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SOUOne Card

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... to student's bank account (through US Bank) or student picks up check at Business Services ... Why is SOU teaming up with a bank to issue us ID? ... – PowerPoint PPT presentation

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Title: SOUOne Card


1
  • SOUOne Card

2
The SOU OneCard
  • Official University ID Card
  • On Campus Uses
  • Universitys Health, Library, Business, Financial
    Aid, Copying, Registration Services, Athletics,
    others.
  • Housing services starting next Fall term
  • Optional Debit Card

3
The Financial Aid Process
Currently
Starting Winter Term
  • Financial aid packages awarded by SOU Financial
    Aid office
  • SOU Financial Aid office provides the SOU student
    account with aid dollars
  • SOU Business Services disburses student credit
    balances (refund) to students by direct deposit
    to students bank account (through US Bank) or
    student picks up check at Business Services
  • F same inancial aid packages awarded by SOU
    Financial Aid office
  • S same Financial Aid office funds SOU student
    account with aid dollars
  • SOU Business Services disburses student credit
    balances (refund) to students by direct deposit
    to students bank account or student receives
    check in the mail (through HigherOne)

4
All University Refunds
  • Choose your preference when you login to
    www.souone.com after receiving your card

Amount of Timeto Get Your Refund
Refund Choice
OneAccount ACH to 3rd Party Bank Paper Check
Same Day
1 to 3Business Days
5 to 10Business Days
5
Making Your Card Active
  • Youve already had your photo taken
  • Youve updated your Mailing address on SIS Web
  • Your SOU OneCard will be mailed out at the end
    of the month (Nov. 2004) to that address
  • As soon as you receive your card you should logon
    to www.souone.com to choose how your refund will
    be processed
  • Your card is activated

6
Student Questions
  • I appreciate the direct deposit done by SOU
    Financial Aid and have found it to be very useful
    in my situation. I am only interested in speaking
    to FA for my financial needs, but not a person
    who may be in Texas or Connecticut.

7
Student Questions
  • The paper trail for cutting checks is not looking
    good. I understand that a check from your new
    contracted vendor could take up to 14 days for my
    bank to approve.

8
Student Questions
  • I am not interested in activating my financial
    aid through another institution. That IS one more
    person to complicate my financial aid. Why
    should I be forced to use another bank and
    another person to see my confidential life? SOU
    is who I want to work with and they have done a
    superb job of helping me and supporting my needs.

9
Student Questions
  • Do I have to open a checking account with them to
    use the card as a debit card?

10
Student Questions
  • What are the fees associated with having my
    financial aid deposited into my current checking
    account and what are the fees for having them cut
    a check? And how do these fees compare to your
    current fee structure?

11
Student Questions
  • How will this affect my Sally Mae? With this loan
    I have to endorse the check before it can be
    processed. This last term it came here. This was
    simple. Will it be this simple with a bank
    located on the east coast?

12
Student Questions
  • What exactly are the fee differences between
    getting the checking account and just having the
    card as an ID?

13
Student Questions
  • How will the fees I accrue on campus throughout
    the term be processed now that this company is
    handling the financial aid? Currently my fees are
    paid at the beginning of each term with my new
    award money, will I still be able to do this?

14
Student Questions
  • How will this company treat my money and how will
    I be respected as an individual paying student at
    Southern Oregon University?

15
Student Questions
  • How many SOU staff will be laid off? Does this
    new company use foreign labor?

16
Student Questions
  • I have always bragged about the efficient
    financial aid office here at SOU, I guess that
    this is now obsolete information. I see nothing
    but a new layer of bureaucratic red tape, longer
    waits for my money, higher fees for transactions,
    less security, and one more level of stress to
    deal with as I wait for my financial aid to be
    shipped to the East coast, and then back to here.

17
Student Questions
  • It is my understanding that  financial aid money
    is being deposited directly into Higher One
    accounts without student consent.  Currently your
    financial aid  website specifies, it would seem
    incorrectly,  that  direct deposit is an option
    for each student.   Please think twice about
    taking away that option.

18
Student Questions
  • Please let it be known that I have no interest in
    having a bank card from you, SOU or Higher One,
    whoever that may be. I will not pay any fees that
    you try to charge me. It is not okay that you are
    trying to coerce students into having bank cards
    through you, SOU or Higher One. This is designed
    to make more money off of those of us who are
    trying to get an education.

19
Student Questions
  • Does everyone receive this new card or just those
    on financial aid? Why does it have a master card
    logo?

20
Student Questions
  • Does this mean that I have to have this debit
    card in order to receive my financial aid? Will
    this card be linked to the account that I have my
    aid deposited to? If this is the case what sort
    of security are you offering me? If somebody
    steals my ID can they spend all of my financial
    aid?

21
Student Questions
  • Why is SOU teaming up with a bank to issue us ID?
    What does a corporation have to do with my
    federal aid?

22
Student Questions
  • How is my personal information protected?

23
  • Thank You!For more information and card
    activation go to
  • www.SOUOne.com
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