Accepting your e-transfer
Once you have accepted your award payment, you'll receive an initial email from NAIT. Within the next 2 to 6 business days you can expect these emails:
1. PayMyTuition (studentrefunds@paymytuition.com) will email you to inform you that your Interac e-Transfer email will be issued within the next 24 to 48 hours.
2. You will then receive an Interac e-Transfer email instructing you to log into your
MyNAIT portal to retrieve your
one-time passcode from your
PayMyTuition student portal, which will allow you to securely access and collect your refund payment.
*If your email address is registered for Autodeposits through your bank, you won't require a one-time passcode to finalize the deposit. Instead, when you select to deposit your funds, you’ll sign into your financial institution and the refund will autodeposit upon sign in.
Important: Please complete the e-Transfer process within these 30 days, after which it will expire. If you do not retrieve your passcode and collect your funds prior to the expiration date, your award payment will be automatically cancelled and the funds awarded to another student.
Finding your passcode
Follow these steps to find your one-time passcode in PayMyTuition payment center:
1. Log into your MyNAIT portal.
2. Select the Open Self Service button.
3. Select the
Financial Account tile to access the
PayMyTuition Payment Center.
4.Select your financial institution (bank) location to be redirected to
PayMyTuition.
5. Within the PayMyTuition portal, select the
Refunds tile.
6. In the Refunds section, you can access the
Outstanding Refunds tab and click on the
icon within the Action column to retrieve your one-time passcode.
7. Then return to the Interac e-Transfer email communication to select the Deposit your Money button, where you'll input the one-time passcode.
- Is your email is set up for Autodeposits with your bank? If so, you won't need a one-time passcode. Just select to deposit your funds, sign in to your bank and the refund will automatically deposit when you sign in.
8. After inputting your one-time passcode, you will be redirected to the following page to select your Canadian financial institution.
Note: Once you receive the Interac e-Transfer email communication, you may choose to deposit the funds into someone else’s bank account if you have access to their online banking. The Interac e-Transfer email containing the Deposit your Money button can only be sent to the preferred email on your student account; however, you may enter someone else’s online banking login details to claim the deposit.
There is a $10,000 limit on domestic e-Transfer refunds. Any refunds above that amount will be split up into multiple payment transfers.