Definitions for "Disbursement date"
Keywords:  fastfund, asa, eft, date, school
The date when the loan funds are released by the lender and are sent to you.
The date(s) on which the loan proceeds are issued by the lender.
The date that funds are transferred from the investor to the borrower's account. For a purchase transaction, this date is the same as the closing date. For a refinance, this date occurs three to four business days after closing.