Stimulus Payment Disbursement


Update: May 7, 2020

Recently, the Cash Management Office submitted the CARES ACT Stimulus payment to your TMS/Nelnet account effective Wednesday, May 6th. Payments to eligible students will not be received timely if any of the following occur:

• You have recently updated “ANY” information on TMS/Nelnet website within the last seven days. If account was updated, you will need to allow an additional 3-5 business days for direct deposit and even longer for US mail.

• You have changed your name on your personal bank account. This too can cause a delay of the CARES STIMULUS direct deposit/check.

• You have recently closed your bank account. Funds will return to TMS/Nelnet and the disbursement process will need to start over.


If any of the above situations occurred, once you have corrected/updated your TMS/Nelnet account you will need to contact the Cash Management Office at cashmanagement@centralstate.edu of the change. The following items need to be included in your email response when contacting the Cash Management Office (CMO) for payment to be disbursed to your account:

• Reference the subject line as “TMS Name Change”

• Full Name and Student ID


Note: All information provided must match your profile in TMS/Nelnet. Once, the Cash Management Office receives the email your file will be processed within 24 hours and you could expect to receive your disbursement in 3-5 days.


Stimulus Payments to Students

These are unprecedented and challenging times for the University and our students. We know you find yourselves grappling with issues you never imagined, and we want to assure you that the University is here to support you and provide the resources and flexibilities you need to continue your education. The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, allocates an amount to institutions of higher learning in order to provide emergency assistance to its students. Central State University has received this federal emergency financial aid and will be disbursing funds to eligible students enrolled during the Spring 2020 semester. This stimulus payment will be disbursed to students to assist with expenses related to the disruption of campus operations due to coronavirus. What does this mean for CSU students? The below Frequently Asked Questions have been created to address the most common questions related to this disbursement.


FAQs


Are any students excluded from the stimulus payment?
Stimulus funds are only available for U.S. citizens. Any student that is not a U.S. citizen or that has withdrawn or been suspended before March 23, 2020 will not be disbursed stimulus funds. In addition, Union Plus or 100% online students will also not be included in the disbursement of the CARES Act funds as they incurred no significant educational disruptions.


When will the funds be available?
The funds will be requested from the Department of Education as soon as available and is expected to be disbursed to students by early May.


How will students be paid?
Students will be paid via Direct Deposit to the account they have selected.


What if I do not have direct deposit set up?
Stimulus payments will be processed and disbursed in the same manner as a typical refund. If you do not have a direct deposit account setup through Nelnet/TMS use the following instructions to complete. All accounts need to be setup no later than April 29, 2020 to receive the stimulus payment.


Log on to Nelnet/TMS - https://centralstate.afford.com
Select Refund
Select Refund Payment Method

o Direct Deposit, or

o Check

Submit