DB Disbursement Information

To specify disbursement dates and amounts for a loan

Position
Element
Name
Type
Requirement
Min
Max
Repeat
DB01
Date Time Period Format Qualifier
Identifier (ID)
Mandatory
2
3
1
Code indicating the date format, time format, or date and time format
DB02
Date Time Period
String (AN)
Mandatory
1
35
1
Expression of a date, a time, or range of dates, times or dates and times
DB02 is the disbursement date.
DB03
Monetary Amount
Decimal number (R)
Mandatory
1
18
1
Monetary amount
DB03 is the net disbursement amount.
DB04
Monetary Amount
Decimal number (R)
Optional
1
18
1
Monetary amount
DB04 is the lender origination fee.
DB05
Monetary Amount
Decimal number (R)
Optional
1
18
1
Monetary amount
DB05 is the guarantor insurance premium.
DB06
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
1
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.

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