Once your loan application is approved, depending on your school country, the timelines are as follows:

For U.S. schools, the school provides the disbursement schedule through the certification process. The school may take two to six weeks to process certification. If your loan term is coming up soon, you can contact your school's financial aid office to speed things up.
For most Canadian schools, you can set your disbursement schedule after accepting your loan offer by contacting your relationship manager. Based on your disbursement schedule, we may need a recent school invoice to finalize the exact disbursement amount.

A valid immigration document is required for disbursement. After MPOWER releases funds, it may take five to seven business days to appear in your school's account.