The following documents comply with federal regulations from the Department of Education. They cover banking information that includes the marketing of services to Miami students.

• Independent Registered Municipal Advisor (“IRMA”) letter (PDF)
• PNC Agreement (PDF)
• PNC Agreement First Amendment (PDF)
• Virtual Wallet Student terms (PDF)
• See PNC for Major features and fees of financial accounts (PDF)
• See PNC for Terms and conditions of financial accounts (PDF)

FY2023 Compliance Data

1. Total consideration paid in the period July 1, 2022 through June 30, 2023: $175,000.00

2. Total number of customers holding student financial accounts which originated under the contract from July 1, 2021 through June 30, 2023: 1,285

3. Mean student costs: $5.01 in the year ended June 30, 2023

4. Median student costs: $0.00 in the year ended June 30, 2023