1265 Interest Payment Code
Code identifying the method of interest payment
- Type
- Identifier (ID)
- Length
- Min 1 / Max 2
- Codes
Code | Description |
---|
1 | In-school Interest Paid Monthly by Borrower |
2 | In-school Interest Capitalized Quarterly |
3 | In-school Interest Paid Quarterly by Borrower |
4 | In-school Interest Capitalized Annually |
5 | In-school Interest Capitalized at Repayment |
6 | In Advance |
7 | In Arrears |