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Home » Business Office » How Payments and Financial Aid are applied to your account

How Payments and Financial Aid are applied to your account

Payments are applied to your account within 24 hours of receipt at the Business Office. Tentative distribution date of financial aid funds is usually about the third week of the semester.

 Direct Deposit

Have your financial aid and student payroll direct deposited to your checking or savings account. Eliminate waiting by the mailbox for your check.

Download Direct Deposit Form (pdf) »

Fill out this form and submit it to the Financial Aid Office.

Financial Aid Office
Riverland Community College
1900 NW 8th Avenue
Austin, MN 55912

You will NOT receive an invoice showing your account balance after financial aid is dispersed. An overage check (direct deposit) will be issued if your financial aid disbursement exceeds your total fees. You will receive a financial aid disbursement advice if you have your funds direct deposited.

BE SURE WE HAVE YOUR CURRENT ADDRESS.

You may change your address online or call the Records Office at (507) 433-0520 to update your address if a change is needed.

Download Change of Address Form (pdf) »

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Riverland Community College • 800-247-5039 • TDD 800-627-3529
Albert Lea Campus
2200 Riverland Drive
Albert Lea, MN 56007
507-379-3300
Austin Campus
1900 Eighth Avenue NW
Austin, MN 55912
507-433-0600
Owatonna College & University Center
965 Alexander Drive SW
Owatonna, MN 55060
507-455-5880
We are an equal opportunity educator and employer.
Upon request, the information on this Web site can be made available in alternate formats.

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