DB Disbursement Information
To specify disbursement dates and amounts for a loan
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Code indicating the date format, time format, or date and time format
Expression of a date, a time, or range of dates, times or dates and times
DB02 is the disbursement date.
Monetary amount
DB03 is the net disbursement amount.
Monetary amount
DB04 is the lender origination fee.
Monetary amount
DB05 is the guarantor insurance premium.
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.