How long does it take for the school to get the loan funds (aka disbursement)?

Last Updated: June 30, 2022

After you've completed all required steps in the application, your school will be asked to certify the loan. Each school has their own certification process and the amount of time can vary. As part of that process, the school will specify the date(s) they want to receive the funds from your loan.

Within two business days of your loan being certified, we'll send you an email that includes the date(s) your school will receive the loan funds.

You'll also be able to track when the loan funds will be sent to your school in our free mobile app. Once your application has been sent to the school for certification, you can download our free mobile app from the Apple® App Store® or Google Play™ Store.

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College Ave Student Loans

233 N. King Street, Suite 400

Wilmington, DE 19801

College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.

Information advertised valid as of 07/01/2022. Variable interest rates may increase after consummation. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of full principal and interest payments with the shortest available loan term.

WE RESERVE THE RIGHT TO MODIFY OR DISCONTINUE (IN WHOLE OR IN PART) THIS LOAN PROGRAM AND ITS ASSOCIATED SERVICES AND BENEFITS AT ANY TIME WITHOUT NOTICE. CHECK WWW.COLLEGEAVESTUDENTLOANS.COM FOR THE MOST UP-TO-DATE INFORMATION.

College Ave Student Loan Servicing, LLC, NMLS#1263410 NMLS Consumer Access

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How long does it take for the school to get the loan funds (aka disbursement)?

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