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Tuition Account Refunds through Direct Deposit Carold Boyer-Yancy, Director Student Service Center Diane Scutti, Manager of Accounting Operations Office.

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Tuition Account Refunds through Direct Deposit Carold Boyer-Yancy, Director Student Service Center Diane Scutti, Manager of Accounting Operations Office.

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Presentation on theme: "Tuition Account Refunds through Direct Deposit Carold Boyer-Yancy, Director Student Service Center Diane Scutti, Manager of Accounting Operations Office."— Presentation transcript:

1 Tuition Account Refunds through Direct Deposit Carold Boyer-Yancy, Director Student Service Center Diane Scutti, Manager of Accounting Operations Office of Financial Affairs Saint Josephs University

2 Reasons for Direct Deposit Students needing immediate access to their funds Eliminate checks that are lost in the mail Avoid delays caused by the USPO Accounts Payable and the Student Service Center have less checks to process Help students avoid check cashing fees Provide improved service for our students

3 Implementation of Direct Deposit Develop a method to gather, monitor and change student banking information On-line to make the process as easy as possible for AP and the SSC Payroll did not want us to impact their direct deposit information on GXADIRD

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9 Banner Process Update TSADETC (Detail Code Control Form)

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11 Banner Process, cont. SSC submits refunds to AP in the normal manner Student receives an electronic when the direct deposit has been processed A check register was developed(FZBCHKR) for the SSC to help them identify checks vs. direct deposit

12 Getting the word out…. Brochure Posters A brochure with every refund check To date 748 students have signed up for direct deposit!

13 Expectations Student entering bank information multiple times Rejections-no pre-noting and incorrect information entered Routing number not on validation list Increase in s to SSC alias Purging policy-getting students off of Direct Deposit once they have graduated

14 Benefits Positive Feedback from both Students and Employees!

15 Future Efforts More advertising Orientation Open House Mandatory Parent reimbursement

16 Tuition Account Refunds through Direct Deposit Thank you for attending Questions????? Carold Boyer-Yancy, Diane Scutti,

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