Direct Deposit

How to Enroll in Direct Deposit

  1. Log in to MyRED.
  2. Select "Enroll in Direct Deposit" from the Student Accounts tab.
  3. You'll find information about inputting your bank account for an existing financial account.
    1. If you're looking to open a new account, contact Union Bank and Trust.
    2. If you have an existing bank account:
      1. Select the "Add" button at the bottom of the page.
      2. Input your routing and account numbers. The account type will either be a checking or savings, select one or the other. If the routing number is incorrect, you will get a message saying, "bank not found."
      3. Validate and authorize that you're entering your information by entering the last four digits of your social security number.
      4. You’ll receive confirmation informing you that we now have a valid bank account on record, when it was updated last, the name of your bank account and the last four digits of your checking account.
    3. If you change bank account information, please be sure to update this as it can cause a delay in your refund.

If you’re a parent with a Parent PLUS Loan and would like to set up direct deposit, view our tutorial on how to input a bank account and claim your NUID credentials.

Direct Deposit for Parent Loans

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