At College of the Canyons financial aid funds are disbursed through Higher One refund services. Higher One is a vendor that College of the Canyons has contracted with to manage the disbursement of financial aid funds to students. A Higher One Debit MasterCard will be sent to all financial aid applicants with detailed instructions on how to choose the method of disbursement. It is important that you follow the instructions from Higher One and CHOOSE how you would like your financial aid disbursement sent to you. You can choose to activate the Higher One account (the debit card sent to you) and have your financial aid funds deposited there, OR you can choose to have your funds deposited into an existing checking/savings account through ACH, OR you can choose to have a paper check sent to you. You are NOT REQUIRED to activate the Higher One card to receive your financial aid disbursement. The card is sent to you as an authorization key to login and make your disbursement selection.
What do students need to do?
Make sure we have your current mailing address!
· Under the My Canyons Profile section, click "Change Contact Information"
Then, look for the BRIGHT GREEN ENVELOPE from Higher One! Once it arrives, you’ll simply use the card inside to let us know how you would like to receive your money. Just choose the option that best fits you…and be sure to get started as soon as it arrives! Remember, even if you are ineligible for financial aid at College of the Canyons; do not throw the card away. You will need this card to receive your financial aid disbursements if your eligibility changes in future semesters, so don’t wait.
Information for OneAccount holders:
The OneAccount is a non-interest bearing, internet-only checking account, serviced by Higher One. With the OneAccount you get an account with no minimum balance requirements, fast and easy ways to make deposits, free mobile deposit technologies and text alerts you can use on-the-go, from anywhere.
There are fees associated with the One Account. It is important that you carefully review the Fee Schedule online at www.canyonschoicecard.com before making your disbursement method selection.
Have additional questions?