Is Bank Mobile Disbursement a Scam?

I got an email that tells me to go to Bank Mobile Disbursement to receive my COVID-19 Emergency Financial Aid Grant. The email claims I need to verify my bank account information in order for BankMobile to deliver my funds.

Is Bank Mobile Disbursement a Scam?

Bank Mobile Disbursement at bankmobiledisbursements.com is a Department of Education approved vendor that provides Refund Management, an industry-leading service that processes and disburses financial aid credit balances to students on behalf of college and university administrations and offers an optional checking account for students.

Bank Mobile Disbursement's Website

Bank Mobile Disbursement at bankmobiledisbursements.com

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Is Bank Mobile Disbursement a Scam?