Issuing Refunds at UD

Issuing Refunds at the University of Dallas

Each week the University of Dallas reviews student accounts for credit balances. Those accounts found to have a credit balance are flagged and audited to determine if the credit balance belongs to the student. All credit balances that belong to students or other qualified third parties are then processed for disbursement. The funds are disbursed through the UD Refund platform powered by BankMobile to be delivered to the student according to the method chosen by the student.

View our institution’s required disclosures and contract with BankMobile, a Division of Customer Bank

Funding for the Title IV programs is received by EFT. Funds received by EFT are posted to the correct student account within three days (3) of notification of receipt of the funds. Student Account Services will then have the credit balance disbursed to the UD Refund Program powered by BankMobile within fourteen days (14) from the time the credit is posted to the student account. The refund will then be disbursed by BankMobile to the student using the method chosen by the student.

UD Refund Program

UD Refund Program – The University of Dallas now issues financial aid and credit balance refunds through the UD Refund Program powered by BankMobile. BankMobile is contracted as a third-party servicer to make the refund process quicker, easier, and more secure for the students.

When a student enrolls at the University of Dallas, he or she is issued, by mail, a refund selection kit with a personal code. Your personal code serves as a personal identifier to BankMobile and enables you to select your refund choice. Students will also receive an email containing their personal code and either code can be used to select a refund preference.  Please visit www.refundselection.com to select a refund preference. 

How to Receive Your Refund

Choices include:

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.

*Important Notice:  The Vibe account has no minimum balance requirements and has a $1.99 monthly service fee for all customers, however, you may avoid this fee by depositing a total of $300.00 or more during each statement cycle. Some fees can be avoided by following the guidelines described by BankMobile and using only the services listed as free on the BankMobile fee schedule. You can see more information on the Vibe Account at 
www.bankmobiledisbursements.com/refundchoices.

To select either Direct Deposit or the Vibe Account option, please select the BankMobile Disbursements Program at www.refundselection.com according to the instructions in the envelope. You will receive an email from BankMobile when your refund is processed and available.

 

In order to see a comparison between the Vibe account and other bank's account, please link to the following URL:  https://bankmobilevibe.com/compare-fees-features/

For more information, contact BankMobile at:

http://www.bankmobiledisbursements.com/refundchoice

Customer Service: 1 (877) 327-9515

News

UD in Service: Ph.D. Students Share 'Confessions' in South Irving

UD students not only read St. Augustine's Confessions in Rome, traveling to Ostia to marvel at the place in which, according to Book IX, St. Augustine and his mother, St. Monica, had a joint mystical vision of God -- they also travel 4.4 miles from the Irving campus to read the text with residents of South Irving.

+ Read More

How to Build a Shortwave Radio

As you know if you’ve read even some of our first UD Reads book, "All the Light We Cannot See," it’s possible to build a radio from random, scavenged parts, as long as you can find the necessary random, scavenged parts, as Werner does in the book. This is also essentially what Assistant Professor and Department Chair of Physics Jacob Moldenhauer did as well: He scavenged parts from the Physics Department, and built a radio.

+ Read More

Thomas S. Hibbs Appointed President of University of Dallas

The University of Dallas Board of Trustees announced today that it has unanimously selected Thomas S. Hibbs, Ph.D., BA '82 MA '83, to serve as the university's ninth president. The first alumnus of UD to be president, Hibbs has served as dean of the Honors College and distinguished professor of ethics and culture at Baylor University since 2003.

+ Read More