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. For your convenience, here’s an easy-to-read checklist for required documents. Please use the one relevant to your current status to upload the required documents.
- 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.