Students may sign up to receive refunds via direct deposit (ACH).
This means payments can be deposited directly into the student's bank account with no
waiting for a check to be mailed. Students who do not sign up for direct deposits will
have refund checks mailed to their student mailing address, as maintained in the Office
of Registration and Records, in the student's name.
Important: See withdrawal for information on refunds for students who cease class attendance prior to the end of a semester or term.
Students can sign up for direct deposit of student refunds via the MyISU Portal. Students can also view and change direct deposit allocations at the same site.
If signing up for the first time, choose "Add Direct Deposit." If you already have an allocation, it will be displayed on the screen. To change your current allocation, click "Change Direct Deposit Allocation." From there, simply follow the instructions on the screen. Any new allocations will be noted with a status of "Inactive" until reviewed by the Office of the Controller. Once approved, your allocation will be changed to "Active" and any previous allocations will be removed. Allocations changed and created via the web will be processed daily, Monday through Friday. This service is available only if you have a University Username.
Last updated: 31 January 2017
The University Board of Trustees reserves the right to change fees at any time in the future. The right to correct errors is also reserved.
Office of the Controller
Indiana State University
200 North 7th Street
Terre Haute, IN 47809
(812) 237-8179 (fax)