Higher One
Charges fees for accessing student loans/scholarships

My student loans and scholarships are deposited on my university-issued Higher One card. Each year when I get my student loans/scholarships, I am charged 3.5 percent to access my own money in order to pay my property taxes. Higher One calls this a cash advance, but it is not creditit is my own loan and scholarship money. I took $1,500 two days ago to pay my property taxes and Higher One charged me $52.50. This is not right. How can they do this?

Company: Higher One
Country: USA
State: California
City: Oakland
Address: 80 Swan Way, Suite 200
Site: higherone.com

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