Higher One

Founded in 2000, Higher One is a leading company focused on helping college business offices manage operations and provide enhanced service to students. Through a full array of services from refunds, payments, electronic billing, payment plans and more, Higher One, Inc. works closely with colleges and universities to ensure students receive Financial Aid refunds quickly, can pay tuition and bills online, make on-campus and community purchases, and learn the basics of financial management.

Higher One saves Missouri State University over a million dollars annually

Adding SmartPay to existing Higher One suite slashes credit card fees

When its credit card fees hit $1.6 million in early 2011, Missouri State University officials decided there must be a better way. “Because it became so common for students and their family members to pay by credit card, the fees became unmanageable,” recalls Doug Willson, the bursar for the 23,000-student institution based in Springfield, Mo. In addition to reducing fee costs, MSU desired a means to move all card processing off-site to achieve efficiencies, improve data security and reduce burdens surrounding payment card industry (PCI) regulatory compliance.

Fresno State sees quick savings with electronic financial aid refunds

Higher One’s OneDisburse Refund Management funds disbursement service ends the need for the school to print and mail checks

California State University, Fresno, takes pride in its reputation as one of the leading public universities in the state, but last year the business staff discovered that Fresno State was lagging in one noteworthy area: the percentage of students electing to receive financial aid refunds electronically.