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					UM Debit Card
Explore your options at: Debit Card/default.aspx

The University of Montana has focused on offering a faster delivery of student refunds to students. The new methods
for receiving these student refunds is the UM Debit Card Debit MasterCard®. The UM Debit Card will be your key to
faster student refunds and increased choice for receiving your Financial Aid or school student refunds, including
ACH (Direct deposit, 2-3 business days), paper check (Spring 2011 enrollees only, 5-7 business days) and the Easy
Refunds method through Higher One (Same day service). With this new card on the way to campus, it’s natural that
you may have some questions. Below are answers to some of the most frequently asked questions about the all-new
UM Debit Card and this new student refund process.

1. How are student refunds from The University of Montana delivered to students?
Student Refunds are delivered via the option selected when activating the UM Debit Card. Activate your refund
preference and make your student refund selection online by visiting Once your refund
preference is selected, funds are sent from UM to Higher One who then disburses the student refunds according to
your selection. (Please note: In order to receive a student refund, you must SELECT YOUR REFUND
PREFERENCE as soon as your card arrives in the mail.)

2. How do I get my UM Debit Card?
The University of Montana students will receive a UM Debit Card from Higher One in the mail at their primary address
on file with UM. Be on the lookout for a bright green envelope.

3. I don’t think I will ever get a student refund. Why should I select a refund preference?
Although you might not currently expect a student refund from The University of Montana, we may have a student
refund for you in the future. After all, it may be necessary to drop a class, a class may be cancelled or you may simply
receive a scholarship or assistance you were not anticipating. You may also have overpaid a charge or have had a
previously paid charge reversed. Selecting your preferred method to receive student refunds from UM ensures you’ll
always receive your student refunds in a timely manner.

4. What if I already selected a refund preference?
Even if you’re already receiving a student refund from The University of Montana, you are required to activate your
refund preference as soon as you receive your card! It only takes a minute to activate your refund preference with UM
and Higher One to avoid any delays in getting your student refund.

5. What are my options for receiving Financial Aid or other student refunds?
• ACH Transfer to other bank (student refunds available 2-3 business days).
• Paper check (student refunds available 5 -7 business days).
• Easy Refund to the OneAccount (student refunds available the same day UM releases them).

6. What are the advantages of having my student refunds electronically deposited?
• Depositing your student refund electronically is the quickest way to gain access to your student refund money.
• When you setup your electronic method you will only be required to do it once for the electronic method you select.
• You will not have to check your mail, or worry about mail getting lost.
• You will not have to go to a bank to cash a check each semester.
• You will not have to wait for funds to become available as a bank verifies the check.

7. How will I know when my Financial Aid or other student refund has been deposited or
Higher One will send an email to the address you entered during activation when your student refund has been
deposited or sent. Additionally, you can view the details online at

8. How can I have my student refund deposited to another bank account?
You may have your student refund deposited to the bank of your choice. In order to have your student refund
deposited to your bank, activate your refund preference as soon as you receive the card by visiting During the activation process, select ACH Transfer to other bank for your refund preference and
simply complete, print, and send the required third party form to the designated address. The form will be available
online during the activation process.
9. Why is the MasterCard Brand Mark on my new UM Debit Card?
If you choose to use the UM Debit Card as an actual debit card remember, the UM Debit Card is NOT A CREDIT
CARD. However you can use it for purchases at all participating merchants that accept Debit MasterCard, get cash at
ATMs, pay bills and more. The UM Debit Card can be used to make purchases wherever Debit MasterCard is
accepted. It is important to note that the UM Debit Card is NOT A CREDIT CARD, but rather a DEBIT CARD backed
by the purchasing power of the MasterCard network.

10. Is the University making interest off of my refund?
No. The two to three days it takes for my Direct Deposit is due to the multiple wire transfers. The University of
Montana has to transfer funds to Higher One and then once Higher One is done processing the refund files, it has to
transfer the funds to your bank.

11. How is The University benefiting from the UM Debit Card and ACH depositing?
The changes are to reduce the cost of mailing paper checks, to reduce the cost of postage, and to eliminate paper
waste and to provide better choices for students to receive their refunds faster.

12. How do I use my UM Debit Card as a debit card for free?
In order to avoid transaction fees, students are encouraged to use the swipe and sign method when making
transactions. Always select credit (even though it is not a credit card) to avoid the pin-based charge. More
information on avoiding fees is located at 
13. What happens if I do not make a refund selection?
If you do not make a selection you will face a serious delay in receiving your money. Your refund will be sent to you
by Higher One after 21 days.

14. What happens if I lose my card or need to replace it?
If your card needs to be replaced, please stop by Business Services in Griz Central or call Business Services at 243-

15. Why do I need to give personal information to Higher One?
Higher One needs some personal information to activate and verify your account. This is a precaution to ensure you
are who you say you are, and to verify the information matches to the information you had previously provided to The
University of Montana.

16. What if I have additional questions?
Answers to additional questions along with an activation demo can be found by visiting, or
stopping by Griz Central, or to call Student Account Services at 406-243-2223 to learn more today. Additionally,
Higher One offers easy answers to your questions with Easy HelpSM–our self-service database containing answers
to frequently asked questions.

17. How do I activate my UM Debit Card and select my refund preference?
As soon as you receive your UM Debit Card, you will need to activate the card by visiting Log
into by entering the 16-digit number on your UM Debit Card and complete the following step-by-
step instructions.

1. Authenticate card
2. Create username and password.
3. Verify and complete personal profile
3. Click “Show me all choices” at the bottom of the “Learn about your Refund Choices” page
4. Select refund choice (“Easy Refund” “ACH Transfer” “Paper Check”)
5. Select email notification preferences
6. Review and print Summary page. 
7. Sign out.

Note: Once you complete these steps, you will be sent an email summarizing your choice. You will also receive an email
asking you to confirm your email address. This email will contain a confirmation code. It is important to confirm your email
as this provides you with added security and ensures that you will receive necessary information.