Direct Deposit

You can update your direct deposit information online via the ISUPortal by following these steps. A paper form is available at the bottom of this page.

Indiana State University Direct Deposit Policy

Effective July 1, 2000, all newly hired employees are required to authorize electronic direct deposit of their pay except for work study students who are exempted by federal work study regulations. All other employees are encouraged to take advantage of the benefits of direct deposit. Employees are asked to provide a voided check or deposit slip to verify account information. Please be sure to notify the Payroll Office promptly and provide a new authorization when changing financial institutions or account numbers. Use the following link to download the Direct Deposit Authorization Form.

What is Direct Deposit?

Direct Deposit is a safe and secure way to have your pay deposited directly into your checking or savings account.  Indiana State University will electronically transfer your pay into your account.  So instead of taking the time to deposit a check yourself, the money will automatically be deposited into your account on pay day.

Why Use Direct Deposit?

Direct deposit offers many advantages over checks, including:

Security: With direct deposit, you don't have to worry about lost, stolen or misplaced checks.

Reliability: You no longer need to wait for your department to pick up and issue your checks.  You can have peace of mind knowing your money will always be in your account on time, and in some cases, available sooner than with a check.

Flexibility: If you decide to switch accounts or change financial institutions, it's easy to change your direct deposit arrangements.  You simply need to complete a new Direct Deposit Authorization Form and return it to the ISU Payroll Office.

Direct Deposit Authorization Form