| Code |
Status |
Eligible for FSA funds |
| AL |
Abandoned loan |
Yes |
| BC |
No Prior Default
Bankruptcy Claim, Discharged |
Yes, because loan was not in default and was discharged. |
| BK |
No Prior Default
Bankruptcy Claim, Active |
Yes, because loan was not in default. |
| CA |
Cancelled (For Perkins means Loan Reversal) |
Yes |
| CS |
Closed School Discharged |
Yes |
| DA |
Deferred |
Yes |
| DB |
Defaulted, then Bankrupt, Active (Perkins: all bankruptcies; FFELP and Direct Loans: Chapter 13) |
No, unless debtor can show that loan is dischargeable. See Dear Colleague Letter GEN-95-40, dated September 1995. |
| DC |
Defaulted, Compromise |
Yes, because compromise is recognized as payment in full. |
| DD |
Defaulted, Then Died |
No, because if borrower is reapplying, then loan status is in error. |
| DE |
Death |
No, because if borrower is reapplying, then loan status is in error. |
| DF |
Defaulted, Unresolved |
No |
| DI |
Disability |
Yes |
| DK |
Defaulted, then Bankrupt, Discharged (Perkins: all bankruptcies; FFELP and Direct Loans: Chapter 13) |
Yes, because defaulted loan has been totally discharged. |
| DL |
Defaulted, in Litigation |
No |
| DN |
Defaulted, then Paid in Full through Consolidation Loan |
Yes |
| DO |
Defaulted, then Bankrupt, Active, Other (FFELP and Direct Loans in Chapters 7, 11, and 12) |
No, unless debtor can show that loan is dischargeable. See Dear Colleague Letter GEN- 95-40, dated September 1995. |
| DP |
Defaulted, Then Paid in Full |
Yes, because loan was paid in full. |
| DR |
Defaulted, Loan Included in Roll-up Loan |
Yes, because the loan was combined with other loans and subrogated to the Department, which reported the same information to NSLDS in one loan. The status of that record will determine eligibility. |
| DS |
Defaulted, then Disabled |
Yes, because loan debt is cancelled. |
| DT |
Defaulted, Collection Terminated |
No |
| DU |
Defaulted, Unresolved |
No |
| DW |
Defaulted, Write-Off |
No |
| DX |
Defaulted, Satisfactory Arrangements, and Six Consecutive Payments |
Yes, assuming student continues to comply with repayment plan on defaulted loan, or is granted forbearance by the GA. |
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|
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| DZ |
Defaulted, Six Consecutive Payments, Then Missed Payment |
No, loan is back in active default status. |
| FB |
Forbearance |
Yes |
| FC |
False Certification Discharge |
Yes |
| FR |
Loans obtained by borrowers convicted of fraud in obtaining Title IV aid |
No |
| IA |
Loan Originated |
Yes |
| ID |
In School or Grace Period |
Yes |
| IG |
In Grace Period |
Yes |
| IM |
In Military Grace |
Yes |
| IP |
In Post-Deferment Grace (Perkins only) |
Yes |
| OD |
Defaulted, then Bankrupt, Discharged, Other (FFELP and Direct Loans in Chapter 7, 11, and 12 bankruptcies) |
Yes, defaulted loan has been totally discharged. |
| PC |
Paid in Full through Consolidation Loan |
Yes. Does not matter whether consolidation loan was through FFELP or Direct Loan, nor whether underlying loans were in default. |
| PF |
Paid in Full |
Yes |
| PM |
Presumed Paid in Full |
Yes |
| PN |
Non-defaulted, Paid in Full Through Consolidation |
Yes |
| RF |
Refinanced |
Yes, because defaulted loans cannot be refinanced. |
| RP |
In Repayment |
Yes |
| UA |
Temporarily Uninsured - No Default Claim Requested |
Yes |
| UB |
Temporarily Uninsured - Default Claim Denied |
Yes, because the loan is not a federal loan while temporarily uninsured. |
| UC |
FFEL: Permanently Uninsured/Unreinsured -- Non-defaulted loan.
Perkins: Non-defaulted Loan Purchased by School
|
Yes |
| UD |
FFEL: Permanently Uninsured/Un-reinsured - Defaulted Loan
Perkins: Defaulted Loan Purchased by School |
Yes, because the loan is no longer a federal loan. |
| UI |
Uninsured/Unreinsured |
Yes, does not matter if the loan was in default. |
| XD |
Defaulted, Satisfactory Arrangements, and Six Consecutive Payments |
Yes, assuming student continues to comply with repayment plan on defaulted loan, or is granted forbearance by the GA. |
