Treasury Regulatory Reporting
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)
FY2022 Compliance Data
- Total consideration paid in the period July 1, 2021, through June 30, 2022: $175,000.00
- Total number of customers holding student financial accounts which originated under the contract from July 1, 2020, through June 30, 2022: 1,207
- Mean student costs: $4.56 in the year ended June 30, 2022
- Median student costs: $0.00 in the year ended June 30, 2022