Higher One Expands Services across 60 Campuses and Achieves 100% Renewal Rate in the First Half of 2012

400,000 More Students Gain Access to Higher One Services in the First Two Quarters

NEW HAVEN, Conn.--(BUSINESS WIRE)--Higher One, a leader in providing financial services and data analytics to over 1,250 college and university campuses across the U.S., announces that during the first and second quarters of 2012, more than 60 campuses signed up for either OneDisburse® Refund Management® funds disbursement or CASHNet® suite of payment services. Also during this time, Higher One upheld a 100% client retention rate, renewing 24 contracts.

“Our close relationships with campuses across the nation have afforded us the opportunity to appreciate and adapt quickly to evolving institution and student needs, continually making our offerings stronger”

New and renewed clients include:

• California State University Fresno, California
• Eastern Michigan University, Michigan
• Los Angeles Community College District, California
• The Ohio State University, Ohio
• Southern Connecticut State University, Connecticut
• Tarrant County College District, Texas
• University of Louisville, Kentucky
• University of West Florida, Florida

“Our close relationships with campuses across the nation have afforded us the opportunity to appreciate and adapt quickly to evolving institution and student needs, continually making our offerings stronger,” said Rob Reach, Chief Sales Officer at Higher One. “Not only have we been able to expand our reach through our financial refund and payment services, but diverse offerings like our Campus Labs suite of intelligence tools for administrators and our newly launched banking services for students promise to keep Higher One at the forefront of delivering efficiencies and convenience to higher education.”

College and university systems continue to turn to Higher One for multiple services on their campuses. Sixteen new campuses in the Louisiana Community & Technical College System and six campuses at The Ohio State University are adopting CASHNet Suite of Products for payment processing or OneDisburse Refund Management funds disbursement for managing financial aid refunds.

About Higher One

Higher One Holdings, Inc. (NYSE: ONE) is a leading company focused on creating cost-saving efficiencies for higher education institutions and providing high-value services to students. Higher One offers a wide array of technological services on campus, ranging from streamlining the institution’s performance analytics and financial aid refund processes to offering students innovative banking services, tuition payment plans, and the basics of financial management. Higher One works closely with colleges and universities to allocate resources more efficiently in order to provide a higher quality of service and education to students.

Founded in 2000 on a college campus by students, Higher One now serves more than half of the higher education market, providing its services to over 1,250 campuses and 10.5 million students at distinguished public and private institutions nationwide. More information about Higher One can be found at HigherOne.com.