Student Choices

Three students walking outside and looking at a mobile phone.Three students walking outside and looking at a mobile phone.

You have choices!

Your school offers faster delivery of refunds to students with our disbursements program, a technology solution powered by BM Technologies, Inc. We are committed to securely processing your refunds 100% of the time, providing students with clear choices and offering great customer service.

Choices include a deposit to an existing account or a deposit to a BankMobile Checking Account, a digital-only, FDIC-insured checking account designed specifically for students with fee-free access to over 55,000 Allpoint® ATMs (Allpoint ATM location, availability, and hours of operation may vary by merchant and is subject to change). At some schools, a paper check is an option.

For more information, see the BankMobile Checking Account Fee Schedule and Interest Rate Information and Account Terms and Conditions.
One to Two Business Days
Deposit to an Existing Account
Fees and features vary by financial institution, including:
  • Monthly Fees
  • Overdraft Fees
  • Cash Back Offers
  • Mobile Deposit
  • ATM Access
  • Cash Deposit Limits
  • Cash Withdrawal Limits
  • Mobile Wallet (Apple Wallet®, Google Wallet®, and Samsung Wallet)
Please check your bank's fee schedule and the terms & conditions of your account to confirm the fees and features. We encourage you to be aware of all the features and fees associated with your account.
Typically, it takes 1-2 business days for the receiving bank to credit the money to your account (upon identity verification). Money is transferred to an existing account the same business day we receive funds from your school.
Same Business Day
Deposit to a BankMobile Checking Account
NEW! Cash back Offers! Automatically earn cash back on debit card purchases from merchants you know and love at 40,000+ online locations and 12,000+ local locations. See Cash Back Terms & Conditions.
A convenient, reliable, modern bank account for life. All the features you’d expect, plus:
  • Get paid up to 2 days early with payroll direct deposit! Early access to funds cannot be guaranteed. Limitations apply. See details.
  • Access to over 55,000 fee-free Allpoint® ATMs. Allpoint ATM location, availability and hours of operation may vary by merchant and is subject to change.
  • Mobile Wallet (Apple Wallet®, Google Wallet®, and Samsung Wallet).
  • Optional interest-bearing BankMobile Savings Account
No hidden fees, overdraft fees, or minimum balance requirement. $3.99 monthly service fee avoidable with $300 in Qualifying Deposits per statement cycle. For full details, please see the BankMobile Checking Account Fee Schedule and Interest Rate Information, Account Terms & Conditions, Cash Withdrawal and Deposit Limits.
Security and peace of mind. Your money is FDIC-insured and our apps are backed by state-of-the-art technology.
Exceptional customer service. Our dedicated agents are here to assist you 8 AM – 11 PM ET, 364 days of the year!
If you open a digital BankMobile Checking Account (upon identity verification), money is deposited the same business day we receive funds from your school.