NEW HAVEN, Conn.--(BUSINESS WIRE)--The Coalition for College Cost Savings, a national member-owned non-profit organization consisting of nearly 900 private colleges across 30 states, announced a renewed partnership with Higher One, a leading provider of financial services and data analytics to more than 1,900 colleges and universities across the U.S. Higher One will continue to provide its full suite of CASHNet Payment Solutions to The Coalition’s Higher Education Member Organizations and their member colleges and universities.
Higher One’s CASHNet Payment Solutions provides students and their families the ability to pay any type of charge or fee online, anytime, through a credit card, ACH, debit card or foreign currency. Higher One also assists colleges in offering tuition payment plan services that help students and their families manage the growing costs of higher education.
Harry Goldberg, president of The Coalition for College Cost Savings, noted that “Higher One’s CASHNet Payment Solutions is a strong offering to our member institutions, who seek a powerful, yet simple and compliant solution to support the processing of all types of payments on campus.”
CASHNet Payment Solutions includes automated bill presentment and processing, secure online payments, a one-stop electronic payment processing solution for credit card transactions, in-person and mobile payments, customized payment plans, and online storefronts.
“Higher One and The Coalition for College Cost Savings share a common mission—which is to reduce operating costs, improve efficiencies and enhance customer service, freeing both students and institutions to focus on student success,” said Matt Dorf, senior vice president and general manager of CASHNet Payment Solutions at Higher One. “Our partnership with The Coalition is in its fifth year and together we have the potential to save member institutions millions of dollars.”
About The Coalition for College Cost Savings
The Coalition for College Cost Savings (www.thecoalition.us) is a 501(c)(3) non-profit organization, established in 2006. The Coalition was conceived as a catalyst for the first comprehensive and collaborative purchasing effort focused exclusively on independent, private higher education. The Coalition’s goals are to leverage the collective buying power of private colleges to reduce operating costs, improve the efficiency of internal procedures and ultimately lower the cost of delivering education. From the earliest conceptual discussions of its structure in 2004, the Coalition has grown to 34 member organizations in 30 states that collectively serve nearly 900 private colleges and over three million students.
About Higher One
Higher One (NYSE:ONE) partners with colleges and universities to lower their administrative costs and to improve graduation rates. We provide a broad array of payment, refund disbursement and data analytics and management tools to institutions that help them save money and enhance institutional effectiveness. And for students, we offer financial literacy programs and convenient, flexible and affordable transaction options to help them manage their finances. Higher One’s products and services support more than 1,900 schools and approximately 13 million enrolled students. More information about Higher One can be found at www.higherone.com.
