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直接存款

The Office of the 财务主管 offers direct deposit as a more convenient means of providing refunds to students. Instead of mailing a check, we will deposit the funds directly into the student's bank account.

退款 by direct deposit are processed Monday through Friday during the first three weeks of the semester. After the third week of the semester, refunds by direct deposit are processed on Tuesdays and Thursdays. Students will receive an email from the Office of the 财务主管 to their 俄亥俄州 email address when refund has been processed.

newbb电子平台 employees who are also students must sign up for direct deposit through their My俄亥俄州 Student Center to receive refunds to their bank account. The direct deposit enrollment for payroll-related activity is separate from the student account.

Enrollment in 直接存款

Enrollment is a two-step process:

  1. Entering bank account information
  2. Assign the bank account to direct deposit

Both steps must be completed or the direct deposit enrollment will not be valid and a paper check refund will be issued. To start the direct deposit enrollment process, sign into the My俄亥俄州 Student Center. In the Finances section, select "Enroll in 直接存款" from the dropdown menu.

After entering your bank account information in step one, 一定要点击 “Proceed to Enroll in 直接存款,” otherwise enrollment in direct deposit is not complete. Enrollment is complete when the message, “Congratulations! You are now enrolled in direct deposit” has been displayed. 

请 watch Enrolling in 直接存款 for Student 退款 for a tutorial on how to enroll.

直接存款 Guidelines

  • Financial aid refunds begin processing on the first day of a semester for students whose financial aid has disbursed and are enrolled in direct deposit.
  • The deposit of financial aid funds will be credited to your bank account within 1-2 business days after refund transaction has posted to your student account.
  • Prior to writing any checks or attempting to withdraw deposited funds, you should contact your financial institution to verify your refund has been deposited.
  • In the event that the University may be obligated to withhold any additional part of your financial aid for any reason, newbb电子平台 shall have the authority to immediately terminate any transfer in process.
  • You are responsible for repayment if you receive money that you are not entitled to. This includes the return of a previously issued refund based on enrollment changes after the refund was initially given. 请参阅 退出政策 for additional information.
  • If you take any action, without adequate notification to the Office of the 财务主管, which results in non-acceptance of a transfer by your financial institution, newbb电子平台 assumes no responsibility for processing a replacement refund until the funds are returned.
  • Direct deposit is only available for student refunds. Proceeds from Parent PLUS Loans are issued by check to the borrower unless the parent requests funds be issued to the student.
  • Funds must be deposited in a bank account in the student's name.

Need more information? 查看我们的 Frequently Asked Questions.