Higher One University and College Client Wins Grow and Renewals at over 99%

Higher One Signs Over 25 Contracts and 10 Renewals with Clients in Higher Education in the Fourth Quarter
Higher One Expands Services to Approximately 200,000 More Students in the Fourth Quarter

[New Haven, CT – March 12, 2012] – Higher One, a technology and payment services company focused on higher education, announces that during the fourth quarter of 2011 it added over 25 new OneDisburse® Refund Management® funds disbursement clients and clients who will be using various modules of the CASHNet® suite of payment services. Higher One now serves more than 800 college and university campuses across the U.S. In addition, Higher One renewed contracts with more than 10 existing customers during this timeframe, upholding its near-perfect client retention rate.

New and renewed clients include:

 Cleveland State University, Ohio
 Georgia Highlands College, Georgia
 Louisiana Community & Technical College System (three colleges), Louisiana
 Southern New Hampshire University, New Hampshire
 State University of New York College at Plattsburgh, New York
 University of Akron, Ohio
 University of Bridgeport, Connecticut

“Momentum in the Pacific Northwest as well as the Northeast builds,” said Rob Reach, Chief Sales Officer at Higher One. “Around the country, we are seeing our payment and refund solutions become a trusted choice for institutions that have received even stronger directives to increase efficiencies. Complementing those cost savings, we are offering students three checking account options that are transparent, low-cost banking solutions that fit their lifestyle.”

Institutions continue to turn to Higher One for multiple services. Both Louisiana Community & Technical College system and SUNY Plattsburg are current OneDisburse Refund Management funds disbursement service clients that have adopted or now have access to the CASHNet Suite of Products.

About Higher One
Higher One Holdings, Inc. (NYSE: ONE) is a leading company focused on helping college business offices manage operations and providing enhanced service to students. Through a full array of services from refunds, payments, electronic billing, payment plans and more, Higher One works closely with colleges and universities to ensure students receive Financial Aid refunds quickly, can pay tuition and bills online, make on-campus and community purchases and learn the basics of financial management.

Higher One provides its services to approximately 6.0 million students at distinguished public and private higher education institutions nationwide. More information about Higher One can be found at HigherOne.com.

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