Electronic Refunds

Sacred Heart University issues all student refunds through electronic funds transfer (EFT). The University has partnered with ‌BankMobile, a financial services company to bring this new method of refund disbursement to campus. This service provides higher education institutions and their students with efficient, convenient and easy-to-use solutions to handle financial disbursements.

The program provides SHU students with increased choices when it comes to receiving their financial aid or school refunds. The University releases funds electronically to the student’s existing bank account through ACH transfer or directly to their Vibe account.

What Students Need to Do
A Personal Code is mailed to each newly registered student’s current home address on file with SHU in a bright green envelope with the Sacred Heart University shield visible in the address window.  DO NOT THROW THIS ENVELOPE AWAY. The envelope contains your Personal Code which is your access code for the registration website.  This is where you will select your refund preference. 

‌It is critical that all students verify their current home address through WebAdvisor as soon as possible. For information on how to get started, download the BankMobile Disbursements brochure.

We are very excited about this opportunity to provide SHU students faster service and increased choices for receiving their refunds.



To view our contract with the servicer click here.