Set up Payment Elections for Student Refunds in Workday
Overview
This guide will assist students on how to set up your payment elections in Workday. Payment elections allow you to identify the bank account you wish your student refunds, or eligible stipends, to be electronically deposited.
Set up Payment Elections for Student Refunds in Workday
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On your Workday homepage, click View All Apps or use the side menu to access your Finances app
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From the menu, under Student select Finances
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Under the Student Accounts heading, click “more” to expand the menu. Select Set Up Payment Elections.
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To add payment election information, use the Add button to enter your bank account information.
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On the Payment Election Option screen, enter the required information as shown below:
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Preferred Payment Information
- Expense Rule: Direct Deposit AP
- Student Refund: Direct Deposit Student Refund
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Account Information
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Routing Transit Number
- Note: Certain bans have more than one routing number. To avoid delays, please use your bank’s routing number that is designated for ACH payments.
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Account Number
- Note: The bank account number is not the 16 digit number on your bank debit card. Please be sure to locate the correct account number.
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Bank Name
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Once completed, click OK to submit.