GR Guarantee Result Detail

To provide information related to the disposition of a student loan

Position
Element
Name
Type
Requirement
Min
Max
Repeat
GR-01
Loan Type Code
Identifier (ID)
Mandatory
1
2
-
This code identifies the loan program or type
GR-02
Loan Status Code
Identifier (ID)
Mandatory
1
2
-
Code indicating the loan status
GR-03
Date Time Period Format Qualifier
Identifier (ID)
Mandatory
2
3
-
Code indicating the date format, time format, or date and time format.
GR-04
Date Time Period
String (AN)
Mandatory
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
GR04 is the loan period.
GR-05
Date Time Period Format Qualifier
Identifier (ID)
Mandatory
2
3
-
Code indicating the date format, time format, or date and time format.
GR-06
Date Time Period
String (AN)
Mandatory
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
GR06 is the result date.
GR-07
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
-
Code indicating the date format, time format, or date and time format.
P0708: If either GR-07 or GR-08 is present, then the other is required
GR-08
Date Time Period
String (AN)
Conditional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
GR08 is the loan status date.
GR-09
Monetary Amount
Decimal number (R)
Optional
1
15
-
Monetary amount.
GR09 is the guaranteed loan amount.
GR-10
Interest Rate
Decimal number (R)
Conditional
1
6
-
The interest rate as a percentage.
P1011: If either GR-10 or GR-11 is present, then the other is required
GR10 is the current interest rate.
GR-11
Loan Rate Type Code
Identifier (ID)
Conditional
1
1
-
Code indicating the characteristics of the loan rate.
GR-12
Interest Rate
Decimal number (R)
Optional
1
6
-
The interest rate as a percentage.
GR12 is the new interest rate.
GR-13
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
-
Code indicating a Yes or No condition or response.
GR13 indicates whether the borrower is a new borrower. A ``Y'' indicates it is. An ``N'' indicates it is not.
GR-14
Reference Number
String (AN)
Optional
1
30
-
Reference number or identification number as defined for a particular Transaction Set, or as specified by the Reference Number Qualifier.
GR14 is the guarantor loan ID.
GR-15
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
-
Code indicating the date format, time format, or date and time format.
P1516: If either GR-15 or GR-16 is present, then the other is required
GR-16
Date Time Period
String (AN)
Conditional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times.
GR16 is the guarantee expiration date.
GR-17
Monetary Amount
Decimal number (R)
Optional
1
15
-
Monetary amount.
GR17 is the amount guaranteed at academic level.
GR-18
Reference Number
String (AN)
Optional
1
30
-
Reference number or identification number as defined for a particular Transaction Set, or as specified by the Reference Number Qualifier.
GR18 is the user ID of the loan processor.
GR-19
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
-
Code indicating a Yes or No condition or response.
GR19 indicates whether there is an outstanding guarantee fee balance. A ``Y'' indicates there is. A ``N'' indicates there is not.
GR-20
Quantity
Decimal number (R)
Optional
1
15
-
Numeric value of quantity.
GR20 is the number of grace months.

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