The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 05, 2009
Filed:
Aug. 01, 2007
Mark T. Volchek, New Haven, CT (US);
Miles H. Lasater, New Haven, CT (US);
Stephen P. Fitzgerald, Hamden, CT (US);
Sean P. Glass, New Haven, CT (US);
Dean W. Hatton, Farmington, CT (US);
Earnest C. Jones, East Haven, CT (US);
Casey M. Mcguane, Guilford, CT (US);
Mark T. Volchek, New Haven, CT (US);
Miles H. Lasater, New Haven, CT (US);
Stephen P. Fitzgerald, Hamden, CT (US);
Sean P. Glass, New Haven, CT (US);
Dean W. Hatton, Farmington, CT (US);
Earnest C. Jones, East Haven, CT (US);
Casey M. McGuane, Guilford, CT (US);
Higher One, Inc., New Haven, CT (US);
Abstract
A system and method of facilitating a transfer of a refund amount from an educational institution to a student. A refund controller receives from an educational institution a request for authorization of an instant paper check of a payment amount equal to at least a portion of a total refund amount associated with the student of the educational institution student. The refund controller verifies the payment amount is equal to or less than an amount of funds available to the student and transfers funds equal to the payment amount to an instant issuance account. The refund controller authorizes the educational institution to issue an instant paper check for the payment amount to the student. The instant paper check draws from the instant issuance account.