Founded in 2000, Higher One provides higher education institutions and their students with efficient, convenient and easy-to-use solutions to handle financial disbursements. These include student refunds, on-campus and community purchases, payroll and employee expenses, as well as the collection of payments from students, parents, and sponsors.
Higher One offers a suite of online banking services including the OneAccount, an FDIC- insured checking account, and OneCard, a Debit MasterCard®. To date, Higher One has disbursed over $8.1 billion dollars in refunds for its clients to more than 2,000,000 students, faculty, and staff at over 325 distinguished public and private higher education institutions throughout the country.