Refund Direct Deposit Profile
Setting up a Refund Direct Deposit profile allows the University to deposit funds electronically into your checking or savings account when a credit (or negative) balance is created on your student account. It does not allow for automatic withdrawals to pay tuition balances. Students are encouraged to create a direct deposit profile by inserting their checking or saving account information in LOCUS. It will ensure fast and secure receipt of your refund directly into your bank account.
How to set up a Refund Direct Deposit Profile
1. Log into your LOCUS account at www.luc.edu/locus
2. Select Refund Direct Deposit Profile under Campus Finances
3. Enter type; Checking or Savings
4. Enter your Routing number from your bank (this is a 9-digit number)
5. Enter your account number
6. Save your profile
Students are responsible for the accuracy and maintenance of their Direct Deposit profile. Refunds are electronically deposited within 2 banking days after the refund is generated in LOCUS into the student’s assigned checking or savings account.
On-campus Banking Information
PNC Bank offers specialized bank accounts for students and Automated Teller Machines (ATMs) throughout campus. You may want to see what PNC has to offer by visiting www.pnc.com/loyola
How to change your refund check to electronic deposit
If a student refund check has already been generated but you prefer to receive your refund electronically then you must create a Direct Deposit Profile in LOCUS with a valid bank account. Contact the Bursar’s office at firstname.lastname@example.org to inform us that you have completed and saved your profile, then we will void the check and electronically deposit your refund into your checking or savings account.
Questions or comments? E-mail us at email@example.com