1713
Guarantee Amount Reduction Code
- Type
- Identifier (ID)
- Length
- Length of 1 to 2 characters
- Allowed Codes
- 12 defined values
Guarantee Amount Reduction Code (1713), is an Identifier type element, and with a length of 1 to 2 characters. Sign up free or login to view the full element and download it in Markdown or console (text) formats.
Allowed Codes
| Code | Description |
|---|---|
| 01 | No Reduction Made; Requested Loan Amount Equals School Certified Amount |
| 02 | Reduced to the Maximum Amount Allowable per Grade Level |
| 03 | Reduced to the Maximum Amount Allowable per Student (for Entire Career) |
| 04 | Reduced to the Maximum Amount Allowable within a 7-month Period |
| 05 | Reduced to the Appropriate Lender Approved Amount |
| 06 | Reduced Because Requested Loan Amount Exceeds Cost of Attendance minus Expected Family Contribution Amount and Estimated Financial Aid Amount |
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See every allowed code, usage note, and implementation detail for Guarantee Amount Reduction Code. Download it as a diagram or Markdown, or use the tedi CLI to access the full X12 reference from your terminal.