<p>More specifically, does cars pay out the amount all at once? Or does it just stay in there (i.e a postive account balance) for you to pay off while you go to school.</p>
<p>Or, my guess, is it more of a per semester thing. So half of it you pay when your first semester, half your second, so that you can use your financial aid to pay it.</p>
<p>What if they over bill you? The amount I need to pay now was about $5,100 but they sent $8,000 of my awards to CARS. Does this mean I am already covered for a couple of months worth of installments.</p>
<p>You'll then have $2,900 in credits (CR) on your CARS account that will be automatically applied to the next however many E-Bills that will cover.</p>
<p>Any left-over money from loans, scholarships, etc. will refunded back to you via EFT or a check through snail mail. In Viromonkey's case, if he has, say, $2300 total left to pay on his E-Bill for the semester, he'll get $600 via EFT around the beginning of the semester.</p>