Student Direct Deposit

Direct Deposit is Safe No more opportunities for lost or stolen checks.

Direct Deposit is Convenient A trip to pick up the check and then a trip to the bank is no longer needed. If you are out of town, the deposit is made just the same.

Direct Deposit is Dependable Payment is available sometime during the day of business on the scheduled disbursement.*

*Dependent upon bank processing schedules.

 

To Sign Up

If you sign up for a MavCard/TCF Bank account, the bank account set up for you by TCF automatically becomes your designated bank account for the Direct Deposit program.

If you have not signed up for a MavCard/TCF Bank account and wish to do so, just visit the MavCard Office at SU 117 to get signed up.

If you have an existing TCF Bank account that is not linked to your MavCard and you wish to link it, visit the MavCard Office at SU 117 to get signed up.

If you do not wish to link an existing TCF Bank account to your MavCard, or if you have an account with another bank that you wish to use as your designated bank account for the Direct Deposit program, you need to complete the

• Student Direct Deposit Program Authorization form.

You may either print the online form or stop in at the Campus Hub at SU 117 to pick up a form.

Remember to sign the form and attach a voided check so your bank account information can be updated.

Completed forms are submitted to the Campus Hub.

 

Direct Deposit Payment Notifications

Financial Aid:

An email notice is sent to notify you of a financial aid disbursement. To view the amount of the payment, log into the secure e-services web site at mnsu.edu/eservices,

1. Enter your Tech ID and PIN, and select the I Agree buttons
2. Select Bills and Payment (left side list area)
3. Select Full Account Detail (left side list area)

Direct deposit payments are noted as “Payment to Student” on the detail screen.

Student Payroll:

Payroll Advices (paystub information) are online.

Important: Always verify that funds scheduled to be directly deposited in your bank account are posted by your financial institution before entering into transactions that authorize the withdrawal of those funds.

Changing Banks or Bank Accounts

If you change banks or bank accounts, please keep in mind that you need to update your direct deposit authorization with the university. Simply submit a new Student Direct Deposit Program Authorization form with your current information.

Minnesota State University, Mankato makes payments to financial aid recipients and student payroll employees through the Direct Deposit program. This program allows you to have your financial aid (less payments for outstanding charges) and/or student paycheck deposited directed into your designated bank account on scheduled disbursement dates and/or paydays.