Your financial aid will be applied to your billing statement to cover all charges owed to the school such as tuition, required student fees, and other incidental charges. A refund will be issued if your aid exceeds your charges usually during the second week of your first semester attended then during the first week of each semester thereafter. A $500 advance will be issued for books if you have a completed packet in before the start of your first semester. You may restrict the use of your federal aid to current required student fees and tuition charges only.