You should apply for an Alaska state loan after your school's financial aid office has determined your unmet financial need. Once your loan is approved you must formally accept the Loan Approval Disclosure (LAD) by logging on to your ACPE on-Line account. Acceptance of the LAD will schedule your loan disbursements. This process allows you a 10-day right to cancel period, so we recommend that you allow a minimum of three weeks for the loan approval and disbursement process. With approval from your school, we will process your application even if it comes in after your school term begins, as long as your academic period has not ended.