Who is BankMobile Disbursements?
When it comes to receiving financial aid refunds and other credit balances, you deserve choices! Mississippi Gulf Coast Community College has partnered with BankMobile Disbursements to deliver any refund money we may have for you. You will select your refund preference using your personal code which will arrive in your Refund Selection Kit. This kit will be sent in a bright green envelope to your address on file with Gulf Cost.
Why am I getting a Refund Selection Kit?
You will use the unique Personal Code that is included in your Refund Selection Kit to select your refund preference. Once you have your code, follow these easy steps:
- Visit RefundSelection.com
- Enter your Personal Code
- Select how you’d like to receive your money
How will I get my Refund Selection Kit?
You will receive your Refund Selection Kit in the mail at your primary address on file with Gulf Coast. Just look for the bright green envelope and please make sure your address is up-to-date.
What are my options for receiving money?
ELECTRONIC DEPOSIT TO ANOTHER ACCOUNT
Money is transferred to another account the same business day BankMobile receives funds from Gulf Coast. Typically, it takes 1 – 2 business days for the receiving bank to credit the money to your account.
ELECTRONIC DEPOSIT TO A BANKMOBILE VIBE ACCOUNT
If you open a BankMobile Vibe account (upon identity verification), money is deposited the same business day BankMobile receives funds from Gulf Coast.
PAPER CHECK DELIVERED BY USPS
A check is mailed the same business day BankMobile receives funds from Gulf Cost, provided receipt is within daily cutoff times. Typically, it takes 5 – 7 business days for the check to arrive, depending on USPS First-Class® delivery timeframes.
What kinds of money might I receive from Gulf Coast?
The most common type of money BankMobile disburses to students are funds left over from Financial Aid awards, loans, or grants after tuition has been paid. Students receiving these funds have usually requested this additional support to help with books and living expenses.
How is my money delivered?
Delivery of refund money is a multi-step process. First, Gulf Coast draws funds from the respective loan and/or grant provider and applies it to your student account. Next, we collect and verify that all the information is correct. Once verified, we send the information to BankMobile Disbursements. Once BankMobile Disbursements receives your specific refund information, it is processed as fast as possible and disbursed according to your selection.
How will I know when my money has been sent?
BankMobile Disbursements will send you an email to the address you entered during setup. You can also view the status online at RefundSelection.com or sign up to receive text messages sent directly to your cell phone with convenient Mobile Alerts.
Can I change my preference for receiving money from Gulf Coast?
Yes. Just log in to your account and select “Refund Preferences” from the “Refunds” menu option. Once on the page, simply make your new selection and click the “Update Preference” button to complete the process. Be aware that your new selection will only impact future money you receive from Gulf Coast.
What if I don’t make a selection?
Although you might not currently expect money from Gulf Coast, you may receive money back in the future. After all, you may drop a class, make an overpayment, or simply receive assistance you did not expect. Making a selection now ensures you’ll always have this money without delay.
How do I set up direct deposit of my paycheck to a BankMobile Vibe account?
To set up direct deposit, just print out the form available on the BankMobileVibe.com website. To print this form log on to BankMobileVibe.com, click on “Add Money” and scroll down and click” Direct Deposit”. On this page, click “Print Form” and once printed, just hand it to your employer.
Is the BankMobile Vibe account full service?
Yes. Designed exclusively with students in mind, BankMobile Vibe is a checking account that offers the power to bank anywhere, anytime.
What are the key features and benefits of the BankMobile Vibe account?
Through unique features and functionality designed exclusively for students, BankMobile Vibe empowers and guides students in their pursuit of financial and academic success. Plus there’s no monthly fee for students.
Say adios to ATM fees, thanks to over 55,000 fee-free Allpoint® ATMs.
Stamp your way to success! Get rewarded for your smart moves in and out of the classroom with the Passport recognition program.
Manage money in minutes with Money Meter, the BankMobile Vibe accounts interactive budgeting tool. Use it to:
- Track your spending
- Set up monthly budgets in multiple categories
- Monitor your cash flow
- View your spending history
Make bill-paying faster, easier and more secure. With Online Bill Pay you can:
- Set up recurring payments
- Manage Bill Pay recipients
- View payment history
Master your financial universe by setting up reserves to achieve your financial goals. This convenient mobile feature does the math for you and gives you a more accurate view of your financials by delivering a financial snapshot.
Debit Card On/Off Switch
Temporarily turn off your card to help protect against unauthorized use in the event your card is misplaced.
What if I have additional questions?
Visit BankMobileDisbursements.com/how-it-works to learn more.
You can also get easy answers to your questions with BankMobile Disbursements self-service FAQ database available online.
Need additional assistance?
Call the customer care line, specifically for students! 1-877-584-5415
Need to know when you will receive your refund? 1-866-444-4379