if yours is anything like mine, this is what would happen:
1. you get accepted for financial aid.
2. your tuition is deferred
3. tuition is taken out of whatever financial aid you recieve, the rest you either get a check (or in my case) direct deposit into my checking account. also i nmy case, i didnt get the balance of the financial aid until after about a month of school. i guess they did that to make sure i didnt drop any classes or anything.