Augusta State is one of 14 institutions in the University System to partner with a financial services company to improve the disbursement of financial aid and tuition refunds. Beginning in December, ASU will no longer issue financial aid and refund checks and will outsource that function to HigherOne, Inc.
The Higher One card will have to be activated so students can choose their preferred method of disbursal—either through a Higher One account, through their current bank, or by paper check. All students are being encouraged to go ahead with the activation in the event they might later need a tuition refund.
“Students will find this disbursal method to be of great benefit because it eliminates the long lines waiting for check distribution, and it can get them their financial aid faster,” says Angela Prettelt, director of financial services. “We are not requiring students to open a Higher One account to receive financial aid; however, they do have to activate the card so that the financial aid can be processed and distributed in the manner they choose,” she adds.
A Higher One ATM machine is being installed in the Jaguar Student Activities Center to provide local service to the students choosing to open an account. This complements a Wachovia ATM already located on campus.
“This card does not replace the JagCard,” says Ms. Prettelt. “The JagCard is the university’s ID card and it can be used throughout campus for a variety of services.”
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