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Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals.įrom volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets. Across all our businesses, we offer keen insight on today's most critical issues. You must access the SOAR Student Portal and enter your Direct Deposit account information for your student refund.At Morgan Stanley, we lead with exceptional ideas. No, your payroll account is not linked to your student account.
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Will I automatically receive my student refund via Direct Deposit? I have Direct Deposit for my payroll check I am a University employee.If you have not received the Direct Deposit after 3 business days of receiving the email confirmation, please contact your local Student Accounts Office for assistance. What if I didn't receive my refund within the published time frame?.You will be notified via e-mail of any updates made to your account as an added security measure. These payments are not manually processed. Multiple levels of security are in place to protect your information as it passes electronically through the banking system. Is my privacy protected using Direct Deposit?.If you do have experience a problem, contact your local Student Accounts Office. Problems with Direct Deposit are rare because funds are transmitted electronically, thus eliminating human error. What should I do if I have a problem with Direct Deposit?.Should an error occur, contact your local Student Accounts Office. When entering your account information on the SOAR Student Portal, verify that you have entered the correct account and routing numbers. The funds will be electronically transmitted to your designated account. What if my refund goes into someone else's account?.No, there is no fee associated with the Direct Deposit Program. You will need to login to the SOAR Student Portal and access the Finances tab where you will enter your Direct Deposit account information. If you wish to return the money to your student account, you will need to remit payment to the University. Once we have begun the Direct Deposit Refund process, the transmittal may not be cancelled. What if I want to cancel my refund transaction?.You will need to login to the SOAR Student Portal and inactivate your Direct Deposit account information. What if I no longer wish to participate in Direct Deposit?.Allow approximately 10 business days before the expectation of a refund. You will need to login to the SOAR Student Portal and enter your new account information. What should I do if I change financial institution?.It is your responsibility to keep a current email address on file with the university in order to receive information in a timely manner. You will receive an e-mail notification once the Direct Deposit has been processed. How will I know when my money has been deposited to my account?.If your refund date falls on a holiday or other dates when financial institutions are closed, your money will be available on the next business day. What if my refund date falls on a holiday or weekend?.If you have signed up for direct deposit, the refund will be in route to your bank account three (3) business days after the refund has been processed. When will my money be available when using Direct Deposit?.All refunds will be deposited to your designated account. You may only select one account for the Direct Deposit of your refund. Can I divide my refund among different accounts if I use Direct Deposit?.Direct Deposit is an electronic payment deposited directly to your designated checking or savings account.