Policy Regarding Distribution of Excess Financial Aid and Refund Checks

Policy Regarding Distribution of Financial Aid and Refund Checks

Arkansas State University offers students the option of direct deposit of their excess financial aid, scholarship and tuition refunds. Students who participate in this program have the convenience of having their funds credited to their checking and/or savings accounts.

ASU does not manually distribute excess financial aid, scholarships or refunds to students. For students who choose not to participate in the direct deposit program, refund checks will be mailed to their billing address the student has entered in Banner Self Service. It is very important that all students update their billing address in Banner Self Service for this purpose.

Students may either mail the authorization to the address noted on the form, or drop it off at the Cashiers Window located on the second floor of the Student Union building. Please attach a voided check. If you have questions or need assistance, you may also call 972-2381 or 972-3117.