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This step can take a month or more. Receive notice from your school about your aid package. Fill out paperwork for student loans. Get money. Usually, student loan funds are disbursed during the first week of classes.
Another factor is how long it takes you to gather all of the paperwork proving your financial status. Beyond that, the amount of time it takes to finalize an SBA loan largely depends on the lender's timeline. Expect the process to take a minimum of 60 to 90 days.Applications for larger amounts may take longer for the lender to evaluate.nother factor is how long it takes you to gather all of the paperwork proving your financial status. Beyond that, the amount of time it takes to finalize an SBA loan largely depends on the lender's timeline. Expect the process to take a minimum of 60 to 90 days.