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Direct Deposit / Saluki Cash Card
Enjoy the Advantages
Convenience - You will not have to wait for mail to come to your house.
Security - Your check will not be lost in the mail, stolen, or misplaced.
Reliability - Your money will be in your account and accessible.
Flexibility - It's easy to switch accounts or change banks. Simply fill out a new Direct Deposit form.
Beginning in May 2012, direct deposit is required for all student refunds.
The Bursar's Office offers two options for students to have their financial aid refunds directly deposited into an account.
The two paperless options for students are: 1.) a traditional direct deposit of funds into a bank account of their choice; or 2.) funds loaded into a Visa-backed debit card (i.e. the Saluki Cash Card).
Direct Deposit
Direct deposit is a safe, secure way to receive your refund. It eliminates waiting for the mail and any hassles with check cashing. By enrolling in the direct deposit program, a student's refund is electronically transferred into an individual's checking or savings account. Direct deposit of refunds gives you the quickest access to your funds.
To enroll in or update direct deposit, Students log into SalukiNet. From the "My Finances" tab, select "Signup for Direct Deposit." |
Or, students can complete the authorization form and return the form along with a voided check (with your name imprinted on it) to the Bursar's Office.
*Please note that this direct deposit form applies to your Bursar refund only. For additional information on your Student Employment check, please visit the Payroll Department website.
“In order to comply with the US Office of Foreign Assets Control (OFAC) and National Automated Clearing House Association (NACHA) regulations, you must notify the University Bursar’s Office if you receive a payment from the University via direct deposit at a US financial institution and forward the entire amount to a financial institution in a foreign country.”
** If you need to change banks, please update the bank information via SalukiNet. If you would like to cancel your signed direct deposit authorization please send us a signed request.
Saluki Cash Card
The Bursar's Office is pleased to introduce the Saluki Cash Card as another option for student refunds. Southern Illinois University Carbondale has partnered with Illinois National Bank to offer a safe, convenient alternative to receiving refunds. The Saluki Cash Card functions similar to a debit card, and is a Visa-backed card that can be used everywhere the Visa logo is displayed. The card provides the University with a method to allow all students to receive their refund electronically, even those without bank accounts. To sign up for a Saluki Cash Card, please visit the Saluki Cash website.
Once you enroll in either direct deposit or the Saluki Cash Card, all Bursar refunds will be deposited in that manner. If you sign up for the Saluki Cash Card, do not lose or destroy your card, as this account will be reloaded each time there is a credit balance refund.