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How are loan funds from a preferred lender disbursed?

April 26, 2017disbursed funds Lender loan

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How are loan funds from a preferred lender disbursed?

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Loan funds will be sent to Columbia College via an electronic funds transfer (eft). Loan funds are credited to the student’s account within 3 business days of receiving the funds (unless the student has been notified of a problem). Funds received electronically do not have to be endorsed to disburse to a student’s account.