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Instead of a paper check in their mailboxes, students at Santa Fe College, Gainesville, Fla. are receiving anothert option of having their financial aid checks deposited directly into their accounts.
Ginger Gibson, the college’s vice president of finance, said the switch to the Higher One-backed service has been nearly a decade in the making, spurred by student input.
“They were the ones who came to us initially,” she said. “They’ve always wanted options.”
As with other institutions serviced by Higher One, students can receive their financial aid in one of three ways: deposited directly into the bank of their choice, deposited into a OneAccount managed by Higher One and linked to the card, or mailed as a check.
Read more here.
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