Company Announces Tuition Freedom Sweepstakes, Grand Prize Winner to Receive up to $120,000 to Cover College Tuition Costs

[New Haven, CT, May 16, 2013]—Higher One, a leader in providing service solutions to higher education administrators and students at more than 1,600 campuses across the U.S., has announced its Tuition Freedom Sweepstakes, which will award one student up to $120,000 to cover the cost of college tuition. The sweepstakes provides the winning student the opportunity to graduate college without the burden of student loans.

“Higher One’s Tuition Freedom Sweepstakes will positively change the life of one lucky student,” said Miles Lasater, president and co-founder of Higher One. “As the national conversation brings attention to the issue of rising college costs and growing student debt, we work every day to help our university clients more effectively change the lives of millions of students.”

May traditionally marks the time when students finalize their college plans, in part based on their financial aid packages and student loan offerings. According to Mary Johnson, Director of Financial Literacy and Student Aid Policy at Higher One, this year also offers a new opportunity—a chance to live without student loan debt.

“The recently released report, Money Matters on Campus, found that 72 percent of incoming college students worry about money and student loan debt,” said Johnson. “At Higher One, we identified this sweepstakes as an opportunity to provide peace of mind to one student to graduate without the burden of tuition debt.”

The sweepstakes entry period is open through July 31, 2013, to all full- or part-time undergraduate students at a two- or four-year accredited college or university in the U.S., as well as to students who have completed undergraduate studies within the past six months. Official sweepstakes rules and entry form are available at www.tuitionfreedom.com.

Acquisition Strengthens Higher One’s Payment and Refund Service Capabilities

New Haven, Conn., and Newark, Del. – May 7, 2013 – Higher One Holdings, Inc. (NYSE: ONE) and Sallie Mae (NASDAQ: SLM) today announced that Higher One has acquired Sallie Mae’s Campus Solutions business. Sallie Mae’s Campus Solutions provides business-to-business solutions, including e-commerce and billing payment solutions, refund disbursement services, and tuition payment plan administration, to college and university business offices across the country. Higher One is a leader in providing financial services and data analytics to college and university campuses across the U.S.

[New Haven, CT, April 10, 2013]—Higher One, a leader in providing services to higher education administrators and students at more than 1,300 campuses across the U.S., has opened the application process for its third annual Financial Literacy Counts grant program, which supports financial literacy programs and initiatives on college and university campuses.

Selected institutions will receive grants totaling between $2,000 and $5,000 each to support student awareness campaigns, workshops, online financial literacy tools and other activities and resources that promote financial literacy and provide opportunities for students to increase their personal financial management skills and abilities.

The U.S. Congress recognizes April as Financial Literacy Month, and the Financial Literacy Counts grant program is an example of Higher One’s continued mission to support financial literacy among college students by providing needed resources and promoting effective initiatives on campuses—Money Matters on Campus, a recent survey of 40,000 college students, found that 79 percent of college students worry about debt.

“Higher One’s engagement with over 10 million college students across the country has strengthened our commitment to develop real-world money management programs with our partner institutions,” said Mary Johnson, Director of Financial Literacy and Student Aid Policy at Higher One. “The Financial Literacy Counts grants help institutions create and implement much needed curricula and programs.”

The Financial Literacy Counts grant program is part of the company’s Higher One CARES (Community Action for Resources Education and Service) initiative, which was formed by employees of the company to identify opportunities for community involvement and engagement.