Refund & Disbursement Management

The Choice Is Yours

Choice is the foundation of the TMS Refund and Disbursement Management Solution. You may offer students a prepaid card, ACH or check disbursements, as well as choice of banking institution for those selecting ACH.

Learn more about Choice by downloading our free eBook, Five Critical Components You Need to Build a Better Refund Program.

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Best Practice Alignment

Our refunding solution is aligned with the best practices as suggested by NACUBO’s, “Student Refunds and Personal Banking at Colleges and Universities”, October 2012 Study and the U.S. PIRG Education Fund, as cited in “The Campus Debit Card Trap – Are Bank Partnerships Fair to Students”, May 2012.  These practices include an unbiased choice for students of where to bank, fees, unrestricted access to funds, strong consumer protections, and no-push marketing or conflict of interest.

http://www.uspirg.org/reports/usp/campus-debit-card-trap

Custom Built for you

TMS offers a customized, purposefully built, school branded refund management solution to meet the needs specific to the education industry. Many of the features and enhancements were suggestions from your peer institutions.