What difference does it make if I sign up for a payment plan after my scholarship money has disbursed? My total scholarship money pays for about 75% of my tuition. I understand payment plans divide tuition payments into around 4 payments. If I sign up for it now, I don't think I can afford the first payment by the deadline. The deadline for the first payment (8/15) is a day after my scholarship money will be disbursed (8/14). That's why I'm thinking of signing up right after my scholarship money is disbursed. If I sign up for the payment plan after the scholarship money is disbursed, will the remaining balance be split into multiple payments? Or will the split still be based on my total tuition, with some parts already paid for?