Is money taken from scholarships and grants before loans?

Paying for College
1

<p>Ok this is the bill I just received:
DATE DESCRIPTION CHARGES CREDITS </p>

<p>08/20/2007 General Fees 396.00<br>
08/20/2007 Instructional Fee 2,632.00<br>
08/20/2007 Info Tech & Inst Equip Fee 105.00<br>
08/20/2007 Ohio Instructional Grant 730.00CR
08/20/2007 University Need Grant 333.00CR
08/20/2007 Federal SEOG 300.00CR
08/20/2007 Cincinnatus Century Scholarship 666.00CR
08/20/2007 CCM Honors Scholarship 666.00CR
08/20/2007 Federal Pell Grant 886.00CR
Estimated Stafford Loan - Unsubsidized 545.00CR
Estimated Perkins Loan 700.00CR </p>

<p>Balance Due: 1,693.00CR </p>

<p>My question is this: will the college take the money owed out of my scholarships and grants before they take it out of the loans? Because I have enough money to pay this bill with just the scholarships and loans so obviously I don't want them to take money out of the loans so that I have to pay them back. Someone please tell me!</p>

2

<p>The way my Ds school does it is that all the financial aid for the semester is paid into the bursars account. This includes scholarships, grants and loans. Once the money is paid into the bursar account it is not split by source - it is just a total sum of money. Then the costs are charged against that total sum. Once the loan is paid into the bursars account you owe the money.</p>

<p>You would need to decline the loan before it is disbursed to avoid this situation in the future.</p>