BankingUpon arrival and check-in with the International Student Office, information on local banking services will be provided. There are several banks within walking distance of the University. The bank you choose depends on your banking needs and the services available.
In order to open a bank account, you'll need your passport, a local mailing address, personal information and money for a deposit. Funds deposited in your account should be in the form of a bank draft, bank wire or check.
If you have a spouse or other dependents, you may wish to open a "joint account." This kind of account allows family members to make use of funds in the account. Each family member must also provide the bank with personal information to include their name on the account.
Managing your money is essential to living in the U.S. The most common expenses students face are tuition, fees, housing, meals, health insurance, books, transportation, clothes, personal expenses, recreation, travel, taxes, family expenses, etc. While the I-20 reflects many of these expenses, a student should also be prepared for unexpected expenses.
If you plan on using a credit card issued by a bank in your home country, please make sure the credit card can be used in the U.S. In the past, there have been some cases where foreign credit cards could not be used in the U.S.
A debit card provides an alternative payment method to cash when making purchases. Its functionality is similar to writing a cheque/check as the funds are withdrawn directly from either the savings/ checking bank account (often referred to as a cheque card), or from the remaining balance on the card. The debit card is multipurpose, acting as the ATM card for withdrawing cash and also as a cheque guarantee card.
For more information on debit cards, contact your local banking center.
Tuition information for the average estimated living expenses to attend WTAMU.
Payment for tuition, fees, room and meals are made through the university Business Office. To assist students with this, there is a payment plan available. Please see Payment Methods and Deadlines for information.