Some schools automatically deduct tuition and housing payments from the disbursements, and provide students with the remaining balance. Other colleges disburse all of the financial aid, requiring students to make tuition and housing payments themselves. The aid money that is left over may be used for books, food, transportation, and personal expenses.
Holy cow, the universities make a boatload off of textbooks! Using one book for a semester (even with selling it back) can cost $100 plus! Many companies like Amazon sell textbooks cheaper than at universities and offer gift cards at a decent rate to sell them back. I had a great experience with the buyback program…much better than selling a book back for next to nothing at the school store!