If you are an active student
and have a credit balance, not as a result of
temporary credits, you may be entitled to receive
a refund. Refunds can be produced via a check
or through Direct Deposit.
Wachovia Bank has been selected
as the University’s
Treasury Services Provider. Effective November
15, 2006, all student refund checks will be issued
by and drawn on Wachovia Bank.
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If you receive a paper check you can continue
to deposit or cash your check at your personal
bank, or cash it at ANY Wachovia branch,
for NO FEE with two forms of I.D. (one of
which must be government issued).
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Effective September 4, 2007, PNC
will no longer be cashing student
refund checks for non-PNC customers.
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Citizens Bank will no longer cash refund
checks issued after November 15, 2006 for
non-account holders.
Wachovia locations nearest
to Penn’s campus:
- 3431 Chestnut Sreet
Philadelphia, PA
215-222-2139
- 2105 Market Street
Philadelphia, PA 19103
215-982-4702
- 1700 Market Street
Philadelphia, PA 19103
215-496-4120
- 1712 Walnut Street
Philadelphia, PA 19103
215-790-0415
Student Financial Services’ preferred
method of processing your refund is via Direct
Deposit. If you are an active student and have
a credit balance, you may be entitled to receive
a refund. In fact, over 50% of Penn students
receive a refund annually. To receive your refund,
you must enter your bank account information
in our new, online, secure website. In addition,
your bank account information will also be used
by the University’s Payroll Office if you
are working at Penn; this would include work-study
jobs and other Penn employment. Sign up online
on our secure website here: https://medley.isc-seo.upenn.edu/uatPenn/jsp/fast.do?fastStart=directdep
Accounts must be with a domestic financial institution
(bank or credit union); accounts in foreign financial
institutions are not eligible. It takes at least
two (2) weeks for the information to become active
upon receipt of your account information.
Contact Student Financial Services, Room 100
Franklin Building, by phone at 215-898-1988 or
via e-mail at sfsmail@sfs.upenn.edu if you have
any questions.
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