|
Written by the CollegeCodex.com Staff
|
This guide provides a list of definitions regarding your student loan.
Amount Paid to Date
The dollar amount of financial aid you have received to date.
Award Amount
The Amount of Pell Grant the school expects to pay you based on your enrollment and your school's cost of attendance.
Award Year
The school year for which the financial aid is to be used to fund your education.
Canceled Amount
The portion of a loan, in dollars, that was canceled and not disbursed
by the lender. A Perkins loan may be entirely or partially canceled if
you serve in any the following areas: (1) teaching, (2) military, (3)
law enforcement, or (4) volunteer (i.e., VISTA, Peace Corps). A loan
may also be fully or partially canceled if you die, become disabled, or
declare bankruptcy.
Cancellation Date
The date (month, day, and year) on which all or part of a loan was canceled.
Contact
Current status of agency holding the overpayment.
Current Guaranty Agency
The three-digit numeric identification code of the agency guaranteeing a Stafford Program loan.
Current Lender
The six-digit code identifying the current holder of a Stafford Program promissory note.
Current Servicer
The code identifying the specific organization currently servicing a
loan for a lender or school. This organization is responsible for
computing interest and mailing billing statements.
Date Entered Repayment
The date on which you begin repaying your student loan.
Date of Birth
Your Date of Birth. You must enter a valid Date of Birth to use the
NSLDS Student Access system. The Date of Birth is also used to verify
that your loan is recorded in the NSLDS database.
Deferment
The temporary postponement of your loan payments.
Deferment Start Date
The date when a deferment starts.
Deferment Stop Date
The date when a deferment stops.
Disbursement Amount
The dollar amount of each disbursement of a Stafford Program loan.
Disbursement Date
Date on which each disbursement was made.
Enrollment Effective Date
The date you first entered your enrollment status.
Enrollment Status
Your academic workload as determined by your school (e.g., full-time, part-time).
First Name
Your First Name. The First Name is used to verify that your loan is recorded in the NSLDS database.
Grant Amount
The dollar amount of the grant
Guaranty Agency
Agencies that guarantee Title IV loans for lenders. These agencies also
aid in the collection and reinsurance of defaulted loans.
Interest Balance
The dollar value of the accrued interest balance on a loan.
Interest Rate
The interest rate shown on the signed promissory note.
Last Date Status Change
The date on which the current Loan Status Code became effective.
Last Name
Your last name. You must enter a valid Last Name to use the NSLDS Student Access system.
Loan Amount
The amount that an agency or school approved for your loan. Not all this amount may have been disbursed.
Loan Date
The date the Lender approved the loan.
Loan Period Begin Date
The date classes are (or were) scheduled to begin for the period covered by your loan.
Loan Period End Date
The date classes are (or were) scheduled to end for the period covered by your loan.
Loan Status
A code representing the current status of your loan, as determined by the loan’s current holder. See Status Description.
Maturity Date
The loan’s maturity date. This is the date on which the you must start repaying the loan.
Outstanding Interest Balance
The dollar value of the interest balance on a loan.
Outstanding Principal Balance
The dollar value of the balance due on a loan, including capitalized interest.
PIN
Your electronic Personal Identification Number. You must enter a valid
PIN to use the NSLDS Student Access system. You can obtain a PIN by
filling out a FAFSA online.
Principal Balance
The dollar value of the declining balance due on a loan, including capitalized interest.
Remaining Amount to be Paid
The portion of the Pell Grant the school expects to give you for the remainder of the year.
Repayment Date
The month and year in which repayment of a Stafford, Perkins or ICL is
scheduled to begin; also the month and year of the first day after the
expiration of a grace period. This Repayment Date is valid whether or
not you actually begin making payments. It is not affected by
deferments.
Reporting School
The school reporting the overpayment.
Scheduled Amount
Scheduled amount of the Pell Grant award.
School
The name of the school you attended while receiving this loan.
SSN
Your Social Security Number. You must enter a valid SSN to use the
NSLDS Student Access system. The SSN is also used to verify that your
loan is recorded in the NSLDS database.
Status
The status of the overpayment.
Status Description
AL
Abandoned loan
BC
Bankruptcy claim—discharged
BK
Bankruptcy claim—active
CA
Canceled
DA
Deferred
DB
Defaulted then bankrupt, Chapter 13—active
DC
Defaulted—compromise
DD
Defaulted then died
DE
Death
DF
Defaulted, unresolved
DI
Disability
DK
Defaulted then bankrupt, Chapter 13—discharged
DL
Defaulted—in litigation
DN
Defaulted then paid in full through a consolidated loan
DO
Defaulted then bankrupt—active, other
DP
Defaulted—paid in full
DR
Defaulted loan included in rolled-up loan
DS
Defaulted then disabled
DT
Defaulted—Collection terminated
DU
Defaulted—Unresolved
DW
Defaulted—Write-off
DX
Defaulted—Six consecutive payments
DZ
Defaulted—Six consecutive payments, then missed payment(s)
FB
Forbearance
FC
False certification discharge
FD
Defaulted—Fraud
FR
Fraud
IA
Loan originated
ID
In school or grace period
IG
In grace period
IM
In military grace
IP
In post-deferment grace period
OD
Defaulted then bankrupt—discharged, other
PC
Paid in full through consolidation loan
PF
Paid in full
PM
Presumed paid in full
PN
Non-defaulted, paid in full through consolidated loan
RF
Refinanced
RH
Loan transferred by Debt Collection System to Sallie Mae
RP
In repayment
UA
Temporarily uninsured-no default claim requested
UB
Temporarily uninsured-default claim denied
UC
Permanently uninsured/unreinsured-no default claim requested
UD
Permanently uninsured/unreinsured-default claim denied
UI
Unreinsured
XD
Defaulted, six consecutive payments
Total All Grants
The sum of all your Pell Grant amounts.
Total All Loans
The sum of all your loan amounts, regardless of the loan type.
Total By Grant Type
The sum of all your grant amounts, summarized by grant type.
Total By Loan Type
The sum of all your loan amounts, summarized by loan type.
Type
The Title IV assistance funds type for which you received an amount in excess of what you were eligible to receive.
Type of Loan
CL
FFEL Consolidated
D1
Direct Stafford Subsidized
D2
Direct Stafford Subsidized
D3
Direct PLUS for Graduate or Professional Students
D4
Direct PLUS
D5
Direct Consolidated Unsubsidized
D6
Direct Consolidated Subsidized
D7
Direct PLUS Consolidated
DU
National Defense Loan
EU
Perkins Expanded Lender
FI
Federally Insured Student Loan—FISL
GB
FFEL PLUS for Graduate or Professional Students
IC
Income Contingent Loan—ICL
NU
NDSL
PL
FFEL PLUS
PU
Federal Perkins
RF
FFEL Refinanced
SF
FFEL Stafford Subsidized
SL
Supplemental Loan—SLS
SN
FFEL Stafford Non-Subsidized
SU
FFEL Stafford Unsubsidized
|
