Students, you have 3 choices on how you would like to receive your Financial Aid Disbursement through HigherOne. All 3 choices offered are free!
- PeraltaCard – One Account*: Same-day deposits to your HigherOne account and you use your PeraltaCard as a Debit Card.
- Direct Deposit – This option allows you to have your disbursement deposited to your existing bank account (i.e. Wells Fargo, Bank of America, Credit Union, etc…)(your disbursement is available in 2-3 business days from when the funds are wired to HigherOne).
- By paper check – A check is mailed to your home (your disbursement will arrive in 5 – 7 business days from when the funds are wired to HigherOne).
*Please note: The OneAccount offered by HigherOne is a free service, there are NO monthly fees associated with this account. If you select to open the OneAccount/flex or the OneAccount/Premier accounts, there is a monthly service fee.
Below you will find with the OneAccount the Services that have no fees:
|Minimum Balance Charge||No minimum balance required|
|Online Bill Payment Service||No additional fee|
|Check Writing||No additional fee|
|Electronic Statements||No additional fee|
|Higher One ATM Transactions||No additional fee|
|Signature Debit MasterCard® Transactions||No additional fee|
|MasterCard Zero Liability Protection Provided by Higher One||No additional fee
(Paid for by Higher One when you “Swipe and Sing” for purchases)
|Incoming Wire Transfer (Domestic and International||No additional fee|
|Add Money to the OneAccount||No additional fee|
|Family and Friends Send Money||No additional fee|
|Transfer Money Between OneAccounts||No additional fee|
|24/7 Customer Service Access by Email with EasyHelpSM and via Automated Phone Services Line||No additional fee|
To see a list of fees associated with your PeraltaCard and how to avoid those fees, please click here.