Cashiers Office

Direct Deposit

 

From Your Student Account To Your Bank Account.

The Cashiers Office at The University of Missouri - St. Louis has a convenient program for processing your refund. Through Direct Deposit, we can deposit your excess student account funds into the U.S. financial institution of your choice. It’s simple, safe and convenient.

To sign up:
How Do You Benefit From Direct Deposit?

Questions and answers about Direct Deposit.

Q. If I have signed up for Direct Deposit in the past, do I need to sign up again for this semester?

A. You do not need to sign up for Direct Deposit each semester. If you have signed up for Direct Deposit in the past, your bank account information will still be in the system. You can verify or change your Direct Deposit account information in MyView by going to: Self Service > Campus Finances > Manage Direct Deposit

Q. When will my funds be available to me?

A. Refunds are processed daily for excess financial aid and other credit balances. Allow 3-5 business days from the day that your refund is processed to receive your refund in your bank account. Click here to find out how to check your refund status in MyView.

Q. Can my refund be deposited in the account of my choice? 

A. Yes, you may choose any account for your direct deposit refund...checking, savings, parents.

Q. How will I know when my refund is posted to my bank account?

A. You will be notified by e-mail at your umsl.edu email address. The email is generally sent 24-48 hours prior to the deposit of funds.  The email will include amount, bank name, checking/savings and date of deposit.  Do not write any checks using your credit balance until you confirm that the funds are available in your account. The University is not responsible for bank charges you may incur by writing checks on an unconfirmed deposit.

Q. What happens if I change banks?

A. You may UPDATE your direct deposit information any time through MyView.

Q. What happens if my refund is not accepted by my bank?

A. If a direct deposit is not accepted by your bank, the Cashier's Office will receive an ACH rejection.  Once the ACH rejection is received, the refund can be reissued.