1265Interest Payment Code

Batch

Code identifying the method of interest payment

Element Details

Type ID
LengthMin 1 / Max 2
Codes
  • <>7In Arrears
  • <>1In-school Interest Paid Monthly by Borrower
  • <>4In-school Interest Capitalized Annually
  • <>2In-school Interest Capitalized Quarterly
  • <>5In-school Interest Capitalized at Repayment
  • <>3In-school Interest Paid Quarterly by Borrower
  • <>6In Advance