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Anderson University Creates More Efficient Processes with OneDisburse® Refund Management® |
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Business office says they need to provide their students with additional refund options
New Haven, CT – July 16, 2010 – Anderson University, located in Anderson, Indiana, has partnered with Higher One®, the technology and payment services company to electronically distribute Financial Aid and other refund disbursements to students through OneDisburse Refund Management.
Currently, 70% of AU students receive their refunds via an internal Automated Clearing House (ACH) program. The remaining 30% of students receive their refunds via paper check. AU found this process to be very inconvenient for students, the business office and cashiers. Paper check refunds became very tedious for administration due to the printing of checks, following up on stale checks, and long lines at the cashier’s window. In addition, AU was using various resources to maintain personal student banking information for their ACH program.
Anderson University first heard of Higher One through a nearby institution. “A colleague at another school spoke highly of the OneDisburse Refund Management process with Higher One, so we began to explore it,” explained Dana Stuart, Assistant Treasurer and Controller at Anderson University.
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Higher One Announces Second Quarter Earnings Release Date and Conference Call |
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New Haven, CT – July 14, 2010 – Higher One Holdings, Inc. (NYSE: ONE) announced today that it will report its results for the second quarter of 2010 after the close of the market on Wednesday, August 11, 2010. The Company will host a webcast at 5:00pm EDT, which will include a discussion of the quarter’s results as well as a question and answer session.
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Indiana Tech Expects Student Satisfaction to Increase with OneDisburse® Refund Management® |
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Business Office says there is a need to provide students with more refund delivery preferences
New Haven, CT – July 13, 2010 – Higher One, the technology and payment services company focused on higher education, has partnered with Indiana Tech in Fort Wayne, Indiana to electronically distribute Financial Aid and other refund disbursements to students via Higher One’s OneDisburse Refund Management service.
Currently at Indiana Tech, most refunds are processed as paper checks, requiring students to pick them up at the Business Office. Checks that are not picked up are mailed to the students’ address on file. The labor-intensive process of printing, stuffing and tracking checks prompted the need for change.
An internal ACH (Automated Clearing House) program was considered, but this option would require a great deal of effort and resources to set up and maintain. “We also wanted to avoid storing students’ sensitive banking information on our servers,” said Shelly Studebaker, controller at Indiana Tech.
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Texas State Technical College System partners with Higher One to introduce new Financial Intelligence program on campus |
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Improving students’ financial literacy a top priority for TSTC administration
New Haven, CT –July 8, 2010 - Higher One, the technology and payment services company focused on higher education, announced their recent partnership with the Texas State Technical Colleges System to introduce Financial Intelligence on campus.
Financial Intelligence is a web-based financial literacy program provided to colleges and universities by Higher One and EverFi, an online financial education company. The program allows institutions to take on a leadership role and tackle financial literacy in a way that is resource-effective, engaging for students, and rooted in high-quality content. TSTC is excited to have the opportunity to better educate college students about financial responsibilities.
TSTC decided to incorporate Financial Intelligence into their students’ lives because of the interactive nature of the program. Administration felt that these unique features will help students actively learn money management skills. TSTC Harlingen, one of the four TSTC campuses, is in the process of implementing the program.
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