Finances

Opening a Bank Account

Many international students choose to open a bank account in the U.S. while they are here, since this makes it easier to have access to money and take care of expenses. If you are planning to work on-campus, you should open an account so that you can receive your paychecks through direct deposit.

There are many banks to choose between in Campbellsville. Feel free to find the one that works best for you. There are several banks within walking distance of campus, and Citizens Bank and Taylor County Bank have ATM locations on campus by the mailroom.

 

Banks in Campbellsville

  • Citizens Bank & Trust Co
    • Phone: 270-465-8193
    • Address: 201 E Main St, Campbellsville, KY 42718 
  • Taylor County Bank
    • Phone: 270-465-4196
    • Address: 201 Lebanon Ave, Campbellsville, KY 42718
  • Forcht Bank 
    • Phone: 270-789-1850
    • Address: 391 Campbellsville Byp, Campbellsville, KY 42718
  • Community Trust Bank 
    • Phone: 270-789-5900
    • Address: 402 Campbellsville Byp, Campbellsville, KY 42718

 

Required Documents

When you go to the bank to open an account, you should bring:

  • Your CU student ID
  • Your passport
  • Your visa
  • Your I-20
  • Your post office box (UPO) number
  • The name of your Residence Hall and dorm room number
  • $100 for deposit

 

Important Note for Students Under 18

Students under the age of 18 will need to have a parent or guardian accompany them and provide identification in order to open a bank account. If this is not possible, some students under 18 have had success using The One App. The One App provides students with a routing number and debit card. 

 

Currency Exchange

Bring enough cash to take care of your immediate needs.

It's best to exchange your currency before you arrive. Campbellsville does not have any currency exchange services. Foreign currency exchange is available at Fifth Third Bank in the Louisville International Airport (SDF). It is located on the upper level of the terminal. Students will need at least one form of ID (Passport/Visa) to exchange up to $1,000 USD.

If you need to provide an American address, you may use this address and phone number:

1 University Drive, Campbellsville, KY 42718
(270)789-5051

 

Taxes

Taxes are due in the United States on or near April 15 every year.

Most international students are surprised to learn that they are required to send paperwork to the IRS if they were in the U.S. as a student during the previous calendar year, even if they did not work. Students that begin their studies in January can wait until the following year before they are required to submit paperwork.

All international students are required to file a form 8843, regardless of whether you earned any money while in the U.S.

Students who had a job or received a performance grant are also required to file a tax return.

CGE has paid for all international students to have access to Sprintax, tax preparation program for non-resident students. Sprintax will guide you through the tax preparation process, help you arrange the necessary documents and check whether you are due a tax refund. Students will receive more information on this process during the tax season.

Watch these videos for information about getting started with Sprintax.

CGE will send all current students who are required to complete tax paperwork an email in January each year. It is a good idea to complete this process as soon as possible instead of waiting until the last minute since the process can sometimes take a while to complete.

CGE will pay the cost of your Federal Tax Return. If you are required to file a state tax return, you will need to pay for this part of the process or fill out a paper form on your own. You can get more information about Kentucky taxes here.

Sprintax has a 24/7 Live Chat helpline to help you with the process, or you can contact Dr. Davaa Dorjsuren in the Center for Business & Financial Literacy, located next to CGE, if you have additional questions.