Here’s a simple overview of timelines:
- Application submission and initial review: Approximately 30 minutes.
- Document upload: Up to 30 minutes if all your documents are ready.
- Final review and loan decision: Six to eight business days after complete document submission. We may need additional documents that could extend the timelines.
- Certification*: This depends on the time it takes your school to certify and provide the disbursement plan. Learn more about the certification process here.
- Disbursement*: This is scheduled as per your term and the submission of your valid immigration document.
*Most Canadian schools do not have a certification process, hence timelines may vary accordingly.