mail and lessened demand for book loans at the beginning of the semester. Higher One offers the best of customer service tools—the customer selects how funds are to be delivered.Rob Sheridan University of Houston-Downtown

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