Into the BLUE

Southern University provides new options for students to receive their refund money in a more timely manner. 
“This is the key to unlocking how students receive their refunds,” said Aaron Poach, Campus Relations Coordinator of Higher One Corporation.
The launch of the Jaguar Blue Card from Higher One, in partnership with Bancorp Bank, will offer a new option for students to receive their refund money. 
 ”This will hopefully get the students their refunds faster, resulting in happier students and leave a lot less paperwork for the University offices,” said Mark Trepangier of the Comptroller’s Office.
The allocation-of-funds process starts in financial aid where awards are declared, next the comptroller’s office calculates charges and processes the refunds; lastly, Information Systems Division creates a file to send to Higher One. The file is transported to a card, resembling student’s current IDs; the Jaguar Blue Card will become active in Spring 2011.
“Higher One will be able to direct deposit (one’s) refund on the same day as the information is received from the university. If a student chooses to have (his or her) refund deposited into a personal account it should take anywhere from one to three business days,” Poach said.
Higher One will provide an ATM on campus in Smith-Brown Memorial Union for students to have access to withdraw cash from their Higher One account. Students will be able to withdraw up to $500 daily free of charge.
“The Jaguar Blue Card is a MasterCard debit card and can be used anywhere MasterCard is accepted,” said Poach.
Students should make sure their address on Jagnet is correct. The Jaguar Blue Card will be sent to a student’s home and they must activate it on their own. 
“As long as the information is processed before two o’clock (during business days) the funds will be posted to the Higher One account that same day,” said Trepangier.
Students can choose whether to receive direct deposits into their personal checking account or open an Higher One account and get their refunds directly deposited onto the Jaguar Blue Card.
“Students can utilize gametime and view the activation demo on the Higher One website,” said Poach.
The Activation Demo website is, www.HigherOne.com/activationdemo. Game Time found at www.HigherOne.com/gametime is a resource for students with cards. EasyHelp is Higher One’s self-service customer care channel. Students can search for an answer to a question, or even ask a question they have about Higher One, or the OneAccount, 24 hours a day, seven days a week.
Students can direct deposit to the OneAccount through Higher One’s FDIC insured,
fully functioning checking account. Students can sign up for a Refund Notification to alert them when the money has been deposited into their account.