PRINT DISCLAIMER: Official version of this document is accessible in the online policy library at https://policyoffice.ku.edu/. Printed copies may not reflect the most recent updates.
DOCUMENT TYPE:
Policy
PURPOSE:
Provide instructions for students and Parent PLUS loan recipients to receive refund payments through Direct Deposit.
APPLIES TO:
All students and Parent PLUS loan recipients that receive refunds from the University.
CAMPUS:
Lawrence
POLICY STATEMENT:
The University of Kansas REQUIRES all students and Parent PLUS loan recipients to sign-up for direct deposit so refunds can be electronically deposited into personal checking or saving accounts with a bank. This allows students and Parent PLUS loan recipients to receive excess funds quickly and safely.
The bank information necessary to set-up direct deposit includes:
- Bank routing number
- Bank account number
This information may be found on the printed MICR line at the bottom of a check.
Each refund recipient is required to maintain accurate and viable account information for their direct deposit.
Student Refund Recipients:
Students are required to set-up and maintain direct deposit online through KU Enroll & Pay. Enter user id and password for Lawrence/Edwards Campus log in and select Campus finances.
Parent Plus Loan Refund Recipients:
Parents receiving Parent Plus loans, may sign up for direct deposit by completing the Direct Deposit Authorization for Parent Plus Loan Proceeds form found on the Student Accounts & Receivables website.
CONTACT:
Financial Services - Student Accounts & Receivables
stu.account@ku.edu
785-864-3322
APPROVED BY:
Controller
APPROVED ON:
2009-08-28
EFFECTIVE ON:
2009-11-01
REVIEW CYCLE:
Annual (As Needed)
RELATED OTHER:
Direct Deposit Authorization for Parent PLUS Loan Proceeds
CHANGE HISTORY:
03/31/2025: Migration to TeamDynamix from Drupal.
02/17/2023: Updated contact section.
09/20/2022: Updated policy to align with current direct deposit processes.
04/15/2021: Updated Contact, Approver, and owning unit sections from Comptroller to FInancial Services.
06/27/2019: Updated contact section.
03/23/2015: Updated to reflect current nomenclature for Student Account Services.
09/10/2012: Revised.
11/01/2009: Effective.
08/28/2009: Approved.