Higher One's OneDisburse^® Refund Management^® disbursement service offers Universities a completely new way of handling refund disbursements to students. Refunds are often generated when there is a residual amount of money left from a student’s financial aid. As the number of students receiving financial aid rises due to tuition increases, institutions will find themselves handling an ever-increasing number of refund disbursements to students. See how Higher One can help.

How the process works from the administration’s perspective

• A College or University will identify which students are eligible for a refund and the amount of each refund.
• The College or University sends a flat file to Higher One with an identifier for the student and the amount of the disbursement.
• The College or University wires Higher One the total amount for the disbursement.
• Higher One distributes each refund to the student based on the manner which they have selected.
• Higher One handles all exceptions and all customer service.