I am currently a high school senior and have been admitted to UCSD. In my Financial Aid Tool, one of my "Mandatory Tasks" for receiving my Financial Award, is to register for the "UCSD Direct Bank Deposit." What is this exactly ( I tried reading about it, but it just made me more confused)? Is it absolutely mandatory that I register for it? I don't have a bank account right now, will I need to get one before registering for the UCSD Direct Bank Deposit? Is there a registration and/or late registration fee for it? If so, how much for each/either?
Thanks in advance!
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