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

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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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