Disbursement Options

Your Financial Aid Disbursement Options                            

                                                                                      

Effective Fall 2018:

Saddleback College has partnered with NelNet, who has replaced MoneyNetwork as our new student refund vendor.  Through this new partnership, Saddleback College will offer 3 refund options:

  • Your bank account via ACH direct deposit 
  • Direct deposit to a reloadable debit card of your choice
  • Paper Check

Choose how you will receive your financial aid funds by authenticating and verifying your identification by logging into your MySite 3.0 account. If you will be choosing direct deposit to your current banking institution or to a reloadable debit card of your choice please have available your bank routing information (found on the bottom of your check or deposit slip). If you choose not to sign up for an electronic disbursement option, by default you will receive a check via U.S. Postal Mail to the home address on file with the college.
 

How to select a refund method:

 

Step 1: Log into MySite 3.0 and click on "My Information" on the top utility bar. *It is recommended to use Chrome or Firefox browsers.

Step 2: Click on Financial Aid Status. *You may need to allow pop-ups in your browser window.

Step 3: Click on "Financial Aid Disbursement Method".

Step 4: Verify your profile information that was passed into the NelNet system from your MySite profile and ensure it is accurate and complete. Enter a secondary email address and click next. 

Step 5: Set Up your security questions.

Step 6: Opt in or out of text messages. *Carrier rates may apply.

Step 7: Select your refund method and click "Save". *It is recommended that you select direct deposit to your own personal bank account or reloadable debit card of your choice. 

Your refund selection is now complete! 

You can log into MySite 3.0 at any time to edit or remove your refund method, edit your profile, view history of refunds, profile changes and email notifications.