Activate your card and make your refund selection online at www. What are my options for receiving all student refunds, including financial aid refunds? Directly deposited to your OneAccount 1 day or less. Deposited to the bank of your choice 2 - 3 business days. Mailed, as a paper check, to the address you designate 5 - 7 business days. What are the advantages of having my refunds deposited directly to my OneAccount? Easy Refund SM depositing your refund directly to your OneAccount is the quickest way to gain access to your money.
In order to have your refund directly deposited, activate your OneAccount as soon as possible. You will receive an e-mail when your refund has been directly deposited to your OneAccount. Additionally, you will be able to see details of your OneAccount by accessing your OneAccount Statement on www.
Can I have my refund deposited to another bank account? If you choose to have your refund deposited to a bank of your choice, this transfer may take business days from the day the College releases the funds.
For this option, you will need to complete, print and mail the third party form to the designated address. This form is available on www. Your card will arrive in the mail at your primary address on file with the College.
The OneAccount has no minimum balance, no monthly fees, and free Internet banking features. Your options include having your refund: 1. The re is no monthly fee or minimum balance for the OneAccount. In order to have your refund deposited to your bank, you must first activate your MDC OneCard at www. Can I select a paper check instead?
You may choose to have a paper check sent to you via regular mail. However, a paper check may take up to days from the day the College releases the funds. Regardless of how you choose to receive your funds, you still need to activate your card at www. The card is NOT a credit card. MDC will not be able to disburse your refund to you.
Regardless of whether you anticipate that you will receive a refund, it is important to activate your card and choose a refund preference at www. You may log on to www. What if I have additional questions?
Typically, it takes 1 — 2 business days for the receiving bank to credit the money to your account. Your code will be sent to the address you have on file with your school. You may use any personal code assigned to you to make your refund preference selection. Check your mail for the bright green envelope or go here to track it online. Are you due a refund?
After all, you may drop a class or make an overpayment. You can also have refund alerts sent directly to your mobile phone.
Signing up is easy:. Log in to your profile 2. Follow the prompts. Message and data rates may apply, please see your provider for details. The most common type of money we disburse to students are funds left over from financial aid awards, loans or grants after tuition has been paid. Students receiving these funds have usually requested this additional support to help with books and living expenses.
Other types of money may include reimbursement for tuition overpayment or a dropped class. Delivery of refund money is a multi-step process. Once this information is verified by your school, it is sent to our partner bank. Once the specific refund information and funds are received, it is processed and disbursed according to your selection.
Just log in to RefundSelection. Be aware that your new selection will only affect future money you receive from your school. Please note, there may be circumstances where your ability to change your refund preference may be restricted.
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