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Higher One, Campus Management form alliance to increase efficiency and offer more student choice
June 6, 2013
Higher One and Campus Management have partnered to integrate products. The partnership will provide Campus Management clients using CampusVue Student, an academic and administrative platform, with the ability to integrate Higher One’s CASHNet payments suite, in addition to its OneDisburse Refund Management funds disbursement service.
Through CampusVue Student, administrators, faculty, and advisors leverage a centralized database and automated workflows to speed services to students.
Based in West Virginia, Valley College has experienced 100% growth since implementing CampusVue Student almost 12-months ago, which includes a doubling of its student and revenue base, while only need to increase its staff by 25%.
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Higher One Expands, Again
Thomas MacMillan
May 10, 2013
What can you buy for $47.25 million?
If you’re New Haven tech powerhouse Higher One, that much money will get you an existing company with 60 employees and several hundred clients.
Higher One got all that when it bought Sallie Mae Campus Solutions on Tuesday. It purchased the company and its assets outright in an “all-cash transaction valued at approximately $47.25 million,” the company reported.
It’s the second acquisition in less than a year by Higher One, a fast-growing Science Park-based New Haven-bred company that symbolizes the city’s and state’s bet on tech as an engine of urban job creation.
Campus Solutions, a division of student loan company Sallie Mae, offers similar services as Higher One: Helping college and universities process financial transactions.
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BRIEF-Higher One acquires Sallie Mae's campus solutions business for $47.25 mln
May 07, 2013
May 7 (Reuters) - Higher One Holdings Inc :
* Acquires Sallie Mae's campus solutions business
* Says all-cash transaction valued at approximately $47.25 million
* Source text for Eikon
* Further company coverage ((Bangalore Newsroom; +1 646 223 8780)) |
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Higher One Buys Sallie Mae's Campus Payments Arm for $47 Million
May 08, 2013
Higher One, a company best known for streamlining the process by which colleges channel federal aid funds to students, said Tuesday that it has agreed to purchase the Campus Solutions arm of Sallie Mae that two years ago sought to compete with it. Higher One valued the purchase of the Sallie Mae business -- which works with campus business offices on billing payment solutions, refund disbursement services, and tuition payment plan administration -- at $47.25 million. Higher One has been growing; last year it bought Campus Labs, a student affairs analytics company. |
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