Online Threat Alerts (OTA) - Alerting you to scams and frauds.
I got the email below and I want to know if it is a BankMobile student loan scam or it is the 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.
Emergency Financial Aid Grants?The Department of Education announced plans to provide colleges and universities with funds to award Emergency Financial Aid Grants ("Emergency Grants") for students to help pay for costs like food, housing and transportation.Georgia State University partners with BankMobile to deliver funds to students. BankMobile is committed to ensuring that any student eligible for an Emergency Grant receives it in the quickest, most reliable and safest method possible.Our records indicate that you have selected deposit to an existing account as your preferred method for refund delivery from Georgia State University. The delivery timeframe for this option is 1-2 business days. In order to ensure any funds delivered by BankMobile get to you, please verify your bank account information.
Emergency Financial Aid Grants?
The Department of Education announced plans to provide colleges and universities with funds to award Emergency Financial Aid Grants ("Emergency Grants") for students to help pay for costs like food, housing and transportation.
Georgia State University partners with BankMobile to deliver funds to students. BankMobile is committed to ensuring that any student eligible for an Emergency Grant receives it in the quickest, most reliable and safest method possible.
Our records indicate that you have selected deposit to an existing account as your preferred method for refund delivery from Georgia State University. The delivery timeframe for this option is 1-2 business days. In order to ensure any funds delivered by BankMobile get to you, please verify your bank account information.
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I received this email from my college as well. Ivy Tech instead of Georgia ... it went to the website refundselection.com however I went directly to bankmobile website and updated my bank info selection there to be safe.So when and if I get the grant I know it will be in my account and I didnt get scammed from entering my bank info to another website🙂 hope that helps!
Myself and my boyfriend received it as well. We should start a class action suit for falsifying information to us. As much as we are all stressing over the Covid19, online classes, the end of the semester coming up, other financial stuff going on right now. We don't need these kinds of emails unless they are going to happen.
Hello. I received this same letter except it named the local Portland Community College I attended last term. I am not currently enrolled, have not applied for funding or aid - which I am certainly not eligible for and don’t need- and obviously I didn’t “indicate” that I wanted any funds dispersed into a certain account. I absolutely wouldn’t respond to this email without first contacting your educational institution.
Myself and my boyfriend received it as well. We should start a class action suit for falsifying information to us.
If the link in the email goes to one of the following websites, it is not a scam:refundselection.combankmobile.combankmobilevibe.combankmobiledisbursements.comThe websites are owned and operated by BankMobile.