EDI Transaction Set
EDI 191: Student Loan Pre-Claims And Claims
EDI 191 is the X12 Student Loan Pre-Claims And Claims transaction set, used within Electronic Data Interchange (EDI). This transaction set can be used by lending institutions (lenders), secondary markets, or student loan servicers to exchange information with guarantee agencies (guarantors) regarding pre-claims assistance on student loans that are approaching a default status and claim payment requests for defaulted student loans. This information includes, but is not limited to, borrower identification, loan detail, payment history, and due diligence history.
What the 191 transaction set covers
Student Loan Pre-Claims and Claims This X12 Transaction Set contains the format and establishes the data contents of the Student Loan Pre-Claims and Claims Transaction Set (191) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used by lending institutions (lenders), secondary markets, or student loan servicers to exchange information with guarantee agencies (guarantors) regarding pre-claims assistance on student loans that are approaching a default status and claim payment requests for defaulted student loans. This information includes, but is not limited to, borrower identification, loan detail, payment history, and due diligence history. Federal regulations require loan owners to file a pre-claims assistance request as part of their due diligence process, prior to filing a claim for default reimbursement. Loan owners are also required to file specific information to submit a claim payment request.
How Interlink handles the 191
Interlink Commerce maps, transmits, and monitors the 191 for you as part of fully managed EDI — connected straight to your ERP or systems, certified against your retailer’s requirements, and billed only when you trade. Most suppliers go live within 30 days.