Okay so I've read lots of things that say the entrance scholarship should be in my student account by the beginning of August. I'm just not really sure what that means because there isn't anything on "Student accounts & cashiers" that says, hey here's your money kinda thing. Is it that for some reason I haven't gotten mine yet, or maybe I'm not looking where I should be? Perhaps this is happening to other people as well?

arrggh

Under "Financial Aid", click "Scholarships and Awards" and you should be able to see your entrance scholarship .

They should also show up on your payment agreement... no?

Guess something went wrong or they haven't processed mine yet, thanks anyways!

If you're talking about the $1000 scholarship, I don't think you actually "get" the money to spend on anything other than tuition.
Mac basically recognizes that your high school average is good enough and the option appears on your payment agreement-you can now choose it to go toward your tuition. Think of it like a deduction, not money that you can use to spend on rent/booze or whatever.