IDB Indebtedness for Student Loans

To provide information about previously guaranteed student loans

Position

Element

Name

Type

Requirement

Min

Max

Repeat

IDB01

Loan Type Code

Identifier (ID)

Mandatory

Code identifing the loan program or type

IDB02

Amount Qualifier Code

Identifier (ID)

Mandatory

Code specifying the amount qualifier

IDB03

Monetary Amount

Decimal number (R)

Mandatory

Monetary amount

IDB03 is the outstanding balance.

IDB04

Interest Rate

Decimal number (R)

Conditional

The interest rate as a percentage

P0405: If either IDB-04 or IDB-05 is present, then the other is required

IDB05

Loan Rate Type Code

Identifier (ID)

Conditional

Code indicating the characteristics of the loan rate