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Press Releases
Higher One Opens Submissions for Annual Money on My Mind Video Contest

Contest Asks College Students to Share Financial Challenges and Advice with Peers for Chance to Win $2,000

New Haven, CT, October 1, 2014Higher One, a leader in providing financial services and data analytics to more than 1,900 college and university campuses across the U.S., has opened submissions for its annual Money on My Mind contest, asking students to submit a video about their money management challenges and the strategies they implement to overcome them.

Up to ten winning videos will be chosen and featured on Higher One’s One for Your Money blog, with each featured video winner receiving a cash prize and the grand prize winner receiving $2,000.

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Higher One Announces 21 Recipients of its Annual Financial Literacy Counts Grant

Colleges and universities to receive total of $75,000 toward on-campus financial literacy programs

New Haven, CT, September 24, 2014Higher One, a leader in providing financial services and data analytics to more than 1,900 college and university campuses across the U.S., is pleased to announce 21 recipients of its Financial Literacy Counts grant program. A total of $75,000 will be distributed to winning colleges and universities in the program’s fourth year, which saw a record number of more than 125 applications representing 34 states and an array of four-year and two-year public and private institutions.

Higher One launched the Financial Literacy Counts grant program to provide institutions with funding for critical financial literacy awareness campaigns, workshops, online financial literacy tools and other activities and resources that promote financial capability among college students and provide opportunities to increase students’ personal financial management skills and abilities. This year marked the launch of a new track, Higher One Money Mentors, for those programs specifically focused on peer mentoring models and programs—seven of the recipients in 2014 were in this track.

“Higher One’s Financial Literacy Counts grant will be instrumental in providing University of Illinois students on all three of our campuses - Urbana–Champaign, Chicago and Springfield – a structured and innovative approach to financial capability,” says Andrea Pellegrini, Assistant Director of the Student Money Management Center. “This grant is supporting the launch of our Financial Literacy Badges Program, which structures various financial literacy programming on all of the campuses within the five core competencies defined by the U.S. Department of Treasury as Borrowing, Earning, Protect, Saving and Spending. Students can earn a digital badge for each core competency by participating in at least three educational activities associated with each core competency. These digital badges can then be displayed online.”

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Higher One and Moneythink Announce Partnership to Address Financial Capability of High School Students

Partnership will expand high school students’ access to financial literacy educational technologies and peer counseling opportunities with college students

New Haven, CT –  September 4, 2014 – A new partnership between Higher One, a leader in providing financial services and data analytics to more than 1,900 colleges and universities across the U.S., and Moneythink, a nationally recognized movement of young people working to restore the financial health of America, will address the need to provide students with the education on how to make sound financial decisions, specifically through peer counseling and new technologies.

“We are excited to announce this partnership with Higher One—a company leading the way in providing students with necessary tools to positively impact financial capability—to expand how we reach high school students with our approach to financial literacy,” said Ted Gonder, co-founder and CEO of Moneythink. “Our innovative model pairs college students with inner city youth in an intensive mentoring program and gets young people excited about making smart financial decisions. Our goal is to start students down the path toward economic success, which in turn generates a financial ripple effect through families and entire communities.”

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Higher One Partners with New Haven Public Schools to Support Kindergarteners and their Families

 New Haven, CT –  August 26, 2014 –Higher One, a leader in providing financial services and data analytics to more than 1,900 colleges and universities across the U.S., has partnered with United Way and New Haven Public Schools to sponsor this year’s Kindergarten Canvass, an annual event in support of local families sending first-time students off to Kindergarten.

Last week, hundreds of teachers and principals joined with local volunteers to knock on the doors of incoming kindergarteners in the New Haven, Connecticut community to answer families’ questions, connect them with resources and provide each family with a bilingual book they can read together. This year, 183 volunteers helped United Way reach more than 1,000 kindergarten students and their families. Through Kindergarten Canvass, United Way serves to connect with schools and students by encouraging reading and building financial literacy early on.

"The Kindergarten Canvass is a powerful means to connect families to their schools and to their child's success," said Jack Healy, president and chief executive officer at United Way of Greater New Haven. "When a new student and his mom, dad or caregiver meets their teacher or school principal on his doorstep we create a bond that lasts throughout his school career. There’s no better way to help our kids get off to a great start in school, and no better way to show that, as a community, we are invested in the future of our children.”

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Before Higher One, our students only had one way to get their refunds, and that was by paper check. With Higher One processing refunds for us, it has allowed us to provide more options for our students without having to enter and store student banking information. We also no longer have to handle sorting, stuffing and mailing thousands of checks.Suzanne ClaggettUniversity of West Florida
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