Whatâs the time frame for getting a student loan? By Stephanie Colestock Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders, all opinions are our own. Getting a student loan could take a few weeks to a few months, depending on whether you choose federal or private funding. (iStock) Getting student loans can be a lengthy and sometimes confusing process that varies depending on whether you’re taking out federal or private loans.