Partnership Builds Further Momentum for Higher One’s Multi-Partner Banking Strategy

[New Haven, CT – January 13, 2012] Higher One, a technology and payment services company focused on higher education, announces that it has entered into an agreement with Wright Express Financial Services Corporation, a subsidiary of Wright Express Corporation (NYSE: WXS), a leading global provider of value-based business payment processing and information management solutions. Under the Agreement, Wright Express Financial Services Corporation will establish, provide, and maintain Higher One’s account offering (the OneAccount), for a portion of Higher One’s customers in addition to providing other banking functions. Higher One will continue to administer the accounts, providing customer services and other functions such as processing and technology-related aspects of the accounts.

“Banking partners are an important element of Higher One services and so we’ve solidified a multi-bank partnering strategy in an effort to broaden relationships and add further operational redundancy,” said Miles Lasater, co-founder and COO of Higher One. “This new agreement with Wright Express is a forward step in our commitment to executing larger strategies that enhance the value of our services to accountholders.”

“Higher One enjoys a terrific reputation in the higher education business services community,” said Kirk Weiler, president and CEO of Wright Express Financial Services Corporation. “It is a company that is clearly poised for growth and we are very pleased to have initiated this relationship.”

Higher One Expands Services to Almost 200,000 More Students in the Third Quarter

[New Haven, CT – December 20, 2011] - Higher One, a technology and payment services company focused on higher education, announces that during the third quarter of this year it added over 20 new OneDisburse® Refund Management® funds disbursement clients and clients who will be using various modules of the CASHNet® suite of payment services. These clients join more than 770 college and university campuses already partnered with Higher One. In addition, Higher One renewed contracts with more than five existing customers during this timeframe, upholding its near-perfect client retention rate.

New and renewed clients include:

• Johns Hopkins University, Baltimore, Maryland
• Mt. San Antonio College, Walnut, California
• Jones International University, Englewood, Colorado
• San Joaquin Delta College, Stockton, California
• Texas A&M University - Kingsville, Kingsville, Texas
• Franklin Pierce University, Rindge, New Hampshire
• Brigham Young University - Idaho, Rexburg, Idaho
• University of Maryland - Baltimore, Baltimore, Maryland
• Delgado Community College, New Orleans, Louisiana

“Higher One continues to recognize that colleges and universities with budget challenges desire solutions that improve student service without incurring additional costs,” said Rob Reach, Chief Sales Officer at Higher One. “We believe that our refund and payment products and services follow a model of efficiency upon which institutions can rely.”

Contest Awards Students Who Provide Thought-Provoking Financial Advice to Their Peers

[New Haven, CT — December 6, 2011] – Higher One, a technology and payment services company focused on higher education, is pleased to announce the winners of its first Money on My Mind video contest designed to reward students for sharing their knowledge with their peers about how to tackle tough financial problems.

The grand prize winner of $2000 is Lisett Roque, student at Harrisburg Area Community College in Harrisburg, Pennsylvania. In her winning entry, Lisett perceptively describes her biggest financial challenges as disciplining herself to live on a budget and avoiding tempting out-of-pocket expenses.

According to a study conducted by Higher One among 5,488 students nationwide, college students are seeking basic financial management knowledge. To act upon these findings, Higher One launched the Money on My Mind contest this fall, giving students the opportunity to be rewarded for sharing their responsibility and thoughtfulness about money challenges they face. The contest invited students to submit a two-minute video describing their current money management challenges, their strategies for overcoming them while juggling school, work, family, and social life—and finally, their advice for others experiencing similar financial difficulties.