EDI 191 Student Loan Preclaims

Functional Group SD

X12F Finance Subcommittee

This Draft Standard for Trial Use contains the format and establishes the data contents of the Student Loan Preclaims Transaction Set (191) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used by lending institutions (lenders), secondary markets, or student loan servicers to submit requests to guarantee agencies (guarantors) for preclaims assistance on student loans that are approaching a default status. This information includes, but is not limited to, borrower identification and loan detail. Loan owners are required to file a preclaims assistance request as part of their due-diligence process, prior to filing a claim for default reimbursement.

Heading

1. 010 · ST · Transaction Set Header · Max 1 · Mandatory

   To indicate the start of a transaction set and to assign a control number

2. 020 · BGN · Beginning Segment · Max 1 · Mandatory

   To indicate the beginning of a transaction set.

3. 030 · GR · Guarantee Result Detail · Max 1 · Mandatory

   To provide information related to the disposition of a student loan

4. 040 · SLI · Specific Loan Information · Max 1 · Mandatory

   To provide information for the loan under consideration

5. 050 · DEF · Deferment Information · Max 1 · Optional

   To provide information related to student loan repayment deferment

6. 060 · DB · Disbursement Information · Max 10 · Optional

   To specify disbursement dates and amounts for a loan

7. 070 · DTP · Date or Time or Period · Max 5 · Optional

   To specify any or all of a date, a time, or a time period

8. 080 · AMT · Monetary Amount · Max 5 · Optional

   To indicate the total monetary amount.

9. ENT Loop Mandatory Repeat 6

   1. 090 · ENT · Entity · Max 1 · Mandatory

      To designate the entities which are parties to a transaction and specify a reference meaningful to those entities

      Use the ENT loop to identify the borrower, student, school, holder, servicer, and guarantor entities.

   2. 100 · IN2 · Individual Name Structure Components · Max 5 · Optional

      To sequence individual name components for maximum specificity

   3. 110 · N3 · Address Information · Max 2 · Optional

      To specify the location of the named party

   4. 120 · N4 · Geographic Location · Max 1 · Optional

      To specify the geographic place of the named party

   5. 130 · PER · Administrative Communications Contact · Max 1 · Optional

      To identify a person or office to whom administrative communications should be directed

   6. 140 · DMG · Demographic Information · Max 1 · Optional

      To supply demographic information

   7. 150 · DMA · Additional Demographic Information · Max 1 · Optional

      To supply additional demographic identification

   8. 160 · DTP · Date or Time or Period · Max 3 · Optional

      To specify any or all of a date, a time, or a time period

   9. 170 · ENR · School Enrollment Information · Max 1 · Optional

      To provide school data relative to the applicant or the student

   10. IN1 Loop Optional Repeat 10

       1. 180 · IN1 · Individual Identification · Max 1 · Mandatory

          To provide identification of an individual or entity

          Use the IN1 loop to identify spouse, employer, relatives, cosigners/co-makers, or references.

       2. 190 · IN2 · Individual Name Structure Components · Max 5 · Optional

          To sequence individual name components for maximum specificity

       3. 200 · N3 · Address Information · Max 2 · Optional

          To specify the location of the named party

       4. 210 · N4 · Geographic Location · Max 1 · Optional

          To specify the geographic place of the named party

       5. 220 · PER · Administrative Communications Contact · Max 2 · Optional

          To identify a person or office to whom administrative communications should be directed

10. 230 · SE · Transaction Set Trailer · Max 1 · Mandatory

    To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments).