Welcome to the second Streamlined of 2009! My colleagues and I are proud to continue this series of publications designed to inform college and university administrators about new and innovative methods of streamlining business office operations.
Flagler College in St. Augustine, Fla., has been using Higher One's tuition payment services since August 2008. Richard Jacobs, Flagler's director of student accounts, discusses the school's experience with electronic tuition payment options.
TODAY’S JOBS MEAN NOTHING without tomorrow’s education. To be sure, stimulus dollars should be deployed to create jobs now. But that deployment also represents a once-in-a-generation opportunity to invest in the expansion of our nation’s educational capacity and facilities.
When a college or university partners with Higher One to provide electronic refund disbursement, students are given the option of depositing their refunds into a no monthly fee, no minimum balance Higher One checking account, called a OneAccount. Casey McGuane, Higher One's chief service officer, provides answers to common questions about the OneAccount.
Seeking an alternative to the slow and inefficient system of mailing financial aid and other refund checks to students, Imperial Valley College set up its own direct deposit system. The only problem was just one out of 10 students signed up.
Today’s economic conditions are monopolizing discussions among leadership teams and boards of trustees at many colleges and universities. It is a nerve-wracking time, to say the least. Financial stresses now loom very large in pending decisions about enrollment, tuition increases, net revenue, financial aid policies, and discount rates.
Here are four immediate strategies to consider how to manage these challenges in ways that do not compromise an institution’s long-term strategy and sustainability: