The Direct Deposit Program is available to students receiving fellowships or research assistantships, as well as compensation as part-time adjunct instructors.
If you were on direct deposit in the 2014-15 academic year for either a fellowship, research assistantship, or adjunct appointment, you will continue to be on direct deposit in 2015-16. You do not need to do anything further (unless you have changed banks; if so, you will need to update your record). This is true even if your type of support has changed this year.
If you are not already on direct deposit, we ask that you take advantage of this service as soon as you receive your first stipend check. Once direct deposit is established (it may take 2 or more weeks), you will have access to your funds faster than by check.
To be eligible for direct deposit, you must have a checking or savings account at a bank that is a member of the Federal Reserve Bank’s Automatic Clearinghouse (most U.S. banks and credit unions are members).
Whenever you change banks or switch accounts, you must change your direct deposit election. If you fail to do so, your payment will be misdirected and delayed.
Signing up for direct deposit (or changing your bank information for a previous direct deposit election):
Sign in to your NYU home page at home.nyu.edu, and go to the "Academics" tab.
Go to the section labeled "PeopleSync: Manage your HR, Payroll and Stipend Information." Click on the "PeopleSync Login" button.
Click on the "Menu" button in the upper-left hand corner (to the left of "search") and then click on "All About Me."
Go to the "Actions" section and click on "Payment Elections." You will be able to change your current election there. The options are either check or direct deposit. Please be sure to add your bank account information before you click on the button to "change elections."
Please click here for additional information.