College Students: Here’s How to Request Money from Your Parents Fast
According to LENDedu, 50 to 57% of college students get some sort of financial help from their parents. In addition to helping with the typical college expenses like tuition, books, housing and food, many students rely on their parents to help them out when urgent situations come up.
Life happens. Cars break down. We forget our cell phone bill payment is due tomorrow. If you’re fortunate enough to receive financial support from your parents, a fast, safe and easy way to request money from them when you’re in a pinch is through Zelle®. When your parents send you money with Zelle®, money will be available directly in your account in minutes1 to spend on whatever life throws at you.
Parents aren’t using Zelle® yet? No worries. It’s super easy to teach them how.
Heads up: They may feel especially cool after learning how to send money using their phone. We can’t promise they won’t act “extra” or call everything ‘lit.’
How to Get Your Parents Started Using Zelle®
Tell your parents Zelle® is a safe way to send money to people they know and trust. And they can have peace of mind that Zelle® is safe because it’s offered by banks and credit unions of all sizes across the U.S. You can show them a quick video on how Zelle® works.
Check to see if your parents already have Zelle® in their bank’s mobile app or online banking. If they already have Zelle® through their bank, they won’t have to download another app, which makes it super easy for them. If they don’t have Zelle® through their bank or credit union, they can simply download the Zelle® app. Your parents can send and receive money with friends and family at different banks using the Zelle® app.
Whether using Zelle® through their bank's mobile app or by downloading the Zelle® app, your parents will need to enroll in Zelle® before they can start sending money. They’ll be prompted to follow a few simple steps to complete enrollment, and then they can start sending and receiving money with Zelle®. After mom or dad enrolls, have them pick a person to pay (probably you!) and enter the amount they want to send. It’s that easy. For example, if your parent wants to send you $200, that money will go directly into your bank account and be available for you to spend in minutes1.
Using Zelle® is an easy way to quickly request money from your parents this school year. It’s more convenient than cash and checks. And since it’s offered through banks and credit unions across the U.S., it’s something you and your parents can feel safe using.
Learn more about how to get started using Zelle® this school year!