Financial services provider Higher One that specializes in financial aid disbursements to college students, has signed up another two-year institution to handle its financial aid refunds. The deal also provides students a co-branded card that will allow them to determine how they want to receive their refunds.
The college “decided to implement OneDisburse Refund Management because we feel confident Higher One can help us meet our goals for providing quality service to our students,” said Carol Hutson, controller at Texas-based Tyler Junior College.
“Our goal for the program is to increase student satisfaction with the remainder reimbursement process,” said Hutson. “This includes providing students access to their funds in a safer, more efficient manner while reducing the need to wait in long lines to pick up checks. We fully expect Higher One to help us accomplish these goals with little disruption to the students’ routine making their college experience a more positive one.”
The junior college will begin issuing refunds through Higher One at the beginning of the fall semester.