Raider Fund$

Information on MTSU Raider Fund$ includes:

• General Information
• Regulations
• Deposit Form
• Transfer Credit Form
• Deposit by Credit Card

RAIDER FUND$ General Information

Now you can use one card to pay registration and other student fees, buy meals, make copies in the library AND use the same card to purchase books, supplies, and personal items at Phillips Bookstore.You can even use this same card as identification to receive services at the University Ticket Office, Health Services, the Library, Computer Labs, theBusiness Office, and the Recreation Center.Best of all, the card you can use in all these ways is your MTSU I.D. CARD!

What are Raider Fund$?

A RAIDER FUND$ account is actually a debit card account which works like a credit card. It is a unique money management system activated by your MTSU I.D. Card and is available to all Middle Tennessee State University students, faculty, and staff. Use your card like cash as long as there is enough money in your account to cover your purchases.

How does it work?

It's simple. MTSU I.D. cards are already encoded to provide access to University events and activities.

Now, by making a minimum initial deposit of $10 to your personal RAIDER FUND$ account, you can turn your I.D. card into a RAIDER FUND$ card as well.

Then, all you need to carry is your MTSU I.D. card. When you make a purchase, your account is activated through a card reader, and the amount of your purchase is automatically deducted from your RAIDER FUND$ account balance. Your remaining balance is displayed with each transaction so you'll always know how much money you have!

Please note: RAIDER FUND$ are maintained separately from meal plan accounts which also use the MTSU I.D. card. Policies and procedures of the meal plan accounts are those of the vendor and not of the University.

With a RAIDER FUND$ account, you can also use your MTSU I.D. to pay registration fees, campus phone bills, parking tickets, etc., at the Business Office. In other words, a RAIDER FUND$ account makes your MTSU I.D. the one card that does it all!

Advantages to the RAIDER FUND$ System:

• It gives you an easy way to purchase meal plans from the University's food service vendor or to buy a meal at any of the food service locations. Several offer a variety of choices, from early morning breakfasts to late-night snacks.
  
• It offers you purchase privileges, without cash, for the great selection of books, supplies, gifts, and personal items at Phillips Bookstore.
  
• Your MTSU I.D. card will also serve as your library copy card if you have RAIDER FUND$. (And it costs less than coins.)
  
• It lets you pay registration fees, phone bills, parking tickets, and other student fees at the Business Office cashier windows.
  
• Once you establish a RAIDER FUND$ account, there is little or no need to carry cash or write checks for University meals, supplies, laundry facilities, Coke or snack machines.
  
• If you lose your card, it will be invalidated as soon as you report the loss. Money is safe in the RAIDER FUND$ account.
  

RAIDER FUND$ Regulations Deposits

1. A $10.00 minimum initial deposit is required to open an account.
   
2. Deposits may be made in cash, by check, check card or credit card, money order, or transfer of current student account credit balance.
   
3. Raider Fund$ deposits may be made at any Cashier Window in the Cope Administration Building, by mail to the Business Office, at the Raider Fund$ cash terminals in the Library Copy Center and on the first floor of the Keathley University Center (no minimum deposit required for cash terminals) and through the online credit card payment option.
   

Account Balances

1. Account balances do not expire until the available balance has been spent, refunded, or closed for inactivity (see #3 below).
   
2. An account may be closed by spending the available balance or by requesting a refund if graduating or terminating (see Refunds below).
   
3. If a Raider Fund$ account has been inactive for a period of twelve (12) months and the cardholder no longer has an active relationship with the University, the account balance will be refunded after deducting a $10 processing fee or any other amount due the University (see #2 Refunds below). Account balances of $10 or less will be applied to the processing fee.
   
4. As long as a cardholder has an active relationship with MTSU, the RAIDER FUND$ account balance transfers from semester to semester.
   

Refunds

1. Refunds will ONLY be issued to students that are graduating, students who have withdrawn from the university, and terminating employees.
   
2. All refund requests must be submitted in writing at the Business Office room 103 in the Cope Administration Building.
   
3. A $10 processing fee will be deducted from the balance of the cardholder's account prior to any refund.
   
4. Refund checks will be mailed to the cardholder's permanent address if the cardholder does not specify an address on the refund request document.
   
5. The University will offset against proposed refunds any amounts owed by the cardholder to the University.
   

Returns/Adjustments Cash refunds are not made for returned merchandise purchased with the debit card. Upon return of merchandise, an adjustment will be made to restore the amount to the cardholder's account. Refunds are subject to applicable departmental policies.

Miscellaneous

1. The Official University I.D. must be presented at the time of purchase and is the only method of accessing the cardholder's account.
   
2. Raider Fund$ account balances are non-transferable.
   
3. Additional information may be requested prior to transaction acceptance/completion to ensure that only the cardholder accesses the account. Cardholders may be required to sign a receipt for goods and services satisfied by their debit card account balances.
   
4. Future changes in terms and conditions regulating the use of the MTSU Raider Fund$ will apply to all cards in circulation and their use at the future date and will supersede the terms and conditions in effect at the time the account was opened.
   
5. Cash Withdrawals from Raider Fund$ are Not Permitted!
   

Accounts are easy to activate at the cashier windows in the Cope Administration Building any time of the year. You can even use our internet credit card payment option or our internet payment form to activate an account by mail!