Southeastern announces refund changes and new direct deposit program
Contact: Christina Chapple
8/11/06
-- Students can get quick refunds through new direct deposit program
-- Faculty, staff, students not receiving refunds can show pride with new Southeastern Platinum Debit Card
Beginning with the Fall 2006 semester, Southeastern will process the first refunds after late registration. To assist students in gaining access to their funds as quickly as possible, Southeastern is pleased to announce its partnership with Capital One, formerly Hibernia National Bank, to deliver refunds through direct deposit. Students must have a checking account with Capital One to participate in the new Direct Deposit Program. Capital One's College Free Checking* account comes with the new Southeastern Platinum Debit Card that can be used at ATMs and to make purchases worldwide. Current Capital One customers who possess a regular Capital One or Hibernia debit card may simply exchange it for the new Southeastern Platinum Debit Card.
Faculty, staff and students not receiving refunds can also show their school spirit with the new Southeastern Platinum Debit Card. Simply visit your local Capital One branch** to open a new checking account and request your new Southeastern Platinum Debit Card. Representatives from Capital One will also be in the Controller's Office from August 7th through August 25th and in the Student Union Mall from August 21st through August 25th to open new checking accounts and accept applications for direct deposit.
For more information on the new Direct Deposit Program, please click here www.selu.edu/controller/ddp. You can also contact the Controller's Office at (985)549-2188 or email klobell@selu.edu.
* Limit one gift per new checking account. First order of checks free.
** Branch products and services offered by Capital One, N.A., a subsidiary of Capital One Financial Corporation. Capital One, N.A. is solely responsible for providing such services.
Capital One, N.A., Member FDIC. © 2006 Capital One Services, Inc. All rights reserved.
-- Employees who are also students eligible to participate in new Direct Deposit Program
Southeastern employees, with the exception of student workers, who are also enrolled as students and receiving a refund may also participate in the new direct deposit program. However, Southeastern currently cannot accommodate the direct deposit of an employee's payroll check and student refund check to different financial institutions. You must make a choice between the following options:
> Have both your payroll and student refund going to your present account(s) on file.
> Have both your payroll and student refund going to your Capital One checking account.
> Continue to receive your student refund as a paper check
Should you have any questions, please do not hesitate to contact the Controllers Office at (985) 549-2188 or email klobell@selu.edu.
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