ULM students will receive refunds via the university’s partnership with Higher One this fall.
Students will receive green envelopes enclosed with a debit card. After, they can choose which method to receive their refund, by visiting ULMchoicecard.com.
Options include having money loaded on the card when ULM gives refunds out on Aug. 30, check by mail or direct deposit into the student’s bank account.
But some students have issues with the time needed to give refunds out as check or direct deposit through the Higher One system.
Huyen Nguyen, a senior radiological technology major, doesn’t like the hassle this new procedure is putting on students.
”It’s one extra step and a delay in getting my refund check in the mail,” said Nguyen. “It should be an option you choose when you first do your FAFSA.”
A check takes an extra five to seven business days to be delivered and direct deposit takes an extra two to three days.
Students needing their refunds for books and other necessities may opt for the debit card. Changes can be made after choosing a method, but will not go into effect until the next time refunds are issued.
For Emily Lovelady, a senior elementary education major, it helps her clearly define how she will receive her refund.
“In the past I wasn’t sure if I was getting a check or direct deposit. But I wouldn’t choose the card because I’ve had similar pay cards for jobs. They are too much hassle,” said Lovelady.
Higher One ATMs can be found on campus in the library and other locations.
For further information go to ULMchoicecard.com and check the terms and conditions.