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Higher One Announces Appointment of New Chief Information Officer

Cozzell Wilson brings more than 25 years experience in Information Technology to Higher One

New Haven, CT –  August 6, 2014 –Higher One, a leader in providing financial services and data analytics to more than 1,900 colleges and universities nationally, announces the appointment of Cozzell “Cozz” Wilson as chief information officer.

Wilson joined Higher One in 2011 as vice president of software engineering and recently served as interim CIO. In his new role, Wilson will serve as Higher One’s technology leader to help guide the organization’s strategic initiatives and grow its current systems, resources and infrastructure. He will direct the planning and implementation of enterprise IT systems in support of business operations in order to improve cost effectiveness, service quality and business development.

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Higher One Adds Chinese Currency to International Payments Service

Acceptance of Yuan Allows Higher One to Now Aid More Than 50% of International Students in the United States

Oakland, CT – June 26, 2014 – Higher One, a leader in providing financial services and data analytics to more than 1,900 colleges and universities nationally, announces the addition of the Chinese yuan to its international payments service, which is powered by Higher One’s partnership with Western Union Business Solutions.

The yuan follows the recent additions of Korean won, added earlier this year and the Indian rupee, added last year. According to Open Doors® 2013 “Fast Facts,” students using the yuan, the won and the rupee represent more than 50% of international students in the U.S. —a constituency Higher One now serves through its international payments services. Higher One and Western Union Business Solutions are providing a streamlined solution to more international students than ever and at an exchange rate that is more competitive than what traditional banks offer.

The yuan will be offered through Western Union Business Solutions’ partnership with Geoswift, a group that specializes in the efficient movement of money between China and the rest of the world. This addition allows international students not only to make bank transfer payments, but UnionPay credit and debit card payments toward tuition and any other type of charges and fees owed to the education institution of their choice.

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Higher One Announces Chief Compliance Officer

New Haven, CT – June 17, 2014 – Higher One, a leader in providing financial services and data analytics to more than 1,900 college and university campuses across the U.S., today announced that Richard J. Howells has joined Higher One as Senior Vice President, Chief Compliance Officer. Howells will focus on directing Higher One’s compliance management program in relation to both the banking and higher education industries and will report directly to the audit committee of the Higher One Board of Directors.

Prior to joining Higher One, Howells served as Chief Compliance Officer at multiple regional banks. Most recently, he served as Senior Vice President, Chief Compliance Officer and BSA/ CRA Officer at Putnam County Savings Bank in New York. Prior to this, he served as Chief Compliance Officer at Farmington Bank and Union Savings Bank in Connecticut. His extensive banking experience coupled with years of specialization in compliance, federal regulations and risk management affords him the unique skill set to further grow and oversee Higher One’s compliance and regulatory management practices.

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More Than 100 Katella High School Students Graduate from Higher One’s Financial Academy

Nationwide Effort Brings Web-based Financial Literacy Education to Anaheim

Anaheim, California, June 5, 2014—More than 100 students from Katella High School were recognized today after graduating from the Higher One Financial Academy—an online financial education course designed to empower young people with the skills needed to make sound financial decisions around topics such as student loans, credit cards, taxes, savings accounts and more.

Higher One, a leader in providing financial services and data analytics to more than 1,900 colleges and universities nationally, partnered with leading education technology company EverFi, Inc., to offer this interactive web-based financial management program to Katella High School in an ongoing effort to ensure that young adults receive a sound financial education as they make long-lasting decisions, including those about college and how to finance their education.

Money Matters on Campus, a recent survey of 65,000 first-year college students, showed that those students who received financial literacy education in high school scored higher than their peers on financial knowledge questions and are significantly more responsible when it comes to money,” said Mary Johnson, director of Financial Literacy and Student Aid Policy at Higher One. “Higher One is committed to giving students the tools to build a better financial future and we are proud to bring this innovative program to California schools, as well as more than 5,000 students nationwide.”

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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
Higher One’s experience with college students and their focus on serving colleges distinguishes Higher One from all other financial service providers. We really liked the fact that the community college customer base is expanding for Higher One.Carla Chance St. Louis Community College

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