Direct Deposit Information

The Office of Business Services encourages using direct deposit as the most secure and quickest method for receiving bursar account refunds and stipends. Direct deposit refunds are scheduled every working day and should be deposited into your bank account within two to three business days, depending on the bank. You are responsible for verifying funds are available in their bank account before spending the funds. You are notified via e-mail when a direct deposit refund or stipend occurs. If you do not choose to participate in the direct deposit program, your refund is issued by check. Refund checks are mailed on a bi-weekly schedule to students’ local addresses. The Business Services Office cannot cash these University-generated refund checks nor can they cash personal checks.

Signing up for direct deposit is quick and easy. To add/manage banking information and receive deposits electronically, do the following:

1. Log into myOKSTATE

2. Under Applications, click on OSU-OKC Business Services Account

3. Click on “Refunds” on the top menu bar

4. Under “Current Refund Method”, click on “Set Up Account”

5. A dialogue box will appear: click on an “Existing Account” or “Set up a New Account” and the “Continue” button

   • If you clicked on an “Existing Account”, your refund account will be assigned to the existing account

   • If you clicked on “Set Up Account”, enter the required information and click “Continue”

6. Agree to the terms and click “Continue”

How can we provide such an accelerated schedule for Direct Deposit?

The reason is the Direct Deposit Program is completely electronic, eliminating all manual processing steps.
Remember, Direct Deposit is the fastest and easiest way to get a Business Services refund!