So, I'm doing the Installment Plan, where I pay in September and in January.

Question is, if I only use $500 out of $750, which is my entrance scholarship, then where does the extra $250 go to? I hope they don't take it away. Does anybody know where the extras go?

Note: This situation occurred because OSAP covered most of my installment payment for September.

McMaster will end up sending you a cheque in the mail =)

Originally Posted by fuzzyskittle

So, I'm doing the Installment Plan, where I pay in September and in January.

Question is, if I only use $500 out of $750, which is my entrance scholarship, then where does the extra $250 go to? I hope they don't take it away. Does anybody know where the extras go?

Note: This situation occurred because OSAP covered most of my installment payment for September.

The money will stay in your student account ready to pay off future installments.

Originally Posted by Ivan Q.

McMaster will end up sending you a cheque in the mail =)

They only send you a cheque if you don't owe them anymore money.

Originally Posted by PTGregD

They only send you a cheque if you don't owe them anymore money.

Oops... missed that... I was looking more at the bolded amount... lol. Yes, it will stay there if needed =)

hey,
they either automatically deduct from your tuition or it stays in your account. From what i remember, mine went straight into my tuition, and as soon as September hit.