When will I receive the loan?

Once your loan has been approved, your school must confirm your enrollment and certify the amount that is acceptable. The disbursement date is then determined by your school.* We will disburse the funds directly to your school after your school has certified the disbursement. 

Please note that factors such as when you submit your application, whether or not we need additional information, and how long it takes for your school to certify your loan amount as well as the date your school requests, will impact when we are able to disburse your loan. 

(*If your school suggests a disbursement date in the past, it is typically sent about 16 business days after your school certifies your loan request.)

 

See Also:

How long will the application process take?

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