Refund and credit balance disbursements
When it comes to receiving financial aid refunds and other credit balances, you deserve choices! Lake Superior College has partnered with BankMobile Disbursements to deliver any refund money we may have for you.
Once you’ve received the green BankMobile refund selection kit containing your personal code, follow these easy steps:
- Visit RefundSelection.com
- Enter your Personal Code
- Click on Get Started
- Select how you’d like to receive your money
DEPOSIT TO AN EXISTING ACCOUNT
Money is transferred to an existing account the same business day BankMobile receives funds from your school. Typically, it takes 1 – 2 business days for the receiving bank to credit the money to your account.
DEPOSIT TO A BANKMOBILE VIBE CHECKING ACCOUNT
If you open a BankMobile Vibe checking account (upon identity verification), money is deposited the same business day BankMobile receives funds from your school.
- To provide direct deposit and a debit card for students who are not able to open a bank account for various reasons
- To provide a faster way of getting students their money
- Prevent issues with check fraud
- Checks that are lost or stolen are better able to be addressed by a third party provider
- BankMobile is a financial services company – they have expertise in providing financial services
Choose your BankMobile refund choice to receive your refund or student employee payments.
View our BankMobile Information Guide for more information.
View our cash management contract and documents.
Watch for a green envelope!
The BankMobile kit containing your personal code will be sent in a bright green envelope to your address on file with Lake Superior College.