This Draft Standard for Trial Use contains the format and establishes the data contents of the Student Enrollment Verification Transaction Set (190) for use within the context of an Electronic Data Interchange (EDI) environment. The transaction set can be used by guarantee agencies (``guarantors''), lending institutions (``lenders''), educational institutions (``schools''), secondary markets, and others to request and receive information required to verify a student's enrollment status.
Federal regulations require lenders, guarantors, and schools to exchange student enrollment status information. This information includes, but is not limited to, student identification, enrollment status and dates, and school detail. The student's current enrollment status affects various aspects of the student loan process, such as the student's disbursement terms, deferment terms, deferment status, and repayment terms.
To indicate the start of a transaction set and to assign a control number
To indicate the beginning of a transaction set.
To provide school data relative to the applicant or the student
To specify any or all of a date, a time, or a time period
To designate the entities which are parties to a transaction and specify a reference meaningful to those entities
To sequence individual name components for maximum specificity
To supply demographic information
To specify the location of the named party
To specify the geographic place of the named party
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments).
