What is an EFT?
An Electronic Funds Transfer or EFT, allows for your payment to be electronically withdrawn directly from your checking account(s) or, in some cases, from your savings account(s). We use this as a back-up only in the event that your allotment does not go through. The EFT form is a requirement of the application process.
Well, it’s several things: It’s a series of online webisodes. For each Electronic Field Trip, we go to some pretty cool places and see some pretty amazing things. We see and learn so much, in fact, that it doesn’t always fit into a single website or a live broadcast. So for all those interesting tidbits of information that we want to share, we created “webisodes” — 5- to 10-minute video clips that we launch every week to examine the EFT content from a unique perspective. Webisodes can be viewed through our online player, or you can subscribe to them through the iTunes online music store. To learn more about webisodes, visit our page with more details. It’s a website. Each field trip includes a website specifically geared toward the content of that EFT. This site serves two purposes: To provide you with the background and materials to guide your students through this field trip, and to provide interactive content that gets at the subject of this EFT. Each field trip has a teacher side a
An electronic funds transfer (EFT) is a process whereby money is transferred from one place to another electronically. Computers are used to process payments in a variety of ways. The EFT procedure is a quick and efficient way to transfer money from one account to another. EFT is used millions of times a day the world over. If you are earning a salary, your cash may be placed into your bank account by EFT. You can then withdraw money from an automated teller or use your debit card to pay for goods and services. Using your debit card in a store to pay for goods is another example of EFT. EFT has simplified the money transferring process. Once money has been paid into an account using this procedure, it should be available immediately. Some banks and processes may hold up the transfer of funds in order to verify and process the transfer. EFT has made buying and selling on the Internet a much simpler way to conduct business. Many Internet sites allow you to pay for goods by electronic fun
