shortcut to content

Minnesota State University, Mankato

Minnesota State University, Mankato

Direct Deposit

Page address: https://www.mnsu.edu/mavcard/directdeposit/

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.

  • 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).

students scenes


There are behind-the-scenes processes that generate payments to students, whether through Student Payroll, Financial Aid, or Student Refunds. Therefore, updates to your direct deposit authorization may not immediately affect payments already in progress*. Always confirm funds have been posted to your bank account prior to entering into transactions that will draw from those funds.


Verify Direct Deposit Information - Students

  1. Log in to mnsu.edu/eservices
  2. Select either Student Employment or Financial Aid
  3. Click on Direct Deposit Setup
  4. Verify your bank account information

To Sign Up

Students

  • If you link your MavCARD with a Wells Fargo checking account, that account automatically becomes your designated bank account for the Direct Deposit program.
  • If you have not linked your MavCARD with a Wells Fargo checking account, and wish to do so, visit the Wells Fargo banking location nearest you.
  • If you have an existing Wells Fargo checking account that is not linked to your MavCARD and you wish to link it, visit the Wells Fargo banking location nearest you.
  • If you have an account with another bank that you wish to use as your designated bank account for the Direct Deposit program:
    1. Log in to mnsu.edu/eservices
    2. Select either Student Employment or Financial Aid
    3. Click on Direct Deposit Setup
    4. Follow instructions to view/update your bank account information

Faculty / Staff

If you wish to initiate or change your Employee Direct Deposit to your Wells Fargo checking account, you may do the following:

  • go to mnsu.edu/humanres and select Your Pay Stub - Self Service under Quick Links and login to the State of Minnesota Employee Self Service website

or obtain the State of Minnesota Direct Deposit Authorization form at:

  • Human Resources website at: mnsu.edu/humanres/forms (select "D" for Direct Deposit Form)
  • Human Resources Office, WA336
  • MavCARD Office, SU 117

and return the completed form to Human Resources Office, WA 336.

Direct Deposit Payment Notifications

Students

Financial Aid:

An email notice is sent to notify you of a financial aid disbursement. To view the amount of the payment:

  1. Log in to mnsu.edu/eservices
  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)

  1. Log in to mnsu.edu/eservices
  2. Select Student Employment
  3. Select Earnings

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

Students

If you change banks or bank accounts, please keep in mind that you need to update your direct deposit authorization with the university.

  1. Log in to mnsu.edu/eservices
  2. Select either Student Employment or Financial Aid
  3. Click on Direct Deposit Setup
  4. Follow instructions to view/update your bank account information

Faculty / Staff

If you wish to initiate or change your Employee Direct Deposit to your Wells Fargo checking account, you may do the following:

  • go to mnsu.edu/humanres and select Your Pay Stub - Self Service under Quick Links and login to the State of Minnesota Employee Self Service website

or obtain the State of Minnesota Direct Deposit Authorization form at:

  • Human Resources website at: mnsu.edu/humanres/forms (select "D" for Direct Deposit Form)
  • Human Resources Office, WA336
  • MavCARD Office, SU 117

and return the completed form to Human Resources Office, WA 336.


*Effective Dates - Students

There are behind-the-scenes processes that generate payments to students, whether through Student Payroll, Financial Aid, or Student Refunds. Therefore, updates to your direct deposit authorization may not immediately affect payments already in progress.

As a general guide to determine effective date, when you:

  • Add or Change Direct Deposit Account
    • Student Payroll: it must be updated at least six business days prior to scheduled payday1
    • Financial Aid Overages: it must be updated at least one business day prior to “Payment to Student” transaction date on e-services Full Account Detail page
    • Student Refunds: it must be updated at least one business day prior to “Payment to Student” transaction date on e-services Full Account Detail page
  • End Direct Deposit Account
    • Student Payroll: it must be updated at least five business days prior to scheduled payday1
    • Financial Aid Overages: it must be updated at least one business day prior to “Payment to Student” transaction date on e-services Full Account Detail page
    • Student Refunds: it must be updated at least one business day prior to “Payment to Student” transaction date on e-services Full Account Detail page

Actual timing of the effect of add/change/end actions on future payments may vary slightly from the above general guidelines. Holidays may also affect timelines of effective dates.

1 Your Student Employment pay stub indicates bank account in effect for each payday. View information on e-services by selecting Earnings within the Student Employment menu.

Wells Fargo Bank, N.A., Member FDIC.