Student Employment Direct Deposit Agreement

STUDENT EMPLOYMENT DIRECT DEPOSIT AGREEMENT

Student Employee’s Name: Last First Middle Preferred

Social Security Number: Student ID#:

Financial Institution/Bank:

All funds must be deposited into one account: Checking or  Savings

This Form Will Not Be Processed If Both Checking and Savings Are Marked

Please tape a check here with the word “VOID” written across the front of the check

If you do not have a check, write your bank’s routing number and your account number here.

 Once activated, direct deposit will be valid for the duration of your enrollment at Furman University.

 You are only allowed to change your direct deposit information once per academic term (changing banks, changing accounts at the same bank, etc.).

 The full net amount of your paycheck will be deposited into one account. Earnings will not be split among multiple accounts.

 It can take up to 30 working days for changes to direct deposit information to take effect (this includes activation, changes, and/or termination). PLEASE LOOK CLOSELY AT YOUR NEXT CHECK TO DETERMINE IF IT IS A PAYCHECK OR A DIRECT DEPOSIT ADVICE.

 I have read and fully understand the above policies. I authorize Furman University to initiate credit entries equivalent to my net pay to the account indicated above and the financial institution named above to credit the same to such account. In the event of overpayment to my account, I authorize Furman University to make an adjusting debit entry to my account up to the amount of the overpayment. Signature: Date:

Return Completed Form to the Student Employment Office (SEO) in the Financial Aid Office