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Transaction Set
in
X12 Release 008020

139 Student Loan Guarantee Result

Functional Group SL

X12F Finance Subcommittee

This X12 Transaction Set contains the format and establishes the data contents of the Student Loan Guarantee Result Transaction Set (139) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used by guarantee agencies ("guarantors") to inform a lender, a school, or both as to the status of a student loan guarantee. The guarantee result information includes, but is not limited to, the conditions of approval or denial of a loan guarantee, notice of guarantee and loan disclosure terms, and information regarding previously guaranteed loans. The student loan guarantee result is the second phase of the student loan application process. After the guarantor reviews the lender-approved student loan application, the agency issues a guarantee result. Subsequent lender processing of the student loan application is based on the information contained in the result transaction. After the lender receives a loan guarantee approval, the federally required loan disclosure is generated, and the loan proceeds are disbursed. If the lender receives a loan guarantee rejection, the lender may correct and resubmit the loan application, or the application may remain in a rejected status.

Heading

Sequence
Segment
Name
Max use
0100
Transaction Set HeaderMandatory
Max 1
To indicate the start of a transaction set and to assign a control number
0200
Beginning SegmentMandatory
Max 1
To indicate the beginning of a transaction set
0300
Guarantee Result DetailMandatory
Max 1
To provide information related to the disposition of a student loan
0400
Disbursement Information
Max 10
To specify disbursement dates and amounts for a loan
LM Loop
Repeat 1
0500
Code Source Information
Max 1
To transmit standard code list identification information
Use the LM loop to identify the guarantor exception codes.
0600
Industry Code IdentificationMandatory
Max 10
To identify standard industry codes
ENT Loop
Repeat 6
0700
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.
0800
Individual Name Structure Components
Max 5
To sequence individual name components for maximum specificity
0900
Indebtedness for Student Loans
Max 10
To provide information about previously guaranteed student loans
1000
Date or Time or Period
Max 1
To specify any or all of a date, a time, or a time period
AMT Loop
Repeat 10
1100
Monetary Amount Information
Max 1
To indicate the total monetary amount
Use the AMT loop to identify the loan repayment requirements.
1200
Date or Time or Period
Max 1
To specify any or all of a date, a time, or a time period
1300
Quantity Information
Max 1
To specify quantity information
1400
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.