DB Disbursement Information

To specify disbursement dates and amounts for a loan

Position: DB-01 · Element: 1250 · Name: Date Time Period Format Qualifier · Type: Identifier (ID) · Requirement: Mandatory · Min: 2 · Max: 3 · Repeat: -

Code indicating the date format, time format, or date and time format

Position: DB-02 · Element: 1251 · Name: Date Time Period · Type: String (AN) · Requirement: Mandatory · Min: 1 · Max: 35 · Repeat: -

Expression of a date, a time, or range of dates, times or dates and times

DB02 is the disbursement date.

Position: DB-03 · Element: 782 · Name: Monetary Amount · Type: Decimal number (R) · Requirement: Mandatory · Min: 1 · Max: 15 · Repeat: -

Monetary amount

DB03 is the net disbursement amount.

Position: DB-04 · Element: 782 · Name: Monetary Amount · Type: Decimal number (R) · Requirement: Optional · Min: 1 · Max: 15 · Repeat: -

Monetary amount

DB04 is the lender origination fee.

Position: DB-05 · Element: 782 · Name: Monetary Amount · Type: Decimal number (R) · Requirement: Optional · Min: 1 · Max: 15 · Repeat: -

Monetary amount

DB05 is the guarantor insurance premium.

Position: DB-06 · Element: 1073 · Name: Yes/No Condition or Response Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 1 · Repeat: -

Code indicating a Yes or No condition or response

DB06 indicates if the disbursement date corresponds with school term dates. A "Y" indicates that it does correspond; an "N" indicates that it does not.