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 in console (text) or Markdown format, or use the tedi CLI to access the full X12 reference from your terminal.