DB Disbursement Information

To specify disbursement dates and amounts for a loan

Sequence

Element

Name

Type

Requirement

Min

Max

Repeat

01

1250

Date Time Period Format Qualifier

Identifier (ID)

Mandatory

2

3

1

Code indicating the date format, time format, or date and time format

Codes (42)

02

1251

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.

03

782

Monetary Amount

Decimal number (R)

Mandatory

1

18

1

Monetary amount

DB03 is the net disbursement amount.

04

782

Monetary Amount

Decimal number (R)

Optional

1

18

1

Monetary amount

DB04 is the lender origination fee.

05

782

Monetary Amount

Decimal number (R)

Optional

1

18

1

Monetary amount

DB05 is the guarantor insurance premium.

06

1073

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.

Codes (9)