electronic funds thing...

<p>how bad is it if I miss the deadline for setting up the Electronic Funds thing? cause I added a new account a few days ago, but I didn't realize at the time that it would take 7 business days to activate it and now I think it'll activate pass the deadline. how bad is that?</p>

<p>The EFT is only for you to get a refund of any excess, after your financial aid pays for tuition and room and board. If it is not set up in time, they will simply print up a check which you pick up and carry to your bank to deposit.</p>