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After your MSFAA has been processed and your enrolment has been confirmed, your funds will be either deposited electronically into the bank account you have specified or forwarded to your school. The deposit usually occurs within seven business days of the confirmation of enrolment date.
Most applicants hear back quickly. However, in some cases it can take up to 45 days. Youll receive one of the following in your Student Aid account inbox: An award letter indicating how much loan and/or grant money youll receive, or.
Students must have a secure account in the Alberta Student Aid system. Login to your personal account from your computer or personal device. Select Upload Documents on the main menu. Proceed through the steps to upload scanned documents you have saved to your computer.
Concurrent Enrolment is considered a full-time student when the courses at each institution are added together, as determined by Alberta Student Aid.
The Power of Attorney form allows the students attorney to take any action on the students behalf other than completing an Application for Financial Assistance Full Time Post-Secondary Studies or signing the students Canada MSFAA or Alberta Student Aid Agreement.
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Applying early will ensure that you receive the funds before any payment deadlines. To recap: The answer to how long does it take to get a student loan disbursement is: 1-3 weeks for federal student loans. 2-10 weeks for private student loans.

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