Direct Deposit  

 

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Direct Deposit of Your Student Refund Check

How does direct deposit work?

What are the benefits to direct deposit?

What am I agreeing to by enrolling for direct deposit?

How do I enroll?


How does direct deposit work?

The electronic refund direct deposit program allows you to have your Student Account refund automatically deposited directly into your personal checking or savings account. Most financial institutions throughout Nebraska and the United States are in the direct deposit network.

Once you sign up for direct deposit, the University will send electronically your Student Account refund amount(s) to your financial institution. The University will send you an email notification to inform you of the transaction.

Add, change, or cancel deposit information by enrolling on WebAdvisor.

What are the benefits to direct deposit?

  • Not limited to Lincoln and Omaha financial institutions
  • Quick and extremely convenient
  • Deposit(s) are made automatically without any effort on your part, after your enrollment has been completed
  • Safety and confidentiality is assured with electronic transfer to your account
  • Absolutely no charge to you for the electronic deposit service
  • Amount(s) of your direct deposit(s) will appear on the monthly statement you receive from your financial institution
  • Start earning interest on your money immediately when electronically deposited to an interest bearing account
  • Avoid long lobby and drive-in lines
  • No risk of misplacing your check
  • Eliminates the possibility of your check being lost or stolen and forged
  • Saves postage costs and avoids delays of banking by mail

Direct Deposit Terms/Conditions

I hereby authorize Nebraska Wesleyan University (NWU)  to directly deposit into the Financial Institution account number listed below, as well as authorize the Institution to post the payment to the below listed account. I authorize NWU to initiate debit entries to below designated account as may be necessary to correct erroneous credit entries and authorize the listed Financial Institution to subtract such entries from the below designated account. This authorization will apply to all student refunds from the WU Business Office. This is NOT applicable for Plus loan refunds payable to a parent.

This agreement is effective on the next refund processing after completion and will remain in force until NWU receives notice of change or cancellation from me. Any notice of cancellation must be received by NWU in such a manner as to afford NWU reasonable opportunity to act on it.

I understand and approve the authorization or cancellation as indicated below. The agreement supersedes all previous Direct Deposit information.

How do I enroll?

You enroll for direct deposit via your WebAdvisor account. Log on to WebAdvisor and click on "Direct Deposit (Refunds/Reimb.)". Using a check as a guide, you will need to fill in your account's routing number, account number, and indicate whether it is a checking or savings account. That's all there is to it. The agreement is effective immediately upon completion. 

 


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Questions or problems regarding this web site should be directed to [nwuboweb@nebrwesleyan.edu].

Last modified: 06/19/08.