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Direct Deposit

Direct deposit allows you to receive your refund directly into your checking or savings account. Students with direct deposit generally receive refunds in their bank accounts 2-3 business days from the processing date shown on the student account. In order to safeguard student financial data, we have implemented two-factor authentication for student direct deposits.

To learn how to set up direct deposit, view the tutorial or sign up page.

Refund Checks

Students who choose not sign up for direct deposit receive refunds by check sent through U.S. Mail to the current ‘billing’ address listed in One.IU. Checks sent through normally take between 7 to 10 business days from the refund date shown in One.IU to arrive at the final mailing destination. By contrast, direct deposit of student refunds normally occurs within 2-3 business days … so, be sure to sign up for DIRECT DEPOSIT to get your money faster!

If the refund check is not received within 21 days from the date of the refund listed in One.IU, please refer to the Stop Payment Request Form in One.IU.

Students are responsible for keeping their address on file up-to-date. Use the Personal Information One.IU task to update your address.

Important Notice About International ACH/Direct Deposit

Due to new banking regulations, beginning September 18, 2009, funds electronically deposited via Automated Clearing House (ACH) in a U.S. bank and then forwarded to a non-U.S. bank are required to include additional information that is not currently being collected. Until this additional information can be obtained, payments of this nature must be paid by paper check or will be rejected by the ACH network. THIS INCLUDES ACH PAYMENTS PROCESSED BY INDIANA UNIVERSITY FOR VENDOR INVOICES, PAYEES ON DISBURSEMENT VOUCHERS, BURSAR STUDENT REFUNDS, PAYROLL DIRECT DEPOSIT, AND TRAVEL REIMBURSEMENTS.

If you currently forward, or in the future plan to forward, ACH payments to a non-U.S. bank; steps should IMMEDIATELY be taken to inactivate or change your direct deposit information currently on file with Indiana University. YOU NEED NOT TAKE ANY ACTION IF YOU DO NOT AND WILL NOT FORWARD ACH PAYMENTS TO A NON-U.S. BANK.

Students receiving Bursar Refunds can inactivate or initiate changes using the Direct Deposit Sign-up One.IU task or you may contact your Campus Bursar Office.
Failure to take action will result in your bank rejecting your international deposit and returning the funds to Indiana University. Indiana University is not responsible for international ACH transactions that are rejected and/or delayed due to missing information.

Campus Events

The Unity Principle: The Power Behind Teams

The Unity Principle: The Power Behind Teams

September 20th, 2018

7:30 AM - 9:00 AM

Bus Trip to IU Football vs. Michigan State (Kick-off TBD)

Bus Trip to IU Football vs. Michigan State (Kick-off TBD)

September 22nd, 2018

3:00 PM - 11:30 PM

Mental Health Screenings

Mental Health Screenings

September 24th, 2018

11:30 AM - 1:00 PM

Annual School of Business Golf Scramble

Annual School of Business Golf Scramble

September 28th, 2018

8:00 AM - 4:00 PM

Out of the Darkness Walk for Suicide Prevention

Out of the Darkness Walk for Suicide Prevention

September 29th, 2018

9:00 AM - 11:30 AM

Intramural Softball Registration Deadline

Intramural Softball Registration Deadline

October 3rd, 2018

5:00 PM - 5:01 PM

Common Experience Film Night: The True Cost

Common Experience Film Night: The True Cost

October 3rd, 2018

6:00 PM - 7:30 PM

Part-Time Job Fair

Part-Time Job Fair

October 4th, 2018

11:30 AM - 1:30 PM

Major and Career Exploration Workshop

Major and Career Exploration Workshop

October 4th, 2018

12:00 PM - 1:00 PM

Graduate Business Information Session

Graduate Business Information Session

October 4th, 2018

5:30 PM - 7:00 PM

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