Re: bursar-l: student direct deposits

From: Wolterman, Ken (wolterk) <WOLTERK_at_UCMAIL.UC.EDU>
Date: Mon, 26 Jan 2009 09:50:55 -0500

It’s my understanding that the new regs allowed a policy that required EFT, but, if the student refuses to give you their banking info then you have no choice but to issue checks within the required timeline. We are looking into printing once a week, stopping the mailing of checks and going to a pickup system only on Friday’s from 3-5 pm. Any student who does not pick up their check we will mail once the 21 days timeline is up.
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Ken Wolterman
Bursar, University of Cincinnati
(513) 556-4348

From: bursar-l-bounces_at_list.mail.virginia.edu [mailto:bursar-l-bounces_at_list.mail.virginia.edu] On Behalf Of Stephen Creamer
Sent: Friday, January 23, 2009 11:51 PM
To: bursar-l_at_virginia.edu
Cc: Taylor, Trudy (tjt8n)
Subject: Re: bursar-l: student direct deposits

Hi Trudy, I do not believe you can make it mandatory. One of the schools I used to work at got themselves in trouble for requiring mandatory direct deposits for students who were being paid through the Federal Work Study program. You can strongly encouraging it, but I would be careful with the word "mandatory". Stephen

Stephen J. Creamer
Dean of Student Financial Services
screamer_at_northshore.edu<mailto:screamer_at_northshore.edu>
978-762-4244


>>> "Taylor, Trudy (tjt8n)" <tjt8n_at_eservices.virginia.edu> 1/23/2009 10:34 AM >>>
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Hello everyone.
Is there anyone that has mandatory direct deposit for student refunds? Is it even a possibility?
Thanks
Trudy J. Taylor
Manager, Student Accounts Information
OFFICE OF STUDENT FINANCIAL SERVICES
FINANCIAL ADMINISTRATION
UNIVERSITY OF VIRGINIA
Carruthers Hall
1001 N. Emmet Street
Charlottesville, VA 22903
ph: 434.924.3597 / fax: 434.982.5222
tjt8n_at_virginia.edu

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Received on Mon Jan 26 2009 - 11:21:35 EST

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