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Lookup Type: IGF_SL_GUARNT_AMT_RED_CODE

Product: IGF - Financial Aid (Obsolete)
Meaning: Guarantee Amount Reduction Codes
Description: Guarantee Amount Reduction Codes
Quick Codes
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