The Financial Services department at Oakland Community College
offers several ways to receive your student refund. With E-check
direct deposit, we can deposit excess funds in your bank or
credit union account. It's simple, safe, and convenient.
How do you benefit from e-check direct
deposit?
- Funds are deposited into your local bank or credit union.
- No lost or stolen checks or delays with mail.
- No need to go to the bank to deposit your funds.
- No need to wait for the check to clear.
Sign up for E-check direct deposit online. To submit your
account information:
- Go to
MyOCC.
- When the MyOCC web site opens, click Log In.
- Once you have successfully logged in, you will be returned
to the Main Menu. Click Students.
- On the Student Menu, click the Bank Information
link in the Financial Profile section and submit the requested
information.
Once financial aid disburses and/or tuition overpayments
are processed, your student refund will be deposited directly
to your checking or savings account.
NOTE: It is important that the correct bank routing number
and the correct bank account number are entered. Any errors
could delay your refund.
Questions and Answers about E-Check Direct Deposit for Refunds
Q1. If
I sign up for e-check direct deposit, when will it start?
A. The e-check direct deposit
will begin right away as new bank accounts are added during
the College’s refunding process. However, keep in mind that
if the process has already begun at the time your bank information
is entered, you won’t receive an e-check to your new bank account.
For Financial Aid students please enter/update your information
by Thursday at 5:00 PM if you are expecting a refund on the
next scheduled Tuesday refund run. See the complete list of
current term
Refund Dates.
Q2. What
if my name is not listed on the account I set up for direct
deposit?
A. If you are not listed as
an account holder on the account where your direct deposit was
sent, your refund may be returned to the College. If your refund
is returned, you will be issued a paper check as a replacement.
You will not receive another direct deposit until you have entered
a new account number.
Q3. How
will I know when my refund is posted to my bank account?
A. Oakland Community College
will notify you by email. This notification will include the
amount, the e-check number, the last four digits of your bank
account number and the refund disbursement date. You can verify
your deposit by calling your bank or by checking your balance
through an ATM or online service. Your bank generally deposits
the funds within 2 business days of the refund disbursement
date.
Q4. When
will my funds be available to me?
A. See Oakland Community College’s
Refund Dates. After receiving the email from OCC regarding
the e-check, the funds are generally deposited into your bank
account within 2 business days.
Q5. Can
my refund be deposited in the account of my choice?
A. Yes! You may choose any
account for your direct deposit refund. In order to receive
your refund in a timely manner, please verify the routing and
account number with your bank.
Q6. What
happens if I change banks?
A. You must submit the new
information using the Bank Information form located on the Student
Menu in the Financial Profile section. Changing banks may require
another 4 day waiting period.
Q7. If
I already have my student payroll check direct deposited, will
I need to complete this online Bank Information (e-check) enrollment
form?
A. Yes. Your student account
refund is not related to the Payroll Department.
Q8. What
happens if I choose to cancel my e-check direct deposit?
A. From the
Bank Information form, you may
cancel the current bank information by selecting the checkbox
that is next to the address and bank account information.
Q9. What
happens if my refund is not accepted by my bank?
A. If an e-check direct deposit
is not accepted by your bank, Financial Services will be notified
and the reason for rejection will be reviewed. If the reason
for rejection cannot be resolved, you will be issued a refund
in the form of a paper check.
Q10. If
I have additional questions, who should I call?
A. Please contact your local
campus business office; for phone numbers see the
Campus Directory.
Q11. How
do I sign up?
A. Submit your account information
using the Bank Information form:
- Go to the
OCC
home page and click the
MyOCC link.
- When the MyOCC web site opens, click Log In.
- Once you have successfully logged in, you will be returned
to the Main Menu. Click Students.
- On the Student Menu, click the Bank Information
link in the Financial Profile section and submit the requested
information.