MTSA utilizes an electronic funds transfer (EFT) system to disburse credit balances/refunds of financial aid into student’s personal banking accounts. Any amount of assistance a student received above direct charges is a credit balance owed to them and will be issued via EFT. Credit balances are posted to student accounts within 14 days of the disbursement date. Students will complete an EFT Authorization giving permission to wire funds to their personal account.