Economy

Aid Directors: Are You Ready For The Summer?

Is there a crisis looming in the student loan industry? Are we in the midst of one already? Depending on what you read, the answer is both "yes" and "no."

A Very Bumpy Ride

 

AS I WRITE THIS, OIL IS AT $135 A BARREL; gas pump prices have topped $4 almost everywhere. Some airlines are charging a $15 fee for the first checked bag-on top of a $25 fee for checking a second bag-to help offset fuel costs.

Thinking Globally, Learning Locally

How technology can enable high-quality mass higher education for the 21st century

The worldwide demand for higher education and lifelong learning has never been greater. Colleges and universities around the globe need to scale up their offerings to cater to a mass influx of students, for whom a degree is their passport to the 21st-century workforce. Yet, they must do this in an environment where funding is often constrained and costs continue to spiral upward.

The Windfall Gift

What large gifts mean for endowment managers and other campus leaders
 

IT'S AN ELECTION YEAR, SO we're hearing a lot about income and wealth inequality in the United States. The rich seem to be getting richer, in part because a few sectors of the economy are creating incredible wealth for those who participate in them. These people want their wealth to have an impact on charities that they support.

One card yields many benefits at Sam Houston State

University makes life easier for students with Higher One Bearkat OneCard
 

For students at Sam Houston State University, a slim wallet-size card is the key to getting financial aid refunds, a paycheck from a campus job, access to the dorm, a good book , a good meal and more.

Higher One gives Webster University the benefits of electronic refunds without the worries of storing banking data

Vickie Fredrick is associate vice president for finance at Webster University in St. Louis. The university was looking to distribute refunds electronically but did not want to obtain and store student banking information itself, so it turned to Higher One. Ms. Frederick and her colleagues, Norm Senaldi and Mary Petersen, spoke about their experience..
 

Student refunds are a major process here. We have campuses all over the United States, and we were issuing all paper checks. It involved a lot of staff time, print costs, postage costs.

Use of electronic payments is growing quickly at Heartland Community College

Sue Gilpin is the Controller at Heartland Community College in Normal, Ill. The college has been using Higher One's OneDisburse refund management system for over a year and will soon expand its use because of the implementation of a new student loan program. Ms. Gilpin recently spoke with Streamlined about Heartland's experience with Higher One.
 

We have about 5,000 credit students who are here for their Associates Degree or taking vocational classes. We also have about 5,000 community education students who are just taking classes for enjoyment or personal enrichment.

Communication with many campuses is key to success

Higher One's electronic refund program adds convenience for Troy University's diverse student body, and improves employee morale
 

The decision-makers at Troy University knew that issuing refunds electronically would make the process more efficient, especially for a university with 35,000 students studying at more than 60 campuses. But it also had an unexpected benefit.

Putting refunds into student hands quickly and safely

With Higher One, State College of Florida, Manatee-Sarasota streamlined student refunds and ended problems with lost checks.
 

Issuing refunds from financial aid and tuition overpayments to students used to be a time-consuming and labor-intensive affair at State College of Florida, Manatee-Sarasota (SCF), just as it is at many colleges and universities. Inefficiency was only part of the problem.

Florida's Flagler College is leading the way to a cashless future

Richard Jacobs is director of student accounts at Flagler College in St. Augustine, Fla., which uses several of Higher One's payment management solutions. As a member of the Higher One Product Steering Committee, Mr. Jacobs has been influential in guiding the development of several of the company's products.
 

I want to move as far as possible into this world because it is what students are used to. They know technology. They do not want to go to offices to fill out paper forms.

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