Student Banking | Kent State University

Student Banking

Student Banking

Customers Bank

Schools receiving federal funding under Title IV are required to display their contracts with third party processors of student refunds. Kent State University has contracted with Customers Bank to process student refunds. Select this link for a copy of the contract between KSU and Customers Bank.

For a list of student banking features and fees, select links below:

In accordance with Department of Education regulations, we post figures from Customers Bank about this program's annual consideration, participation, and costs. The annual report from Customers Bank for the program year that ended June 30, 2017 is as follows:

  1. Total consideration: $0.00
  2. Total number of customers holding student financial accounts which originated since July 1, 2016 and were open at any time during the year ended June 30, 2017: 6,528
  3. Mean student costs: $12.93 in the year ended June 30, 2017
  4. Median student costs: $0.00 in the year ended June 30, 2017

 

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 below:
https://www.pnc.com/content/dam/pnc-com/pdf/personal/UniversityBanking/DOE_VWS.pdf

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, 2017 is as follows:

  1. Total consideration:  $267,187.50
  2. Total number of customers holding student financial accounts which originated since July 1, 2015 and were open at any time during the year ended June 30, 2017:  5,309
  3. Mean student costs:  $16.61 in the year ended June 30, 2017
  4. Median student costs:  $0.00 in the year ended June 30, 2017

 

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.