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Student Budget Template
The forms listed below in green are now able to be submitted via the MyUT portal.
- Direct Deposit
- Federal Title IV Consent
- Financial Release (Privacy Release)
- Installment Payment Plan
- Transfer of Excess Financial Aid to Rocket Card
The Transfer of Excess Financial Aid to the Rocket Card is an automated process based on the student's electronic authorization via the MyUT portal.
Rocket Card Withdrawal
The withdrawal process is not an automated process. Please print and complete the form and submit for processing to Rocket Solution Central.
Descriptions of the forms are available below.
Direct deposit refunds to students will be given top priority!
Sign up for direct deposit today!
Direct deposit allows the student to have account refunds directly deposited to a checking or saving account. Direct deposit eliminates the concern of a check lost in the mail and normally gives the student quicker access to refund monies. Student's submit and update their account information via the MyUT portal and can update their account information as necessary. Students receive refunds for many reasons, including but not limited to canceled courses, dropping all or a portion of enrolled classes, excess financial aid (see next paragraph), etc.
For students expecting excess financial aid refunds (financial aid exceeding the fees on the student account), the direct deposit method normally deposits the refund to a student’s bank account on the second day of the term providing all financial aid has been processes have been completed and/or approved. The keys to receiving a direct deposit effective the second day of the term are:
- Student's financial aid packaging is complete
- AFederal Title IV Authorization has been completed via the MyUT portal
- Acompleted direct deposit form for a savings or checking account is submitted via the MyUT portal
- Students only need to complete this form one time unless their bank account information has changed or the student wants to change the account they are depositing too.
Federal Title IV Authorization/Restriction
This authorization allows students who receive financial aid (federal loans and grants), to authorize aid to pay for optional fees such as parking permits, legal service fees, telephone charges, etc). Restriction will require a student to pay these types of optional fees on the student account separately and the University will not be permitted to use any federal title IV funds to be used as payment. Students can submit or change their selection via the MyUT portal.
Financial Release (Privacy Release)
Once a student is 18 years of age, a financial release is needed in order for the Treasurer and Financial Aid Offices to release any financial information to anyone other than the student, including parents and spouses as an example. The student must complete the Financial Release Form via the MyUT portal naming the parties to whom they wish information to be made available. This form is specific to the Treasurer, Financial Aid, and Rocket Solution Central Offices and does not allow release of grades. The Registrar also has a a similar form the student may want to complete for release of other information. These forms are required to comply with FERPA regulations.
Installment Payment Plan (IPP)
The University offers an Installment Payment Plan (IPP) to make payment of tuition and fees more convenient for students and their families. Apply via the MyUT portal. A four-month payment option is offered for fall and spring semesters. A 3-month payment plan is offered for the summer semester.
Transfer of Excess Financial Aid to Rocket Card
For students whose financial aid exceeds account charges, our office can transfer available funds, (up to $800 per semester), to the Rocket ID card for the purchase of books and supplies. Providing the student completed an authorization form and excess financial aid is available, funds are transferred one week prior to the start of each term the student is registered. All unused money for the academic year will be removed from the rocket card and posted to the student's account the last week of spring semester. Any unused funds can be applied to outstanding balances and eligible refunds will be issued from the student account.