Santander Higher Education Banking Solutions

Delivering an excellent post-secondary and graduate educational experience is increasingly challenging and complex. Facility improvement and repair expenses are increasing. Competition for the right students and best faculty is mounting. The need to invest in expanding learning opportunities, from interdisciplinary curricula to international programs is growing. Yet, maintaining tuition affordability is important, grant funding is shrinking, and changing tax codes are putting pressure on private donations.

Higher education financial professionals play a critical role in designing and implementing the financial strategy to balance these realities and achieve the institution’s full potential. At Santander, we strive to simplify services that address financial challenges so you can focus on and fund your institutional priorities.

Santander’s Higher Education bankers understand the needs of college and university clients and are experienced in developing financial approaches to support your goals. We can help you implement solutions to:

• Redesign your operating accounts to reduce expenses and earn interest on excess balances
• Accelerate access to tuition payments and use payment solutions to enable easier online remittance
• Finance working capital needs, technology upgrades, or growth investments
• Maintain predictability of your borrowing costs in any interest rate environment
• Manage currency risks related to international partnerships
• Reduce exposure to payment fraud

We will customize an approach to meet your institution’s needs, whether you are concerned about freeing up working capital to balance the cash flow peaks and valleys of the tuition cycle, financing expansion, or using payments strategies to optimize liquidity.