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Press Releases
Higher One Announces New Features in Award-Winning Campus Labs Baseline Offering

Student Response System for Faculty Provides Real-Time Feedback on Student Learning

NEW HAVEN, April 30, 2014—In its efforts to continually offer solutions that best empower institutions to make data-driven decisions, Higher One, a leader in providing financial services and data analytics to more than 1,900 college and university campuses across the U.S., has announced new features in its Campus Labs® Baseline offering. Baseline’s new in-classroom tool provides real-time assessment data, allowing professors to tailor their instruction to the students in the moment—and over time, to make strategic adjustments to their core teachings in accordance with student feedback and demonstrated learning outcomes.

In January 2014, Baseline was recognized as a reader’s choice top product in University Business Magazine. Additional feedback from faculty and administrators indicated that in order to further elevate an already highly respected solution, Baseline should include a tool that incorporates real-time data sourced directly from students in the classroom.

“This key addition to Baseline will not only help students, but also help further institutional goals by enabling academic affairs professionals to show they are doing what it takes to ensure the success of its students,” said Eric Reich, senior vice president at Higher One. “Professors can also gain a better understanding of student learning and the effectiveness of their teaching methods and use that knowledge to improve the class based on immediate student feedback.”

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Pennsylvania High School Students Graduate from the Higher One Financial Academy

Nationwide Effort Brings Financial Literacy Education to Wilkes-Barre High School Students

Wilkes-Barre, PA, April 24, 2014—More than 130 students from Elmer L. Meyers High School were recognized today after graduating from the Higher One Financial Academy—a 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 bring this interactive web-based financial management program to Elmer L. Meyers High School, as well as to more than 4,300 students across the country.

“The Higher One Financial Academy has offered our students a great opportunity not only to learn the importance of being financially literate, but also how to apply the lessons to their everyday lives,” said Michael Elias, principal  at Elias L. Meyers High School. “This program aligns with our desire to educate, enlighten and inspire our students to succeed—both now and in the future.”

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Higher One Opens Financial Literacy Counts Grant Program to Colleges and Universities Nationwide

Grants will Support Campus-Based Financial Literacy Programs and Initiatives

New Haven, CT, April 21, 2014—Higher One, a leader in providing financial services and data analytics to more than 1,900 colleges and universities nationally, has opened the application process for its annual Financial Literacy Counts Grant Program, which supports campus-based financial literacy education programs and initiatives.

The grant program is open to any accredited, non-profit college or university in the U.S., and an independent review committee made up of higher education administrators selects recipients. New this year, Higher One has added a category specifically for proposals that support peer-mentoring programs on campus. Applicants can apply for this new grant category in addition to applying for grants that support creative and innovative financial literacy programs, activities or initiatives.

Selected institutions will receive grants between $2,000 and $5,000 to support student awareness campaigns, workshops, peer-mentoring programs, online financial literacy tools or other innovative activities that provide opportunities for students to increase their personal financial management skills and abilities. For the 2013-14 academic year, Higher One distributed over $50,000 to 16 institutions through the program, after receiving almost 90 applications from 30 states.

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Higher One Announces Appointment of New President and CEO

Marc Sheinbaum to Succeed Mark Volchek as President and CEO of Higher One Holdings, Inc.

New Haven, CT, April 16, 2014Higher One Holdings, Inc. (NYSE: ONE), a leading provider of financial services and data analytics to over 1,900 colleges and universities, announces that Marc Sheinbaum has been appointed as President and Chief Executive Officer of Higher One Holdings, Inc., effective today. Sheinbaum succeeds Company Co-Founder Mark Volchek, who will work closely with Mr. Sheinbaum to ensure a smooth transition. Mr. Volchek will remain on the Board of Directors and Mr. Sheinbaum will join the Board as an additional member.

Mr. Sheinbaum joins Higher One after leading JPMorgan Chase’s auto and student loan business as President and Chief Executive Officer for six years. During his tenure, Mr. Sheinbaum oversaw one of the largest providers of auto and student loans in the U.S., a unit with over 5,000 employees. Here, he more than doubled net income. Prior to this, Mr. Sheinbaum spent 15 years at GE in its consumer finance business, ultimately serving as President and Chief Executive Officer of GE Money Services, a role in which he oversaw the development of innovative value-added services.

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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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