If you have a balance after the school pays itself the tuition and fees you owe them then you simply request the bursar distribute the remainder of the funds to

If you have a balance after the school pays itself the tuition and fees you owe them then you simply request the bursar distribute the remainder of the funds to your bank account. You then use that money to pay your living expenses. Of course, if you bought your room and board from your college there would be little to no money leftover after tuition and fees were paid. Source: Personal experience.