FSCPlusCard – A New, Faster Way to Get Refunds
Beginning in December 2011, FSC activated its partnership with Higher One®, a financial services company focused solely on higher education, to bring a new method for processing refunds to all FSC students— the FSCPlusCard. Please do not throw away this important card since it is your ticket to a faster refund.
Simply put, your new FSCPlusCard is designed to provide you with increased choices for Financial Aid or college refunds.
These options include:
- A same day deposit to the OneAccount, an FDIC Insured, no monthly fee, no minimum balance checking account. With the OneAccount, you receive your funds the same day they're released by Higher One—the easiest and fastest choice available.
- If you prefer, Higher One will wire your funds into your existing bank account.
- If you choose neither of the above two options, Higher One® will send a paper check to your mailing address.
Please activate your card as soon as you receive it. Remember, even if you are not currently expecting a refund from Farmingdale State, a refund may be due you in the future.
If you're not sure that FSC has your current street mailing address, please take a moment today to either visit the Registrar's Office or fax your address (showing your past address) to 631-420-2275 to update your address information. Since your new FSCPlusCard will be mailed to your current address on file with Farmingdale State, it is critical that you verify your mailing address as soon as possible.
Students can visit the Higher One® website to learn more about all the great benefits that accompany your all-new FSCPlusCard.
How to Use Your Card and Avoid Fees
If you choose to open the One Account with Higher One, the FSC Plus Card becomes an active card once funds are deposited to your account. While we encourage you to use this option, you should be aware that the card is NOT a credit card; rather, it is a payment card associated with a checking account that has a dollar amount that is limited by the balance of funds in the account. You can use this card in several manners. First, we have a convenient Higher One ATM that is located in the University Police building, and is accessible 24/7. You can also use the card at any retail location that accepts debit or credit cards. If you use the card to make purchases, do NOT use it as a PIN based (debit) transaction, because there is a fee associated with this type of usage; rather use it a credit transaction (even though this is not a credit card) and sign for the purchase. Again, remember that the card is linked to a checking account with a finite balance.
Of course, should you decide not to open the One Account with Higher One, you can always opt to have your refund electronically transferred automatically to your existing (non – Higher One) checking account. To utilize this option, you first have to activate your card (through www.FSCPluscard.com) and then choose “refund preferences” under the User Profile menu.