MCC Offers New, Faster Refund Service
(Bradenton, Fla., July 10, 2006) - Manatee Community College (MCC) is partnering with Higher One, a leading provider of customized financial services dedicated exclusively to the higher education market, to provide an improved refund management service to students. MCC is the 41st college to sign on with Higher One.
Implementation of the new refund management service allows students use of a free FDIC-insured checking account linked to their MCC OneCard, which is a debit MasterCard that can be used wherever MasterCard is accepted worldwide.
"At MCC, our priority is to provide students with convenience, choice and rapid response. Higher One allows us to accomplish all three of these objectives while saving on administrative costs," said Dr. Carol Probstfeld, vice president, business and administrative services.
The refund management service streamlines the disbursement process, including handling of disbursements, customer service, reconciliation and other time-consuming functions. It eliminates many costs associated with refund delivery and reduces information technology and data security risks.
Students may choose one of three options to receive financial aid and other refunds: direct deposit to the free OneAccount checking account (same-day service), automatic check handling (ACH) for deposit into another bank checking account (one to three days) or a paper check (five or more days). Find out more online about the Higher One service for MCC students at www.MCCOneCard.com.