Student Banking
Student Banking
BankMobile Disbursements
Schools receiving federal funding under Title IV are required to display their contracts with third party processors of student refunds. Kent State University utilizes BankMobile Disbursements, a technology solution, powered by BMTX Inc. to process student refunds. Select this link for a copy of the contract between KSU and BMTX Inc.
In accordance with Department of Education regulations, we post figures from BMTX, Inc. about this program's annual consideration, participation, and costs. The annual report from BMTX, Inc. for the program year that ended June 30, 2023 can be found here.
2015 the Kent State University Board of Trustees approved a 12-year contract with PNC Bank to provide banking services to the university. Select this link for a copy of the contract between KSU and PNC Bank.
To review student banking features and fees, select the link here.
In accordance with Department of Education regulations, we post figures from PNC Bank about this program's annual consideration, participation, and costs. The annual report from PNC Bank for the program year that ended June 30, 2024 is as follows:
- Total consideration paid in the period July 1, 2023 through June 30, 2024: $506,250.00
- Total number of customers holding student financial accounts which originated under the contract from July 1, 2022 through June 30, 2024: 2,845
- Mean student costs in the year ended June 30, 2024: $8.28
- Median student costs in the year ended June 30, 2024: $0.00
Opening a PNC Student Bank Account
For additional information regarding PNC student banking or to open up a PNC student bank account, please select Virtual Wallet on PNC’s Kent State University homepage.