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Financial Aid and Living off Campus

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I'm attending a small private college in MA, I'm currently living in a dorm on campus, however I can not stand living with this many people having to share everything, and having no privacy any longer. I' m looking into getting a one bedroom apartment in the spring semester and wanted to know how my financial aid would be affected. I Currently receive a pell grant, two state grants, college merit scholarships, college need base scholarship, private scholarships, and federal loans. How would changing my housing option impact my financial aid. Also if I were to apply for a loan through a company do I get the access money put into my bank account or do they use it as "credit" toward my next semester.

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