We use the Higher One refund process. It is a Debit Card issued to the
students. The Higher One program has streamlined our refund process to
the point of saving the college over 1200 man hours per year, plus the
cost of checks and paper normally used in the check issuing process, in
addition to getting the students their money at least a week or two
sooner.
Our students have accepted the program with great enthusiasm and are
looking forward to the many enhancements that Higher One is developing.
I would be happy to provide you with any additional information you want
or answer any questions you may have, just give me a call at my office
number.
Richard Jacobs
Director of Student Accounts
Flagler College
St. Augustine, FL 32084
Ph. (904) 819-6279
Fax (904) 826-0094
________________________________
From: bursar-l-bounces@list.mail.virginia.edu
[mailto:bursar-l-bounces@list.mail.virginia.edu] On Behalf Of
ogendron2@spfldcol.edu
Sent: Friday, February 15, 2008 2:52 PM
To: bursar-l@virginia.edu
Subject: bursar-l: Student Debit Cards
Hello Fellow Colleagues,
I've been told that students can have debit crads issued through their
school for direct deposit of student refunds. Are there any schools that
are doing this and can you give me any information as to how this works.
Does the school market to national banks (I would assume a nat'l bank as
students come from across the states) for bidding? Would it be used
soley for refunds or can students also work study included? I was told
that the cost could be free to the school and the student since the bank
would aquire a substantial number of new accounts with some of them
having the potential to become permanent customers. Are there any state
regulations? (For example, can the student be forced to open an account
against their will). I know nothing about this but I am very much
interested in pursuing this if it proves successful. Thanks for any info
anyone can give me.
Olivia L. Gendron, MS
Bursar
Springfield College
263 Alden Street
Springfield, MA. 01109
Phone (413) 748-3183
Fax (413) 748-3483
Olivia_L_Gendron@spfldcol.edu
************************
This email contains CONFIDENTIAL information intended only for the use of the addressee(s) named above. If you are not the intended recipient of this email, you are hereby notified that any dissemination or copying of this email is strictly prohibited. If you have received this email in error, please notify us by reply email and delete this email from your records. Furthermore, the contents of this email do not necessarily represent official policy of Flagler College.
************************
Bursar-l Archives: http://fa1.finadmin.virginia.edu/bursar/
Subscribe or Unsubscribe: https://list.mail.virginia.edu/mailman/listinfo/bursar-l
Received on Mon Feb 18 08:10:32 2008
This archive was generated by hypermail 2.1.8 : Mon Feb 18 2008 - 08:10:32 EST