Funding Timeline
Can You Get a Student Loan Funded in 24 Hours?
Most private student loans take 2 to 4 weeks to fund. LoanAmerica® issues decisions in 24 to 48 hours and disburses approved funds to schools on a weekly cycle.
The Funding Timeline
15 min
Application Time
2-4 Weeks
Typical Industry Funding
Weekly
Disbursements to Schools
A Predictable Timeline Keeps Students Enrolled
Traditional student loans can take weeks with no clear timeline. LoanAmerica® issues underwriting decisions in 24 to 48 hours and disburses approved funds to institutions on a weekly cycle, so students and financial aid offices know when money arrives.
Schools partnered with LoanAmerica® can initiate funding requests directly from their financial aid office, which shortens the process further.
LoanAmerica® Products for You
Frequently Asked Questions
Ready to Get Started?
Whether you're a school or a student, LoanAmerica® has a financing solution built for you.