[April 21, 2014]

Higher One Opens Financial Literacy Counts Grant Program to Colleges and Universities Nationwide

Higher One, a leader in providing financial services and data analytics to more than 1,900 colleges and universities nationally, has opened the application process for its annual Financial Literacy Counts Grant Program, which supports campus-based financial literacy education programs and initiatives.

The grant program is open to any accredited, non-profit college or university in the U.S., and an independent review committee made up of higher education administrators selects recipients. New this year, Higher One has added a category specifically for proposals that support peer-mentoring programs on campus. Applicants can apply for this new grant category in addition to applying for grants that support creative and innovative financial literacy programs, activities or initiatives.

Selected institutions will receive grants between $2,000 and $5,000 to support student awareness campaigns, workshops, peer-mentoring programs, online financial literacy tools or other innovative activities that provide opportunities for students to increase their personal financial management skills and abilities. For the 2013-14 academic year, Higher One distributed over $50,000 to 16 institutions thrugh the program, after receiving almost 90 applications from 30 states.

April is nationally recognized as Financial Literacy Month, and the Financial Literacy Counts Grant Program is an example of Higher One's mission to improve financial literacy among college students by providing needed resources and promoting effective initiatives on campuses.

"We are committed to developing real-world and student-focused money management programs and activities-and the Financial Literacy Counts grant program helps institutions create and implement much needed curricula and programs," said Mary Johnson, director of Financial Literacy and Student Aid Policy at Higher One. "As research continues to show that institutional and peer-based programs can have positive impacts, Higher One strives to ensure their success."

Money Matters on Campus, a recently released research study sponsored by Higher One, surveyed 65,000 first-year college students on financial attitudes and behaviors and found that campus-based financial literacy education programs should use innovative approaches to address attitudinal, behavioral and demographic differences among students early on in their academic careers.

The grant proposal submission deadline is May 30, 2014, and any accredited, non-profit college or university in the U.S. is eligible to apply. Visit the official site for more details.

About Higher One

Higher One Holdings, Inc. (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 is a leader in higher education, supporting more than 1,900 schools and 13 million enrolled students. More information about Higher One can be found at www.higherone.com.

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