Sallie Mae debit card

Sallie Mae’s debit card is an integral part of our Refund Disbursement System. It saves you time and money when you need to refund students for overpayments, stipends, work-study payments, and much more.

With the new Sallie Mae Debit MasterCard® card, you don't have to manually distribute checks, clog up your offices with waiting students, or worry about mailing checks to outdated addresses. All the work is done by Sallie Mae quickly and efficiently.

The Sallie Mae Debit MasterCard card offers so many advantages to our refund disbursement customers:

  • Services provided at no cost to your business office.
  • It's accepted anywhere MasterCard® debit cards are accepted.
  • The debit card can be used at any of the 32,000 Allpoint™ surcharge-free ATMs.
  • It comes branded with your school name and logo.
  • You can reload the same card with future refunds.
  • Family members can transfer funds automatically from a credit card.
  • Funds on the card are FDIC-insured to at least $100,000.

Your students will appreciate the convenience and speed, and you'll enjoy the efficiencies and accuracy we provide.

To learn more about the debit card, call Business Office Solutions at (800) 531-4300.

This card is issued by Sallie Mae Bank pursuant to license from MasterCard International. Sallie Mae Bank®, Member FDIC.


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More benefits

See all the ways our Refund Disbursement program can benefit you and your school.

FAQs for your students and you

Learn more about how the Sallie Mae debit card works for your students. Read the Frequently asked questions about our debit card.


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