University Business Magazine and Higher One Honor Seven Colleges & Universities for Being ‘Models of Efficiency’

Norwalk, CT – August 9, 2010 – University Business magazine and Higher One are honoring seven colleges and universities in the summer 2010 round of its ‘Models of Efficiency’ program. Each honoree represents new approaches that streamline operations to deliver superior services to students and other constituents in less time and at lower cost.

‘Models of Efficiency’ is a national recognition program implemented by the magazine, in partnership with Higher One, to honor institutions of higher learning that meet the education business and technology challenges of today’s campuses.

College Students Call on Schools and Financial Institutions for Improved Financial Education

National Survey Finds Students’ Confidence in Managing Money Waning, More Financial Literacy Needed

New Haven, CT – July 27, 2010– College students need better financial literacy education and they think their schools, banks and other financial institutions are the ones who should be providing it, according to a national survey released today by Higher One Holdings, Inc.

Nearly 70 percent of the students polled believe that their colleges and universities need to increase financial literacy initiatives and expand programs that teach students the skills they need to successfully manage their money. Similarly, 85 percent of the students surveyed believe that banks and other financial institutions should be doing more to encourage and enhance money management skills.

When asked about who should provide personal finance education, more than three times as many students responded that they believe their school is responsible than those who think it is their parents’ responsibility.