Student Loans

How long for confirmation of enrollment to go through? about 3-4 business days, depending on when in the day it is sent. 
How long after confirmation of enrollment until the loan is in your bank account? 7 to 10 business days.  Source - lady at student loans.
Why does it take so long?  Because the banks have no incentive to transfer money faster.  This is typical in Canada as there is little competition between the big six banks. 
Good luck.

How long will it take for a letter to get from Saskatoon to Regina?
If you put it in the mailbox before pickup, it will arrive not the next day, but the day after.