Higher One Announces Appointment Of Chief Compliance Officer

Higher One Holdings, Inc. (NYSE: ONE), a leader in providing financial services and data analytics to over 1,250 college and university campuses across the U.S., today announces the appointment of Suzanne Cafferty Ross as Chief Compliance Officer at its wholly-owned subsidiary, Higher One, Inc., effective immediately.

Ross, who has 35 years of experience within the banking industry, is responsible for internal oversight in creating a compliance management system recognized as best practice in both banking and higher education. She has served as Chief Compliance Officer at three different banks—most recently at the newly capitalized BankUnited where she assessed, reordered, and created new Regulatory Compliance review, tracking, and training processes.

“Suzanne is an important addition to the team as we add more offerings and push to set the industry standard for regulatory compliance,” said Mark Volchek, Chief Executive Officer of Higher One.

About Higher One Holdings, Inc.

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 10.8 million students at distinguished public and private institutions nationwide. More information about Higher One can be found at www.ir.higherone.com.

Copyright Business Wire 2010

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