Code |
Meaning |
Description |
01 |
Loan approved for Requested Loan Amount |
Loan approved for Requested Loan Amount |
02 |
Reduced to the maximum amount allowable per grade level |
Reduced to the maximum amount allowable per grade level |
03 |
Reduced to the maximum amount allowable per student |
Reduced to the maximum amount allowable per student |
04 |
Reduced to max amount for student in enrollment period |
Reduced to the max amount for a student in enrollment period |
05 |
Reduced to the appropriate lender approved amount |
Reduced to the appropriate lender approved amount |
06 |
Reduced as requested Loan > COA - (EFC + Aid) |
Reduced as requested Loan > COA - (EFC + Aid) |
07 |
Reduced to max amount by the guarantor after review |
Reduced to the maximum amount by the guarantor after review |
08 |
Reduced to the appropriated school certification amount |
Reduced to the appropriated school certification amount |
09 |
Reduced to the amount agreed to by the endorser |
Reduced to the amount agreed to by the endorser |
10 |
Reduced to allowable amount as per guarantor |
Reduced to allowable amount as calculated as per guarantor |
11 |
Reduced to borrower requested amount after processing |
Reduced to borrower requested amount after initial application processing |