Direct Deposit for Student Refunds

Students have the option of having their financial aid refunds deposited directly into their savings or checking accounts, rather than waiting for a check to arrive in the mail.  Direct deposit is more efficient and saves the hassle of dealing with lost checks or check cashing fees.

Students can now update banking information directly into myShip to receive student refunds via direct deposit.  The Student Accounts Office will no longer accept paper direct deposit forms.

 

 Simply follow these instructions to set up your bank account information: 

  • Login to myShip  or https://my.ship.edu with your Ship email address and password. 
  • Go to Student
  • Choose Paying for College in the drop-down
  • Under My Account Information choose Direct Deposit for Student Refunds
  • On the Direct Deposit page, click Add New
  • Input your Routing Number, Account Number and Account Type
  • Check √ the authorization box and click on Save New Deposit
  • You have now added your bank account information and you will receive a confirmation email.

 

After a student submits the banking information, any future refunds due from the university will be deposited directly into the designated bank account.  This information will remain in effect until it is deleted or changed.

Please note that if you already have direct deposit information set up with the university, you will see that information displayed on the Direct Deposit page.  You do NOT need to re-enter your account information.

 

If your banking information ever changes, or if you choose to use another bank account in the future, you will need to delete your existing bank information and then add your new banking information through the automated Direct Deposit process.

 

Simply follow these instructions to change your bank account information: 

  • Login to myShip  or https://my.ship.edu with your Ship email address and password. 
  • Go to Student
  • Choose Paying for College in the drop-down
  • Under My Account Information choose Direct Deposit for Student Refunds
  • On the Direct Deposit page, check √ the box beside the existing bank name
  • Click Delete
  • You will be asked if you are sure you want to delete your Accounts Payable deposit?  Click Delete
  • Click Add New
  • Input your Routing Number, Account Number and Account Type
  • Check √ the authorization box and click on Save New Deposit
  • You have now added your bank account information and you will receive a confirmation email.

 

If you have any questions about this functionality, please reach out to the Student Accounts Office at 717-477-1211 or studentaccts@ship.edu.  We will be happy to assist you.