Higher One Announces Launch of New “Money Makeover” Contest

New Haven, CT – August 19, 2010 - College students are being challenged, beginning today, to improve their financial behavior and money management skills, with the launch of Higher One’s first “Money Makeover” online competition. Students will have the opportunity to engage with their peers, receive expert advice and compete for rewards being offered to those who can become the most financially fit.

“Our ‘Money Makeover’ contest is not only a fun and interactive way to bring financial literacy to our students, but will teach them lifelong skills of financial management that will span beyond the competition, and even beyond college,” said Mary Johnson, Financial Literacy and Consumer Advocacy Program Manager for Higher One, a financial services provider that works with colleges and universities. “The contest reinforces the importance of setting and actively working toward financial goals—both short and long term—and teaches students the essential skills of budgeting and managing their money along the way.”

FSCJ students say they want faster access to refunds

New Haven, CT – August 13, 2010 - Higher One®, the technology and payment services company focused on higher education, has partnered with Florida State College at Jacksonville to help electronically distribute Financial Aid and other refund disbursements to students.

In the past, FSCJ distributed refunds by either direct deposit to an existing bank account or by paper check. However, FSCJ’s campus wanted a faster, more secure and convenient way for students to receive their refunds. In their decision-making process, FSCJ discussed Higher One with other Florida schools. “The participating schools in the state of Florida that we spoke to expressed a high degree of satisfaction with the program and the level of customer service provided by Higher One,” says Darlene Pike, Bursar at Florida State College at Jacksonville.

FSCJ ultimately partnered with Higher One because of the multiple refund options for students, including direct deposit to the OneAccount—an optional, no minimum balance, no monthly fee, FDIC Insured checking account provided by Higher One; or an ACH Transfer to a bank account of their choice. Students will be sent a card in the mail with instructions on how to log onto a secure website to select how they would like to receive their refunds.

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