SOURCE: University Business

University Business

July 17, 2012 08:00 ET

University Business Magazine and Higher One Honor 8 Colleges and Universities as "Models of Efficiency"

NORWALK, CT--(Marketwire - Jul 17, 2012) - University Business magazine and Higher One are honoring eight colleges and universities in the summer 2012 round of their Models of Efficiency program.

The magazine's national recognition program, run in partnership with higher education business solutions provider Higher One, honors colleges and universities that streamline operations to deliver superior services while meeting the business and technology challenges of today's campus. The latest honorees are featured in the July/August issue of University Business.

"We launched Models of Efficiency to highlight institutions of higher learning that are creating solutions to common challenges in higher education," says Tim Goral, editor-in-chief of University Business. "We identify schools that have created replicable solutions so that other institutions can learn from them."

Innovations from this round include a more efficient Web-based enterprise asset management system that saved one institution thousands of hours of technical support, an electronic faculty course management system that saved a college over $1 million annually, and a more convenient bookstore purchasing system that eliminated over $40,000 in one university's annual credit card fees.

The summer 2012 honorees are: Iowa State University; Northern Arizona University; Old Dominion University; Northeast Wisconsin Technical College; Texas A&M Health Science Center; California State University, San Bernardino; Embry-Riddle Aeronautical University, Worldwide Campus; and Western Washington University, which was honored twice for two different departments.

Full descriptions of honorees' projects, as well as those of past rounds and application information for upcoming rounds, can be found at

"It's a very rewarding experience to partner with University Business in recognizing efficiency on campuses across the country," says Mark Volchek, CEO of Higher One, the program's sponsor. "The creativity, tenacity and determination demonstrated by these Models of Efficiency are inspiring to other schools and to us at Higher One, as we continue to streamline costs in campus business offices to provide more value to students."

About University Business
University Business ( is the most widely received, most regularly read publication for higher education leaders at two- and four-year colleges and universities nationwide. UB covers higher education technology, news, finance, policy, profiles and more across print, digital and in-person event platforms.

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 6.2 million students at distinguished public and private higher education institutions nationwide. More information about Higher One can be found at

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