University of South Carolina Beaufort Business Office AUTHORIZATION AGREEMENT FOR ELECTRONIC DEBIT AND CREDIT ENTRIES Electronic Check Transfer (ECT) offers convenience, control and security in paying fees and other charges. It also allows you to receive your Financial Aid overage checks directly into your bank account. Signup by completing the form below and returning it to the Business Office at least two weeks before the time you wish to pay your fees. Then log on to vip.sc.edu and request payment by Electronic Check. USCB will automatically charge your account for the exact amount that you owe. VIP will respond with a payment transaction number, which you will retain as proof and verification of a successful payment.
Any available financial aid you are receiving will be conveniently deducted from your bill. ECT also provides automatic deposits of funds resulting from Financial Aid and Scholarships awards which exceed the amount owed to the University. ECT deposits could result in you receiving your Financial Aid excess prior to the first day of classes. ECT deposits normally take 24 hours, however it could take up to 72 hours to be credited to your account. Always verify the funds are in your account before attempting to use these funds.
Mail the Agreement to: Business Office, USC Beaufort 801 Carteret Street Beaufort, South Carolina 29902 AUTHORIZATION AGREEMENT FOR ELECTRONIC DEBIT AND CREDIT ENTRIES Check one:
New Account: _____
Change Account: _____
Close Account: _____
Student Number: (Social Security Number)______________________________ Student's Last Name: ________________________________________________________________________ Student's First Name: ________________________________________________________________________ Work Telephone: __________________________ Home Telephone: _________________________________ I (We), ____________________________________________________________________________________ (Name of bank account holder)
authorize the Business Office of the University of South CarolinaBeaufort to initiate debit entries for academic fees and other charges WHICH HAVE BEEN PERSONALLY INITIATED THROUGH THE VISUAL INFORMATION PROCESSING SYSTEM (VIPS), or any such adjusting entries (debit or credit) necessary for corrections, to my (our) named account at the Depository (banking institution) indicated below. This authorization is to remain in full force and effect until the University of South Carolina or I receive written notification of its termination, at such time and in such manner as to afford the University of South Carolina and my (our) Depository (banking institution) a reasonable opportunity to act on it.
Depository (banking institution): _____________________________________________________________________ CHECKING ACCOUNT ONLY: STAPLE VOIDED CHECK HERE Signature: _______________________________________________________________________________________ Other Signature (Joint Account): _________________________________________Date: _______________________ YOU MUST ATTACH A VOIDED CHECK Please allow at least two weeks for this method of payment to become effective. For more information call the Business Office at (843) 5213107. Termination Address: Business Office, USC Beaufort, 801 Carteret Street, Beaufort, SC 29902 FOR OFFICIAL USE ONLY