All applicants on a MEFA undergraduate student loan can complete the required steps in one day. The application is quick and easy and can be done online at mefa.org. Applicants should receive a decision momentarily after all parties have submitted the requested information. Assuming the loan application is approved, the primary borrower will need to choose a loan repayment option, and then all borrowers will need to electronically sign the MEFA Loan Agreement and the primary borrower will sign the Self Certification Form. The college must then certify the loan amount and let us know of the date on which to send the loan funds (their preferred disbursement date), which is usually when the bill is due. Contact your financial aid office to find out your school's timing and process.