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Credit balance & direct deposit

A credit balance in your student account is created when you have financial aid remaining after all eligible charges to your student account are paid in full. Once all charges have been paid, the University sends any money left over in your student account to you.

If you cancel or withdraw from classes, your financial aid may be adjusted and you may owe some or all of your credit balance back to the University.

Direct deposit is required

You are required by the University to sign up for direct deposit to a checking or savings account so your credit balance can be transferred to you electronically. Direct deposit is an easy, secure method that transfers your credit balance automatically. Go to to sign up.

You cannot use the numbers on your debit or credit card to sign up for direct deposit. You'll need your bank's routing number and your account number, both of which can be found at the bottom of a personal check.


If you do not have a personal check handy, or if you are depositing your funds into a savings account, you will need to contact your bank or access your account online in order to determine your account number. Routing numbers for most banks are available online. Links to the routing numbers for some common banks are listed below.

Bank of America Routing Number

Chase Routing Number

Citibank Routing Number

TCF Bank Routing Number

US Bank Routing Number

Wells Fargo Routing Number

Once you've signed up for direct deposit, all credit balance funds will be automatically transferred into your designated checking or savings account within approximately three business days. Be sure to confirm with your bank that your funds are available in your checking account before you begin to write checks, pay bills, or withdraw money.