EDI 191 Student Loan Pre Claims And Claims

This X12 Transaction Set contains the format and establishes the data contents of the Student Loan Pre-Claims and Claims Transaction Set (191) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used by lending institutions (lenders), secondary markets, or student loan servicers to exchange information with guarantee agencies (guarantors) regarding pre-claims assistance on student loans that are approaching a default status and claim payment requests for defaulted student loans.This information includes, but is not limited to, borrower identification, loan detail, payment history, and due diligence history. Federal regulations require loan owners to file a pre-claims assistance request as part of their due diligence process, prior to filing a claim for default reimbursement. Loan owners are also required to file specific information to submit a claim payment request.

Segments

Position
Segment
Name
Max use
100
ST
Transaction Set Header
Mandatory
AtMax 1
To indicate the start of a transaction set and to assign a control number
200
BGN
Beginning Segment
Mandatory
AtMax 1
To indicate the beginning of a transaction set
ENT
LOOP
Mandatory
AtMax 10
REF
LOOP
Mandatory
AtMax 100
3400
SE
Transaction Set Trailer
Mandatory
AtMax 1
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)

Elements

PositionElementNameRequirementTypeMin/MaxRepeat
1
143
Transaction Set Identifier CodeMandatoryID3/31
2
329
Transaction Set Control NumberMandatoryAlphanumeric4/91
3
1705
Implementation Convention ReferenceOptAlphanumeric1/351