HOW AND WHEN WILL I GET MY MONEY? Any grant or scholarship you receive will be credited against the amount of tuition and fees that you are charged for the term. Any outstanding balance not covered by financial aid is your responsibility and non-payment may result in late fees. In some instances, grant and scholarship aid may exceed your tuition and fee charges. The Business Office will send any excess monies to you for your other educational-related expenses, such as textbooks, transportation and personal expenses. Loan funds are sent directly to Wilson by your lender, either electronically or in some cases, by check. Wilson College will notify you when the loan funds are received. The loan proceeds will be credited to your semester student account. The Business Office will refund to you any excess loan funds to cover other educational expenses you may have. Loan funds will not appear on your Statement of Account until they are received by the College. Students are encouraged to provide banking information so that the Business Office may directly deposit refunds into the student's personal checking account. Work-study funds must be earned. Work-Study follows a bi-weekly pay schedule and all students are encouraged to receive pay via Direct Deposit. Work-study funds are used to help students with other miscellaneous educational expenses.