I didn't know it would work that way either. I got the financial aid package when you guys did, some time in the spring. It was all loans, and, though I was a little bummed, at least i was going to medical school.
The scholarship appeared in the fall, and when I asked the financial aid office about it, they said it hadn't appeared earlier because there was a little extra money after the first round of allocations, and since I qualified, I got one. Seriously, the money is enough. You will be able to eat just fine, and you can have a litte fun too, if you budget carefully.
Remember, the first allocation (50% of the total) happens in August, but the second allocation is 5 months away in January. The next allotment then has to last until august. If you're not careful, you'll live high on the hog in the fall, then lean for 8 months. I would advise you to just divide the total by 12 and live accordingly. This might seem like a no brainer, but now you know a successful way to plan it. If anyone is really curious, PM me and I'll send you a copy of my budget and you can see exacltly what kinds of things to expect.