As a limited promotion to celebrate the launch of our new service, BankMobile Disbursements (formerly Higher One Refund Management® Disbursement Service), is pleased to offer you promotional pricing.
As an institution with fewer than 5,000 students you are eligible for a rate of $5,000 per year plus transactions. This offer includes deployment, refund disbursement, reporting, compliance support and student service with a three year contract commitment
Read the offer letter you received in the mail here.
We streamline operations for administrators through an electronic disbursement program while improving delivery times of funds to students.
Our service creates significant cost avoidance with regards to paper check or ACH disbursement processes.
We manage the entire process—saving your institution time, money and headaches.
An administrator-only help desk, student customer service through a customer support line, online FAQs, email, social media and more.
Our service is focused on the Department of Education regulations and we provide a compliance exam to the Department of Education annually on behalf of all of our clients.
For a look at a sample contract, click here.
Our service is simple to start:
We provide a full service offering and handle all exceptions including:
Our full support team will get you running in 8-12 weeks.
Read about our easy launch process and timeline here.
In addition to Refund Management services, BankMobile also offers: electronic payroll and work-study payments, PLUS loan disbursements and a student ID program.