What is BankMobile Disbursements?

Lake Superior College utilizes BankMobile Disbursements, a technology solution, powered by BMTX, Inc. to provide options to disburse all refunds and payroll to students. These include:

  • Financial Aid Disbursements
  • Grant Disbursements
  • Loan Disbursements
  • Overpayment Refunds
  • Student Employee Payroll
  • Tuition Refunds

Lake Superior College delivers your refund with BankMobile Disbursements, a technology solution, powered by BMTX, Inc.

Check LSC’s Refund FAQ Page for more information on refunds.

View our cash management contract and documents.

Why Does LSC Use BankMobile Disbursements?

Lake Superior College uses BankMobile Disbursements to provide refund choices for students who may not be able to open a bank account for various reasons. BankMobile Disbursements is quick when providing students their funds. BankMobile Disbursements can better address issues with lost or stolen checks while preventing many issues with check fraud from the beginning.