<p>Are scholarships that are won deposited into an account? Do they pay in cash? Are they given to you in the form of a check? How does it work? I plan to move to Hawaii, but I want to take my vespa with me. Shipping costs a lot and if I have a little bit of extra money from scholarships, would I be able to use it for shipping charges?</p>
<p>Usually school scholarships are first applied to tuition & fees with the remainder being dispersed each term. Private scholarships may come directly to you</p>
<p>In most cases…the scholarship check will be sent directly to the college. If, after being applied to all applicable costs, there is money left over…it will either be directly deposited into your bank account or you will get a physical check. There are some private loan companies that will mail the check directly to you…but I don’t know who those lenders are.</p>
<p>-In response to Somemom</p>
<p>That makes sense. So the school would keep the money for tuition in an account that they would dip into for that sort of stuff.</p>
<p>-In response to Dewdrop</p>
<p>Ah ok! So it would be an account that the school keeps. </p>
<p>Thank you both!</p>
<p>It could also go directly to you…</p>
<p>CHECK WITH THE PEOPLE THAT ADMINISTER THE SCHOLARSHIP. That is the only way to truly know</p>
<p>Yeah…the school doesn’t keep the money in their own account. If there is money left over…it will go to your personal bank account. And like the poster above said…check with your scholarship administrator. But what I discussed has been my own experience.</p>
<p>On finaid administered by the school, including some merit $, the monies are released each term to finaid who then pays your tuition bill, anything leftover comes to you, though if you live on campus the finaid dept might pay monies toward that</p>
<p>All my Ds scholarship/loans/grants are paid into her bursar account. All the charges (tuition, fees, books, room, board) are charged to the bursar account. If the scholarships/loans/grants exceed the charges she gets a check from the bursar. If they do not we send a check to the bursar.</p>
<p>Thank you guys! So I should set up a separate account for monies to go into and for the college to withdraw from?</p>