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OSU doesn't require students to pre-pay tuition before each term, so every student at Oregon State University has a student account, and must e-sign the "Revolving Charge Account Agreement" found in Student Online Services which outlines rights and responsibilities of the billing account.
Financial Aid and Scholarship money is credited directly to the student account and is used to pay tuition and qualifying charges. Any excess financial aid is refunded to the student in the form of a check or direct deposit to the student's bank account. When you finish registering, your schedule is official. This obligates you to pay all tuition and fees for your classes.
Tuition Reduction Schedule (Academic Year)