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Transaction Set
in
X12 Release 004010

135 Student Loan Application

Functional Group SL

This Draft Standard for Trial Use contains the format and establishes the data contents of the Student Loan Application Transaction Set (135) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used by lending institutions ("lenders"), colleges, universities and trade schools ("schools"), and loan guarantee agencies ("guarantors") to exchange information relating to the certification, approval, and guarantee of specific student loan applications. This information includes, but is not limited to, student and applicant identification, school enrollment data, borrowing history, and the terms of the loan. The student loan application process typically begins with an applicant submitting a student loan application to the financial aid officer at the student's school. The financial aid officer adds school-related information and certifies the application. The school then forwards the loan application to the lender for review. If the review is satisfactory, the lender adds information to the application, approves the loan, and forwards the application to the guarantor. The guarantor reviews the lender-approved application and if appropriate, issues a guarantee. The lender disburses the loan proceeds when a guarantee is received.

Heading

Sequence
Segment
Name
Max use
010
Transaction Set HeaderMandatory
Max 1
To indicate the start of a transaction set and to assign a control number
020
Beginning SegmentMandatory
Max 1
To indicate the beginning of a transaction set
030
Specific Loan InformationMandatory
Max 3
To provide information for the loan under consideration
040
Disbursement InformationMandatory
Max 10
To specify disbursement dates and amounts for a loan
050
Delayed Repayment
Max 1
To provide information related to student loan delayed repayment
060
Date or Time or Period
Max 5
To specify any or all of a date, a time, or a time period
ENT Loop
Repeat 6
070
EntityMandatory
Max 1
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 applicant, student, school, lender, and guarantor entities.
080
Note/Special Instruction
Max 5
To transmit information in a free-form format, if necessary, for comment or special instruction
090
School Enrollment Information
Max 1
To provide school data relative to the applicant or the student
100
Financial Status Information
Max 1
To provide financial status information about an applicant for a student loan
110
Monetary Amount
Max 15
To indicate the total monetary amount
120
Measurements
Max 2
To specify physical measurements or counts, including dimensions, tolerances, variances, and weights (See Figures Appendix for example of use of C001)
130
School Type
Max 8
To specify school type
140
Date or Time or Period
Max 1
To specify any or all of a date, a time, or a time period
150
Authentication
Max 1
To specify the authority for authorizing an action and the date authentication is made
N1 Loop
Repeat 2
160
Name
Max 1
To identify a party by type of organization, name, and code
170
Address Information
Max 2
To specify the location of the named party
180
Geographic Location
Max 1
To specify the geographic place of the named party
190
Reference Identification
Max 10
To specify identifying information
200
Administrative Communications Contact
Max 2
To identify a person or office to whom administrative communications should be directed
PLI Loop
Repeat 10
210
Previous Loan Information
Max 1
To provide information about an existing loan
Use the PLI loop to identify previous loan information.
220
Name
Max 2
To identify a party by type of organization, name, and code
230
Address Information
Max 2
To specify the location of the named party
240
Geographic Location
Max 1
To specify the geographic place of the named party
IN1 Loop
Repeat 10
250
Individual Identification
Max 1
To provide identification of an individual or entity
Use the IN1 loop to identify the applicant, student, spouse, references, and cosigners information.
260
Individual Name Structure Components
Max 5
To sequence individual name components for maximum specificity
270
Demographic Information
Max 1
To supply demographic information
280
Additional Demographic Information
Max 1
To supply additional demographic identification
LX Loop
Repeat 4
290
Assigned Number
Max 1
To reference a line number in a transaction set
Use the LX loop to identify the applicant and student state residency information; the applicant, student, spouse, references, and cosigners address information; and the applicant, references, and cosigners employer information.
300
Name
Max 1
To identify a party by type of organization, name, and code
310
Address Information
Max 2
To specify the location of the named party
320
Geographic Location
Max 1
To specify the geographic place of the named party
330
Date or Time or Period
Max 1
To specify any or all of a date, a time, or a time period
340
Administrative Communications Contact
Max 2
To identify a person or office to whom administrative communications should be directed
350
Transaction Set TrailerMandatory
Max 1
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)
Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference and Mapping Guides are provided for marketing purposes and are free of charge. All names, logos, and brands of third parties listed on our site are trademarks of their respective owners (including “X12”, which is a trademark of X12 Incorporated). Stedi, Inc. and its products and services are not endorsed by, sponsored by, or affiliated with these third parties. Our use of these names, logos, and brands is for identification purposes only, and does not imply any such endorsement, sponsorship, or affiliation.
Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference and Mapping Guides are provided for marketing purposes and are free of charge. All names, logos, and brands of third parties listed on our site are trademarks of their respective owners (including “X12”, which is a trademark of X12 Incorporated). Stedi, Inc. and its products and services are not endorsed by, sponsored by, or affiliated with these third parties. Our use of these names, logos, and brands is for identification purposes only, and does not imply any such endorsement, sponsorship, or affiliation.