**Table Of Contents**

[1.0 LaRS Data File Load 2](#lars-data-file-load)

[[1.1]{.smallcaps} [Description]{.smallcaps} 2](#description)

[[1.2]{.smallcaps} [Process Overview]{.smallcaps} 2](#process-overview)

[[1.3]{.smallcaps} [Rejection / Re-Submission]{.smallcaps}
3](#rejection-re-submission)

[[1.4]{.smallcaps} [File Level Error Checks]{.smallcaps}
4](#file-level-error-checks)

[[1.5]{.smallcaps} [Invoice Level Error Checks]{.smallcaps}
4](#invoice-level-error-checks)

[[1.6]{.smallcaps} [File Extension]{.smallcaps} 4](#file-extension)

[2.0 LaRS File Layout 5](#lars-file-layout)

[[2.1]{.smallcaps} [Contact Information]{.smallcaps}
5](#contact-information)

[[2.2]{.smallcaps} [File Naming Convention]{.smallcaps}
5](#file-naming-convention)

[[2.3]{.smallcaps} [LaRS Data File Layout]{.smallcaps}
5](#lars-data-file-layout)

[3.0 Sample File Layout 23](#sample-file-layout)

# 1.0 LaRS Data File Load

This document describes an alternate method of entering the Quarterly
Financial Report into the FSA Lender Reporting System (LaRS).

Lender/Servicer users can use this approach as an alternative method to
the on-line LaRS screens to provide financial report information. Once
the data file is submitted to the FMS SAIG mailbox, the file can then be
pulled onto the FMS servers allowing the data contained within the file
to be loaded into LARS temp tables. The data is then validated, if it
passes the validation, the invoice data will then be imported into the
LaRS application. When the data has been imported, the Lender/Servicer
users can view this information via the on-line LaRS screens. Senders
will be notified via email of invoices within the file that had errors
and did not pass validations. After the invoice data has been corrected
it will need to be resubmitted.

## 1.1 Description

#### File Transfer

Lenders/ Servicers will send files to LARS via the Student Aid Internet
Gateway (SAIG) mailboxing system. Lenders/Servicers will log onto the
SAIG system and transfer their flat file to the LARS mailbox (LARS
Mailbox ID will be provided) where it can be picked up.

## 1.2 Process Overview

Below is a graphical depiction of the process:

![](media/image1.wmf)

If the data is valid, calculations are performed, the data is imported
into the LaRS application extension, and the invoice is automatically
submitted to the ED Financial Partners (the Status is set to
"Submitted"). An email is sent to the Lender/ Servicer user and to ED
Financial Partners notifying them of a successful submission.

**Note:** Lender/ Servicer will be allowed to submit only one invoice
per quarter. Invoice duplication will be prevented based on a unique key
combination of LID/Servicer ID/Year/Quarter.

[]{.mark}

Once the data is loaded, the Lender/ Servicer users may view the
information using the respective LaRS screen.

## 1.3 Rejection / Re-Submission

If a file level error was detected (the error checks are further
described below), the invoices with the errors will not be loaded into
the LaRS Oracle application extension nor will it be submitted to the ED
Financial Partners. If file level errors are detected, a notice will be
sent to the "Sender" of the file via email. The email address(es) will
be taken from the Profile information within the LARS system based on
the "Sender's" LID. The email notification will include the
LID/Quarter/Year combination that had errors and the errors themselves.
Only invoices that had errors need to be fixed and resubmitted. To
resubmit a file, the Lender/ Servicer will follow the same process that
they originally used for submitting the file.

## 1.4 File Level Error Checks

The Lender/ Servicer is responsible for ensuring that correct
information is sent to FSA. A file will be rejected if the file does not
contain any invoice data (e.g. the file is a picture, or anything other
than invoice lines data).

If a file is rejected, the sending organization will receive a notice
indicating that an error was encountered with the file. If the file is
accepted, it will be retained in the FSA archives.

## 1.5 Invoice Level Error Checks

Although the LaRS Data File Load will perform some validation checks,
the Lender/ Servicer is responsible for ensuring that correct
information is sent to FSA. Any error will cause the invoice to be
rejected. All rejected invoices will be reported back to the Lender/
Servicer for correction and will need to be resubmitted.

Items to assist the Lender/ Servicer in sending valid invoices include:

1.  A single file from a Servicer may contain data for multiple LIDs.

2.  Validation to prevent duplicate invoices submitted from a Lender/
    Servicer (based on unique key Lender ID / Servicer ID, quarter, and
    year) will occur.

3.  Do not enter dollar signs.

4.  Do not enter commas.

5.  The file includes a pipe delimiter between each data field for ease
    in loading and processing the files.

6.  Enter a carriage return as a separation indicator.

7.  Include ACTUAL values for numeric/amount fields, and INCLUDE decimal
    points.

## 1.6 File Extension

As the file will be an ASCII file the preferred extension will be TXT.

# 2.0 LaRS File Layout

## 2.1 Contact Information

For additional clarification on the LaRS File Transfer Process, Email
LaRS support personnel at [mailto:fsa_lr@ed.gov](mailto:fsa_lr@ed.gov).

# 

## 2.2 File Naming Convention

The naming convention for File Transfer file submittals from
Lenders/Servicers for LaRS reports will have a format that uniquely
identifies each file. The suggested format is LaRSXXXXXXDDMMYYYY99,
where LaRS stands for Lender Reporting System, XXXXXX for the Sender\'s
ID (this will be a LID or Servicer ID), DDMMYYYY for sending day, month
and year, and 99 is the sequence number. The sequence number may be
incremented by one for each additional file sent in a given day.

## 2.3 LaRS Data File Layout

The table contains details about the new file layout.

1)  **Position:**

    a.  **Start:** Indicates starting position of a data element in the
        record.

    b.  **End:** Indicates ending position of a data element in the
        record.

2)  **Length:** Indicates the length of the data element.

3)  **Data Element:** Contains the name of the data element.

4)  **Additional Information:** Indicates the rules for populating the
    field, valid values and edit rules.

**NOTE:** File layout was changed on 7/8/2002 in order to streamline
data processing. All value fields (e.g. fee percent, interest rates,
balances, or anything that is a dollar amount) are now passed as real
values and are of variable length. The file is also pipe delimited
allowing for quicker loading of data into temp table.

+----+---+------+----------+------+---------------------------------+
| ## |   |      |          |      |                                 |
| ## |   |      |          |      |                                 |
| ## |   |      |          |      |                                 |
| ## |   |      |          |      |                                 |
|  L |   |      |          |      |                                 |
| aR |   |      |          |      |                                 |
| S  |   |      |          |      |                                 |
| Re |   |      |          |      |                                 |
| po |   |      |          |      |                                 |
| rt |   |      |          |      |                                 |
|  H |   |      |          |      |                                 |
| ea |   |      |          |      |                                 |
| de |   |      |          |      |                                 |
| r  |   |      |          |      |                                 |
| Re |   |      |          |      |                                 |
| co |   |      |          |      |                                 |
| rd |   |      |          |      |                                 |
|  L |   |      |          |      |                                 |
| ay |   |      |          |      |                                 |
| ou |   |      |          |      |                                 |
| t  |   |      |          |      |                                 |
| (H |   |      |          |      |                                 |
| EA |   |      |          |      |                                 |
| DE |   |      |          |      |                                 |
| R) |   |      |          |      |                                 |
+====+===+======+==========+======+=================================+
| ** |   | **   | **Data   | **   | **Additional Information**      |
| Po |   | Leng | E        | Edit |                                 |
| si |   | th** | lement** | Numb |                                 |
| ti |   |      |          | er** |                                 |
| on |   |      |          |      |                                 |
| ** |   |      |          |      |                                 |
|    |   |      |          |      |                                 |
| *  |   |      |          |      |                                 |
| *S |   |      |          |      |                                 |
| ta |   |      |          |      |                                 |
| rt |   |      |          |      |                                 |
| E  |   |      |          |      |                                 |
| nd |   |      |          |      |                                 |
| ** |   |      |          |      |                                 |
+----+---+------+----------+------+---------------------------------+
| 1  | 6 | 6    | Sender   | 200  | Should be Lender ID if the      |
|    |   |      | ID       |      | sender is a Lender, or Servicer |
|    |   |      |          |      | ID if the sender is a servicer. |
|    |   |      |          |      | Must be a valid ID in FSA LaRS. |
+----+---+------+----------+------+---------------------------------+
| 7  | 7 | 1    | Servicer | 201  | Y = Yes, N = No                 |
+----+---+------+----------+------+---------------------------------+
| 8  | V | Vari | Total    | 202  | It should be 1 if the sender is |
|    | a | able | Number   |      | a Lender, otherwise it could be |
|    | r |      | of       |      | more than 1. Always pass in     |
|    | i |      | Invoices |      | real, whole numbers. If there   |
|    | a |      | in the   |      | are 220 invoices in the file,   |
|    | b |      | file     |      | then pass 220.                  |
|    | l |      |          |      |                                 |
|    | e |      |          |      | This number should be the       |
|    |   |      |          |      | number of LaRS Report Detail    |
|    |   |      |          |      | Record Header Layout (RECORD_0) |
|    |   |      |          |      | records that are contained in   |
|    |   |      |          |      | the file.                       |
+----+---+------+----------+------+---------------------------------+

+----+----+------+----------+------+---------------------------------+
| #  |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| #  |    |      |          |      |                                 |
| La |    |      |          |      |                                 |
| RS |    |      |          |      |                                 |
|  R |    |      |          |      |                                 |
| ep |    |      |          |      |                                 |
| or |    |      |          |      |                                 |
| t  |    |      |          |      |                                 |
| De |    |      |          |      |                                 |
| ta |    |      |          |      |                                 |
| il |    |      |          |      |                                 |
|  R |    |      |          |      |                                 |
| ec |    |      |          |      |                                 |
| or |    |      |          |      |                                 |
| d  |    |      |          |      |                                 |
| He |    |      |          |      |                                 |
| ad |    |      |          |      |                                 |
| er |    |      |          |      |                                 |
|  L |    |      |          |      |                                 |
| ay |    |      |          |      |                                 |
| ou |    |      |          |      |                                 |
| t  |    |      |          |      |                                 |
| (R |    |      |          |      |                                 |
| EC |    |      |          |      |                                 |
| OR |    |      |          |      |                                 |
| D_ |    |      |          |      |                                 |
| 0) |    |      |          |      |                                 |
+====+====+======+==========+======+=================================+
| ** |    | **   | **Data   | **   | **Additional Information**      |
| Po |    | Leng | E        | Edit |                                 |
| si |    | th** | lement** | Numb |                                 |
| ti |    |      |          | er** |                                 |
| on |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
|    |    |      |          |      |                                 |
| *  |    |      |          |      |                                 |
| *S |    |      |          |      |                                 |
| ta |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
| E  |    |      |          |      |                                 |
| nd |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
+----+----+------+----------+------+---------------------------------+
| 1  | 6  | 6    | Lender   | 200  | Must be valid Lender ID in FSA  |
|    |    |      | ID (LID) |      | LaRS.                           |
+----+----+------+----------+------+---------------------------------+
| 7  | 8  | 2    | Record   | 203  | Must be zeroes (e.g. 00). This  |
|    |    |      | Type     |      | will be a constant.             |
+----+----+------+----------+------+---------------------------------+
| 9  | 12 | 4    | Year     | 204  | Year of the LaRS Report in YYYY |
|    |    |      |          |      | format                          |
+----+----+------+----------+------+---------------------------------+
| 13 | 13 | 1    | Quarter  | 205  | Quarter of LaRS Report          |
|    |    |      |          |      |                                 |
|    |    |      |          |      | 1 = 1^st^ quarter, March 31     |
|    |    |      |          |      |                                 |
|    |    |      |          |      | 2 = 2^nd^ quarter, June 30      |
|    |    |      |          |      |                                 |
|    |    |      |          |      | 3 = 3^rd^ quarter, September 30 |
|    |    |      |          |      |                                 |
|    |    |      |          |      | 4 = 4^th^ quarter, December 31  |
+----+----+------+----------+------+---------------------------------+
| 14 | 14 | 1    | Activity | 201  | Y = Yes, N = No                 |
+----+----+------+----------+------+---------------------------------+
| 15 | 15 | 1    | Ori      | 201  | Y = Yes, N = No                 |
|    |    |      | gination |      |                                 |
|    |    |      | or       |      |                                 |
|    |    |      | Acti     |      |                                 |
|    |    |      | vity/Adj |      |                                 |
|    |    |      | ustments |      |                                 |
+----+----+------+----------+------+---------------------------------+
| 16 | 16 | 1    | Interest | 201  | Y = Yes, N = No                 |
|    |    |      | Activity |      |                                 |
|    |    |      | or       |      |                                 |
|    |    |      | Ad       |      |                                 |
|    |    |      | justment |      |                                 |
+----+----+------+----------+------+---------------------------------+
| 17 | 17 | 1    | Special  | 201  | Y = Yes, N = No                 |
|    |    |      | A        |      |                                 |
|    |    |      | llowance |      |                                 |
|    |    |      | or       |      |                                 |
|    |    |      | Ad       |      |                                 |
|    |    |      | justment |      |                                 |
+----+----+------+----------+------+---------------------------------+

+----+----+------+----------+------+---------------------------------+
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
|  L |    |      |          |      |                                 |
| aR |    |      |          |      |                                 |
| S  |    |      |          |      |                                 |
| Re |    |      |          |      |                                 |
| po |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
|  D |    |      |          |      |                                 |
| et |    |      |          |      |                                 |
| ai |    |      |          |      |                                 |
| l  |    |      |          |      |                                 |
| Re |    |      |          |      |                                 |
| co |    |      |          |      |                                 |
| rd |    |      |          |      |                                 |
|  L |    |      |          |      |                                 |
| ay |    |      |          |      |                                 |
| ou |    |      |          |      |                                 |
| t  |    |      |          |      |                                 |
| fo |    |      |          |      |                                 |
| r  |    |      |          |      |                                 |
| Lo |    |      |          |      |                                 |
| an |    |      |          |      |                                 |
|  O |    |      |          |      |                                 |
| ri |    |      |          |      |                                 |
| gi |    |      |          |      |                                 |
| na |    |      |          |      |                                 |
| ti |    |      |          |      |                                 |
| on |    |      |          |      |                                 |
|  ( |    |      |          |      |                                 |
| Pa |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
|  I |    |      |          |      |                                 |
| )  |    |      |          |      |                                 |
| (R |    |      |          |      |                                 |
| EC |    |      |          |      |                                 |
| OR |    |      |          |      |                                 |
| D_ |    |      |          |      |                                 |
| 1) |    |      |          |      |                                 |
+====+====+======+==========+======+=================================+
| ** |    | **   | **Data   | **   | **Additional Information**      |
| Po |    | Leng | E        | Edit |                                 |
| si |    | th** | lement** | Numb |                                 |
| ti |    |      |          | er** |                                 |
| on |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
|    |    |      |          |      |                                 |
| *  |    |      |          |      |                                 |
| *S |    |      |          |      |                                 |
| ta |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
| E  |    |      |          |      |                                 |
| nd |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
+----+----+------+----------+------+---------------------------------+
| 1  | 6  | 6    | Lender   | 200  | Must be valid Lender ID in FSA  |
|    |    |      | ID (LID) |      | LaRS.                           |
+----+----+------+----------+------+---------------------------------+
| 7  | 8  | 2    | Record   | 203  | Must be one (e.g. 01). This     |
|    |    |      | Type     |      | will be a constant.             |
|    |    |      |          | 017  |                                 |
|    |    |      |          |      | There can be only one           |
|    |    |      |          |      | occurrence for each unique      |
|    |    |      |          |      | combination of Loan Type, Fee   |
|    |    |      |          |      | Code, Fee Percent and Loan      |
|    |    |      |          |      | Interest Rate.                  |
+----+----+------+----------+------+---------------------------------+
| 9  | 10 | 2    | Loan     | 109  | **SF** = Stafford except        |
|    |    |      | Type     |      | unsubsidized Stafford           |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **PL** = Federal PLUS           |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **SL** = Federal SLS            |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **CL** = Federal Consolidation  |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **SU** = Unsubsidized Stafford  |
+----+----+------+----------+------+---------------------------------+
| 11 | 12 | 2    | Fee Code | 010  | **Origination fees for current  |
|    |    |      |          |      | quarter:**                      |
|    |    |      |          | 123  |                                 |
|    |    |      |          |      | **FN** - New loans you have     |
|    |    |      |          |      | made in the quarter covered by  |
|    |    |      |          |      | this form if you owe the        |
|    |    |      |          |      | origination fees                |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **FS** - Loans you made and     |
|    |    |      |          |      | sold in the quarter covered by  |
|    |    |      |          |      | this form if the purchaser owes |
|    |    |      |          |      | the origination fees            |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **FB** - Loans you bought from  |
|    |    |      |          |      | another Lender in the quarter   |
|    |    |      |          |      | covered by this form, if you    |
|    |    |      |          |      | owe the origination fees        |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **Origination fee adjustments   |
|    |    |      |          |      | to previously reported          |
|    |    |      |          |      | quarters:**                     |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **FI** - Net increase in loans  |
|    |    |      |          |      | you made or bought as reported  |
|    |    |      |          |      | for a previous quarter, if you  |
|    |    |      |          |      | owe the origination fees        |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **FD** - Net decrease in loans  |
|    |    |      |          |      | you made or bought as reported  |
|    |    |      |          |      | for a previous quarter, if the  |
|    |    |      |          |      | fees are to be credited to you  |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **Lender loan fees for current  |
|    |    |      |          |      | quarter:**                      |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **LN** - New loans you have     |
|    |    |      |          |      | made in the quarter covered by  |
|    |    |      |          |      | this form, if you owe the       |
|    |    |      |          |      | Lender loan fees                |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **LS** -- Loans you made and    |
|    |    |      |          |      | sold in the quarter covered by  |
|    |    |      |          |      | this form, if the purchaser     |
|    |    |      |          |      | owes the Lender loan fees       |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **LB** -- Loans you bought from |
|    |    |      |          |      | another Lender in the quarter   |
|    |    |      |          |      | covered by this form, if you    |
|    |    |      |          |      | owe the Lender loan fees.       |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **Lender fee adjustments to     |
|    |    |      |          |      | previously reported quarters:** |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **LI** - Net increase in loans  |
|    |    |      |          |      | you made or bought as reported  |
|    |    |      |          |      | for a previous quarter, if you  |
|    |    |      |          |      | owe the Lender fees             |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **LD** - Net decrease in loans  |
|    |    |      |          |      | you made or bought as reported  |
|    |    |      |          |      | for a previous quarter, if the  |
|    |    |      |          |      | fees are to be credited to you. |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Fee code **FB**, **FD**,        |
|    |    |      |          |      | **FI**, **FN**, or **FS** is    |
|    |    |      |          |      | invalid with loan type **CL**.  |
+----+----+------+----------+------+---------------------------------+
| 13 | Va | Vari | Fee      | 009  | Valid values are .005, .03,     |
|    | ri | able | Percent  |      | .05, .055, and .065.            |
|    | ab |      |          | 011  |                                 |
|    | le |      |          |      | Fee Percent for Fee Code FN     |
|    |    |      |          | 047  | must be .03 for the billing     |
|    |    |      |          |      | period indicated on the lender  |
|    |    |      |          | 110  | profile                         |
|    |    |      |          |      |                                 |
|    |    |      |          | 111  | If the Loan Type is SF, PL, SU  |
|    |    |      |          |      | the Fee Percent must be valid   |
|    |    |      |          | 112  | for Fee Code, FN. For Fee Code  |
|    |    |      |          |      | FN, Fee Percent .xxx is invalid |
|    |    |      |          | 118  | for the billing period          |
|    |    |      |          |      | indicated on lender profile.    |
|    |    |      |          |      |                                 |
|    |    |      |          |      | If the Loan Type is SU, the Fee |
|    |    |      |          |      | Percent must be valid for Fee   |
|    |    |      |          |      | Codes FB, FD, FI or FS. For     |
|    |    |      |          |      | Loan Type SU, the origination   |
|    |    |      |          |      | fee percent must be .065 or     |
|    |    |      |          |      | .03.                            |
|    |    |      |          |      |                                 |
|    |    |      |          |      | If the Loan Type is PL or SL    |
|    |    |      |          |      | the Fee Percent must be valid   |
|    |    |      |          |      | for Fee Codes FB, FD, FI or FS. |
|    |    |      |          |      | For loan types PL or SL, the    |
|    |    |      |          |      | origination fee percent must be |
|    |    |      |          |      | .05, or .03.                    |
|    |    |      |          |      |                                 |
|    |    |      |          |      | If the Loan Type is SF the Fee  |
|    |    |      |          |      | Percent must be valid for Fee   |
|    |    |      |          |      | Codes FB, FD, FI or FS. For     |
|    |    |      |          |      | Loan Type SF, the origination   |
|    |    |      |          |      | Fee Percent must be .05, or     |
|    |    |      |          |      | .03.                            |
|    |    |      |          |      |                                 |
|    |    |      |          |      | If the Fee Code is LN, LS, LB,  |
|    |    |      |          |      | LI, or LD the Fee Percent must  |
|    |    |      |          |      | be valid. Fee percent for Fee   |
|    |    |      |          |      | Codes LN, LS, LB, LI, or LD     |
|    |    |      |          |      | must be .005.                   |
|    |    |      |          |      |                                 |
|    |    |      |          |      | In the file layout these        |
|    |    |      |          |      | numbers will be represented as  |
|    |    |      |          |      | real values with decimals:      |
|    |    |      |          |      | .005, .030, .050, .055, .065.   |
+----+----+------+----------+------+---------------------------------+
| Va | Va | Vari | Loan     | 012  | **EVAR** -- For variable        |
| ri | ri | able | Interest |      | Federal Stafford and            |
| ab | ab |      | Rate     | 012A | Unsubsidized Stafford, PLUS and |
| le | le |      |          |      | SLS loans made on or after      |
|    |    |      |          | 120  | October 1, 1992, and            |
|    |    |      |          |      | Consolidation loans made during |
|    |    |      |          | 125  | the "Emergency Consolidation    |
|    |    |      |          |      | Loan Act".                      |
|    |    |      |          | 125B |                                 |
|    |    |      |          |      | **CVAR** -- For Federal PLUS    |
|    |    |      |          |      | and SLS loans made in 1986-7    |
|    |    |      |          |      | where the interest rate changes |
|    |    |      |          |      | each January 1                  |
|    |    |      |          |      |                                 |
|    |    |      |          |      | [**FVAR7** -]{.smallcaps}       |
|    |    |      |          |      | Converted fixed rate loans of   |
|    |    |      |          |      | 7%.                             |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **FVAR8 -** Converted fixed     |
|    |    |      |          |      | rate loans of 8% or 8/10%       |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **FVAR9 -** Converted fixed     |
|    |    |      |          |      | rate loans of 9%                |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **FVAR10 -** Converted fixed    |
|    |    |      |          |      | rate loans of 10% or 8/10%      |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **FVARX** - Converted fixed     |
|    |    |      |          |      | rate loans of 8/10%             |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **VAR** -- For all other        |
|    |    |      |          |      | (PLUS/SLS) variable interest    |
|    |    |      |          |      | rates loans made prior to       |
|    |    |      |          |      | 10/1/1992.                      |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Loan interest rate must be .07, |
|    |    |      |          |      | .08, .09, .10, VAR, CVAR, EVAR, |
|    |    |      |          |      | FVARX, FVAR7, FVAR8, FVAR9 or   |
|    |    |      |          |      | FVAR10.                         |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Loan interest rate must be      |
|    |    |      |          |      | greater than zero if the loan   |
|    |    |      |          |      | type is CL.                     |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Interest rates FVAR7, FVAR8,    |
|    |    |      |          |      | FVAR9, FVAR10, or FVARX only    |
|    |    |      |          |      | apply to SF loans and SU loans. |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Interest rate for federal       |
|    |    |      |          |      | consolidated (CL) loans must    |
|    |    |      |          |      | fall within the range of 1% to  |
|    |    |      |          |      | 25%.                            |
|    |    |      |          |      |                                 |
|    |    |      |          |      | If the Loan Type is CL, and the |
|    |    |      |          |      | Fee Code is LN then the         |
|    |    |      |          |      | Interest Rate must be 2.5% -    |
|    |    |      |          |      | 8.25% for the Billing Period    |
|    |    |      |          |      | greater than or equal to        |
|    |    |      |          |      | 1998/4.                         |
|    |    |      |          |      |                                 |
|    |    |      |          |      | In the file layout these        |
|    |    |      |          |      | numbers will be represented as  |
|    |    |      |          |      | real values with decimals: 7%   |
|    |    |      |          |      | would be .07. Character         |
|    |    |      |          |      | interest rates need no padding, |
|    |    |      |          |      | simply pass the text string.    |
+----+----+------+----------+------+---------------------------------+
| Va | Va | Vari | P        | 013  | Must be the whole dollar        |
| ri | ri | able | rincipal |      | amount. Must be a positive      |
| ab | ab |      | Amount   | 137  | number or zero.                 |
| le | le |      | of Loan  |      |                                 |
|    |    |      |          | 016  | For loan type SF, SU, PL, total |
|    |    |      |          |      | FN/FS principal amount of loans |
|    |    |      |          | 016A | must be equal to total LN plus  |
|    |    |      |          |      | LS principal amount of loans    |
|    |    |      |          |      | for current billing period.     |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Loan Type, Fee Code, Fee        |
|    |    |      |          |      | Percent, and Loan Interest Rate |
|    |    |      |          |      | must be filled and valid if     |
|    |    |      |          |      | there is a value in this field. |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Interest Rate 8/10 is valid     |
|    |    |      |          |      | only for Fee Codes FI, FD, LI   |
|    |    |      |          |      | or LD.                          |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Pass real number amounts, e.g.  |
|    |    |      |          |      | 98143.                          |
+----+----+------+----------+------+---------------------------------+

+----+----+------+----------+------+---------------------------------+
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
|  L |    |      |          |      |                                 |
| aR |    |      |          |      |                                 |
| S  |    |      |          |      |                                 |
| Re |    |      |          |      |                                 |
| po |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
|  D |    |      |          |      |                                 |
| et |    |      |          |      |                                 |
| ai |    |      |          |      |                                 |
| l  |    |      |          |      |                                 |
| Re |    |      |          |      |                                 |
| co |    |      |          |      |                                 |
| rd |    |      |          |      |                                 |
|  L |    |      |          |      |                                 |
| ay |    |      |          |      |                                 |
| ou |    |      |          |      |                                 |
| t  |    |      |          |      |                                 |
| fo |    |      |          |      |                                 |
| r  |    |      |          |      |                                 |
| In |    |      |          |      |                                 |
| te |    |      |          |      |                                 |
| re |    |      |          |      |                                 |
| st |    |      |          |      |                                 |
|  B |    |      |          |      |                                 |
| en |    |      |          |      |                                 |
| ef |    |      |          |      |                                 |
| it |    |      |          |      |                                 |
| s  |    |      |          |      |                                 |
| (P |    |      |          |      |                                 |
| AR |    |      |          |      |                                 |
| T  |    |      |          |      |                                 |
| II |    |      |          |      |                                 |
| )  |    |      |          |      |                                 |
| (R |    |      |          |      |                                 |
| EC |    |      |          |      |                                 |
| OR |    |      |          |      |                                 |
| D_ |    |      |          |      |                                 |
| 2) |    |      |          |      |                                 |
+====+====+======+==========+======+=================================+
| ** |    | **   | **Data   | **   | **Additional Information**      |
| Po |    | Leng | E        | Edit |                                 |
| si |    | th** | lement** | Numb |                                 |
| ti |    |      |          | er** |                                 |
| on |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
|    |    |      |          |      |                                 |
| *  |    |      |          |      |                                 |
| *S |    |      |          |      |                                 |
| ta |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
| E  |    |      |          |      |                                 |
| nd |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
+----+----+------+----------+------+---------------------------------+
| 1  | 6  | 6    | Lender   | 200  | Must be valid Lender ID in FSA  |
|    |    |      | ID (LID) |      | LaRS.                           |
|    |    |      |          |      |                                 |
|    |    |      |          |      | []{.mark}                       |
+----+----+------+----------+------+---------------------------------+
| 7  | 8  | 2    | Record   | 203  | Must be two (e.g. 02). This     |
|    |    |      | Type     |      | will be a constant              |
+----+----+------+----------+------+---------------------------------+
| 9  | 10 | 2    | Loan     | 113  | **SF** = Stafford except        |
|    |    |      | Type     |      | unsubsidized Stafford           |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **CL** = Federal Consolidation  |
+----+----+------+----------+------+---------------------------------+
| 11 | Va | Vari | Interest | 004  | In the file layout these        |
|    | ri | able | Rate     |      | numbers will be represented as  |
|    | ab |      |          | 018  | real values with decimals: A    |
|    | le |      |          |      | value of .01725 will be         |
|    |    |      |          | 125  | represented as .01725. This     |
|    |    |      |          |      | interest rate must be a valid   |
|    |    |      |          |      | value only if the Billing Code  |
|    |    |      |          |      | is BC.                          |
|    |    |      |          |      |                                 |
|    |    |      |          |      | The Interest Rate for Loan Type |
|    |    |      |          |      | SF is capped at 10%.            |
|    |    |      |          |      |                                 |
|    |    |      |          |      | The Interest Rate for Loan Type |
|    |    |      |          |      | CL must fall within the range   |
|    |    |      |          |      | of 1% to 25%.                   |
+----+----+------+----------+------+---------------------------------+
| Va | Va | Vari | Billing  | 019  | **BC** -- Interest due to you   |
| ri | ri | able | Code     |      | for the current quarter         |
| ab | ab |      |          | 027  |                                 |
| le | le |      |          |      | **BI** -- Adjustment, resulting |
|    |    |      |          | 099  | in a net increase in the        |
|    |    |      |          |      | interest due to you from        |
|    |    |      |          |      | previous quarters' billings     |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **BD** -- Adjustment, resulting |
|    |    |      |          |      | in a net decrease in the        |
|    |    |      |          |      | interest due to you from        |
|    |    |      |          |      | previous quarters' billings     |
|    |    |      |          |      |                                 |
|    |    |      |          |      | There can be only one           |
|    |    |      |          |      | occurrence for each unique      |
|    |    |      |          |      | combination of Loan Type and    |
|    |    |      |          |      | Interest Rate for Billing Code  |
|    |    |      |          |      | of BC.                          |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Only one adjustment for each    |
|    |    |      |          |      | BI, BD code is permitted for    |
|    |    |      |          |      | each loan type.                 |
+----+----+------+----------+------+---------------------------------+
| Va | Va | Vari | Ending   | 020  | Ending Principal Balance must   |
| ri | ri | able | P        |      | be entered UNLESS the Billing   |
| ab | ab |      | rincipal |      | Code is BI or BD.               |
| le | le |      | Balance  |      |                                 |
|    |    |      |          |      | Must be the whole dollar        |
|    |    |      |          |      | amount. Must be positive or     |
|    |    |      |          |      | zero. Pass real number amounts, |
|    |    |      |          |      | e.g. 98143. If the Billing Code |
|    |    |      |          |      | is BI or BD then enter 0 in     |
|    |    |      |          |      | this field                      |
+----+----+------+----------+------+---------------------------------+
| Va | va | vari | Average  | 024  | Average Daily Principal Balance |
| ri | ri | able | Daily    |      | must be entered UNLESS the      |
| ab | ab |      | P        | 903  | Billing Code is BI or BD.       |
| le | le |      | rincipal |      |                                 |
|    |    |      | Balance  | 021  | If this field is entered,       |
|    |    |      |          |      | fields Loan Type, Interest      |
|    |    |      |          |      | Rate, Billing Code, and Ending  |
|    |    |      |          |      | Principal Balance must contain  |
|    |    |      |          |      | valid values.                   |
|    |    |      |          |      |                                 |
|    |    |      |          |      | The total of the average daily  |
|    |    |      |          |      | principal balances you reported |
|    |    |      |          |      | in Part II - Interest Benefits  |
|    |    |      |          |      | with Billing Codes BC and Loan  |
|    |    |      |          |      | Type SF differs from what we    |
|    |    |      |          |      | calculated an average daily     |
|    |    |      |          |      | balance to be using your prior  |
|    |    |      |          |      | quarter\'s submissions, taking  |
|    |    |      |          |      | into account increases,         |
|    |    |      |          |      | adjustments and quarters for    |
|    |    |      |          |      | which we did not process a      |
|    |    |      |          |      | billing. We assumed that all    |
|    |    |      |          |      | increases to principal reported |
|    |    |      |          |      | in Part IV; lines 3-6 for this  |
|    |    |      |          |      | quarter applied to Stafford and |
|    |    |      |          |      | FISL loans and occurred on the  |
|    |    |      |          |      | first day of the quarter. The   |
|    |    |      |          |      | average daily principal balance |
|    |    |      |          |      | we calculated should be much    |
|    |    |      |          |      | higher than your true average   |
|    |    |      |          |      | daily principal balance. The    |
|    |    |      |          |      | Average Daily Principal Balance |
|    |    |      |          |      | you reported was higher than    |
|    |    |      |          |      | the amount we calculated. This  |
|    |    |      |          |      | indicates that you may have     |
|    |    |      |          |      | made an error in either this    |
|    |    |      |          |      | quarter\'s ED LaRS or your      |
|    |    |      |          |      | previous quarter\'s ED LaRS and |
|    |    |      |          |      | may owe ED a refund of interest |
|    |    |      |          |      | benefits.                       |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Must be the whole dollar        |
|    |    |      |          |      | amount. Must be positive or     |
|    |    |      |          |      | zero. Pass real number amounts, |
|    |    |      |          |      | e.g. 98143. If the Billing Code |
|    |    |      |          |      | is BI or BD then enter 0 in     |
|    |    |      |          |      | this field                      |
+----+----+------+----------+------+---------------------------------+
| va | va | vari | Interest | 022  | Interest Amount must be entered |
| ri | ri | able | Amount   |      | UNLESS the Billing Code is BC.  |
| ab | ab |      |          |      | If the Billing Code is BI or    |
| le | le |      |          |      | BD, enter the exact dollar      |
|    |    |      |          |      | amount to the penny. Pass real  |
|    |    |      |          |      | number amounts, e.g. 98143.22.  |
+----+----+------+----------+------+---------------------------------+

+----+----+------+-----------+-------+---------------------------------+
| #  |    |      |           |       |                                 |
| ## |    |      |           |       |                                 |
| ## |    |      |           |       |                                 |
| ## |    |      |           |       |                                 |
| #  |    |      |           |       |                                 |
| La |    |      |           |       |                                 |
| RS |    |      |           |       |                                 |
|  R |    |      |           |       |                                 |
| ep |    |      |           |       |                                 |
| or |    |      |           |       |                                 |
| t  |    |      |           |       |                                 |
| De |    |      |           |       |                                 |
| ta |    |      |           |       |                                 |
| il |    |      |           |       |                                 |
|  R |    |      |           |       |                                 |
| ec |    |      |           |       |                                 |
| or |    |      |           |       |                                 |
| d  |    |      |           |       |                                 |
| La |    |      |           |       |                                 |
| yo |    |      |           |       |                                 |
| ut |    |      |           |       |                                 |
|  f |    |      |           |       |                                 |
| or |    |      |           |       |                                 |
|  S |    |      |           |       |                                 |
| pe |    |      |           |       |                                 |
| ci |    |      |           |       |                                 |
| al |    |      |           |       |                                 |
|  A |    |      |           |       |                                 |
| ll |    |      |           |       |                                 |
| ow |    |      |           |       |                                 |
| an |    |      |           |       |                                 |
| ce |    |      |           |       |                                 |
|  ( |    |      |           |       |                                 |
| PA |    |      |           |       |                                 |
| RT |    |      |           |       |                                 |
|  I |    |      |           |       |                                 |
| II |    |      |           |       |                                 |
| )  |    |      |           |       |                                 |
| (R |    |      |           |       |                                 |
| EC |    |      |           |       |                                 |
| OR |    |      |           |       |                                 |
| D_ |    |      |           |       |                                 |
| 3) |    |      |           |       |                                 |
+====+====+======+===========+=======+=================================+
| ** |    | **   | **Data    | *     | **Additional Information**      |
| Po |    | Leng | Element** | *Edit |                                 |
| si |    | th** |           | Num   |                                 |
| ti |    |      |           | ber** |                                 |
| on |    |      |           |       |                                 |
| ** |    |      |           |       |                                 |
|    |    |      |           |       |                                 |
| *  |    |      |           |       |                                 |
| *S |    |      |           |       |                                 |
| ta |    |      |           |       |                                 |
| rt |    |      |           |       |                                 |
| E  |    |      |           |       |                                 |
| nd |    |      |           |       |                                 |
| ** |    |      |           |       |                                 |
+----+----+------+-----------+-------+---------------------------------+
| 1  | 6  | 6    | Lender ID | 200   | Must be valid Lender ID in FSA  |
|    |    |      | (LID)     |       | LaRS.                           |
+----+----+------+-----------+-------+---------------------------------+
| 7  | 8  | 2    | Record    | 203   | Must be three (e.g. 03). This   |
|    |    |      | Type      |       | will be a constant              |
|    |    |      |           | 043   |                                 |
|    |    |      |           |       | There can be only one record    |
|    |    |      |           |       | for each unique combination of  |
|    |    |      |           |       | Year, Quarter, Special          |
|    |    |      |           |       | Allowance Category, Loan Type,  |
|    |    |      |           |       | Interest Rate and Billing Code. |
+----+----+------+-----------+-------+---------------------------------+
| 9  | 10 | 2    | Billing   | 033,  | **BC** -- Special allowance due |
|    |    |      | Code      | 034   | to you for the current quarter. |
|    |    |      |           |       |                                 |
|    |    |      |           | 035   | **BI** -- Adjustment, resulting |
|    |    |      |           |       | in a net increase in the        |
|    |    |      |           | 045   | special allowance due to you    |
|    |    |      |           |       | from previous quarters'         |
|    |    |      |           | 036   | billings                        |
|    |    |      |           |       |                                 |
|    |    |      |           |       | **BD** -- Adjustment, resulting |
|    |    |      |           |       | in a net decrease in the        |
|    |    |      |           |       | special allowance due to you    |
|    |    |      |           |       | from previous quarters'         |
|    |    |      |           |       | billings                        |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Billing code BI or BD, SAC code |
|    |    |      |           |       | of SE or XE is not valid prior  |
|    |    |      |           |       | to 1993/1; SAC code of SJ or XJ |
|    |    |      |           |       | is not valid prior to 1998/4;   |
|    |    |      |           |       | SAC code of SK, XK, SL, or XL   |
|    |    |      |           |       | is not valid prior to 1999/1.   |
|    |    |      |           |       | SAC code of CA, CB, CC and CD   |
|    |    |      |           |       | is not valid prior to 2000/1.   |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Billing code must be entered if |
|    |    |      |           |       | there is a value in field       |
|    |    |      |           |       | Average Daily Principal Balance |
|    |    |      |           |       | or Adjustments.                 |
+----+----+------+-----------+-------+---------------------------------+
| 11 | 14 | 4    | Year      | 028   | Must be 4-digit number, e.g.    |
|    |    |      |           |       | 2001.                           |
+----+----+------+-----------+-------+---------------------------------+
| 15 | 15 | 1    | Quarter   | 029   | Valid values are 1,2,3,4:       |
|    |    |      |           |       |                                 |
|    |    |      |           |       | 1 = 1^st^ quarter, March 31     |
|    |    |      |           |       |                                 |
|    |    |      |           |       | 2 = 2^nd^ quarter, June 30      |
|    |    |      |           |       |                                 |
|    |    |      |           |       | 3 = 3^rd^ quarter, September 30 |
|    |    |      |           |       |                                 |
|    |    |      |           |       | 4 = 4^th^ quarter, December 31  |
+----+----+------+-----------+-------+---------------------------------+
| 16 | 17 | 2    | Loan Type | 031   | **SF** = Stafford except        |
|    |    |      |           |       | unsubsidized Stafford           |
|    |    |      |           |       |                                 |
|    |    |      |           |       | **PL** = Federal PLUS           |
|    |    |      |           |       |                                 |
|    |    |      |           |       | **SL** = Federal SLS            |
|    |    |      |           |       |                                 |
|    |    |      |           |       | **CL** = Federal Consolidation  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | **SU** = Unsubsidized Stafford  |
+----+----+------+-----------+-------+---------------------------------+
| 18 | 19 | 2    | Special   | 030   | **SA, SB, SC, SD, SE, SG, SH,   |
|    |    |      | Allowance |       | SJ, SK, SL, XA, XB, XC, XE, XG, |
|    |    |      | Category  | 049   | XH, XJ, XK, XL**                |
|    |    |      |           |       |                                 |
|    |    |      |           | 081   | Codes for CA, CB, CC, and CD    |
|    |    |      |           |       | are valid for 2000/1 and later. |
|    |    |      |           | 090   | Codes SH/XH are valid for bill  |
|    |    |      |           |       | periods 95/3 and later; SJ/XJ   |
|    |    |      |           | 091   | are valid for bill periods 98/3 |
|    |    |      |           |       | and later. SK/XK and SL/XL are  |
|    |    |      |           | 092   | valid for 98/4 and later.       |
|    |    |      |           |       |                                 |
|    |    |      |           | 093   | Certain Loan Types are not      |
|    |    |      |           |       | valid for specific SACs.        |
|    |    |      |           | 094   |                                 |
|    |    |      |           |       | -For Loan Types CL/ SL, SAC SH, |
|    |    |      |           | 095   | XH is NOT valid.                |
|    |    |      |           |       |                                 |
|    |    |      |           | 096   | -For Loan Types CL/PL/SL, SACs  |
|    |    |      |           |       | SJ, XJ is NOT valid.            |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -For Loan Type CL, SAC SA/XA is |
|    |    |      |           |       | NOT valid.                      |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -For Loan Type SU, SAC SA, SB,  |
|    |    |      |           |       | SC, XA, XB, XC is NOT valid.    |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -For Loan Types CL/SL SAC SG/XG |
|    |    |      |           |       | is NOT valid.                   |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -For Loan Type SF, SL, SU or CL |
|    |    |      |           |       | is not valid with SAC CD.       |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL with SAC SE,    |
|    |    |      |           |       | SG, SH, XE, XH and CD are only  |
|    |    |      |           |       | valid with interest rate EVAR   |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL with SAC SA is  |
|    |    |      |           |       | not valid with interest rates   |
|    |    |      |           |       | other than 9%.                  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL with SAC SB is  |
|    |    |      |           |       | not valid with interest rates   |
|    |    |      |           |       | other than 12%, or 14%.         |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL with SAC SC is  |
|    |    |      |           |       | not valid with interest rates   |
|    |    |      |           |       | other than 12%, 14%, VAR, and   |
|    |    |      |           |       | CVAR                            |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL with SAC SD is  |
|    |    |      |           |       | not valid with interest rates   |
|    |    |      |           |       | other than VAR or CVAR.         |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL with SAC XA is  |
|    |    |      |           |       | not valid with interest rates   |
|    |    |      |           |       | other than 9%.                  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL with SAC XB is  |
|    |    |      |           |       | not valid with interest rates   |
|    |    |      |           |       | other than 12%, 14%, VAR, or    |
|    |    |      |           |       | CVAR.                           |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL with SAC XC is  |
|    |    |      |           |       | not valid with interest rates   |
|    |    |      |           |       | other than 12%, 14%, VAR, and   |
|    |    |      |           |       | CVAR.                           |
+----+----+------+-----------+-------+---------------------------------+
| 20 | Va | vari | Interest  | 032   | **EVAR** -- For variable        |
|    | ri | able | Rate      |       | Federal Stafford and            |
|    | ab |      |           | 044   | Unsubsidized Stafford, PLUS and |
|    | le |      |           |       | SLS loans made on or after      |
|    |    |      |           | 051   | October 1, 1992, and            |
|    |    |      |           |       | Consolidation loans made during |
|    |    |      |           | 122   | the "Emergency Consolidation    |
|    |    |      |           |       | Loan Act".                      |
|    |    |      |           | 125   |                                 |
|    |    |      |           |       | **CVAR** -- For Federal PLUS    |
|    |    |      |           | 125B  | and SLS loans made in 1986-7    |
|    |    |      |           |       | where the interest rate changes |
|    |    |      |           | 046   | each January 1                  |
|    |    |      |           |       |                                 |
|    |    |      |           | 048   | [**FVAR7** -]{.smallcaps}       |
|    |    |      |           |       | Converted fixed rate loans of   |
|    |    |      |           | 050   | 7%.                             |
|    |    |      |           |       |                                 |
|    |    |      |           | 051   | **FVAR8 -** Converted fixed     |
|    |    |      |           |       | rate loans of 8% or 8/10%       |
|    |    |      |           | 124   |                                 |
|    |    |      |           |       | **FVAR9 -** Converted fixed     |
|    |    |      |           | 134   | rate loans of 9%                |
|    |    |      |           |       |                                 |
|    |    |      |           | 135   | **FVAR10 -** Converted fixed    |
|    |    |      |           |       | rate loans of 10% or 8/10%      |
|    |    |      |           | 136   |                                 |
|    |    |      |           |       | **FVARX** - Converted fixed     |
|    |    |      |           |       | rate loans of 8/10%             |
|    |    |      |           |       |                                 |
|    |    |      |           |       | **VAR** -- For all other        |
|    |    |      |           |       | (PLUS/SLS) variable interest    |
|    |    |      |           |       | rates loans made prior to       |
|    |    |      |           |       | 10/1/1992.                      |
|    |    |      |           |       |                                 |
|    |    |      |           |       | EVAR, CVAR, FVAR7, FVAR8,       |
|    |    |      |           |       | FVAR9, FVAR10, FVARX, VAR, .07, |
|    |    |      |           |       | .08, .09, .10, .11, .12, .13,   |
|    |    |      |           |       | .14 (also CL rates 2.5% to      |
|    |    |      |           |       | 8.25%, 1% - 25%)                |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Must be complete and valid      |
|    |    |      |           |       | based on the Loan Type and SAC. |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL with SAC of SE, |
|    |    |      |           |       | XE, or CD is NOT valid with     |
|    |    |      |           |       | Interest rate CVAR.             |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type SF/CL/SU and SAC      |
|    |    |      |           |       | SE/XE, SH/XH, or SJ/XJ is NOT   |
|    |    |      |           |       | valid with Interest rate CVAR   |
|    |    |      |           |       | or VAR.                         |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type SF and SAC SA/SB/XA   |
|    |    |      |           |       | are NOT valid with interest     |
|    |    |      |           |       | rate .10.                       |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type SF/SU with SAC SD, is |
|    |    |      |           |       | NOT valid with interest rates   |
|    |    |      |           |       | VAR or CVAR.                    |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type CL with SAC SL, XL,   |
|    |    |      |           |       | or CC is not valid with         |
|    |    |      |           |       | interest rates \< 2.5% or \>    |
|    |    |      |           |       | 8.25%.                          |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type SF/SU with SAC CA or  |
|    |    |      |           |       | CB is NOT valid with interest   |
|    |    |      |           |       | rates VAR or CVAR.              |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Interest Rate of 10% is not     |
|    |    |      |           |       | valid for Loan Type SF with SAC |
|    |    |      |           |       | XB/ SD and Billing Code BC.     |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan interest rate of EVAR can  |
|    |    |      |           |       | only be used with special       |
|    |    |      |           |       | allowance category of SD, SE,   |
|    |    |      |           |       | SG, SK, SH, XE, XG, XK or XH;   |
|    |    |      |           |       | as of 1998, SJ or XJ; and as of |
|    |    |      |           |       | 2000, CA, CB or CD.             |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Interest rates FVAR7, FVAR8,    |
|    |    |      |           |       | FVAR9, and FVAR10 are only      |
|    |    |      |           |       | valid for billing periods 93/4  |
|    |    |      |           |       | and later except adjustments    |
|    |    |      |           |       | which are valid 92/3 and later. |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Interest rate for federal       |
|    |    |      |           |       | consolidation (CL) loans must   |
|    |    |      |           |       | fall within the range of 1% -   |
|    |    |      |           |       | 25%.                            |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Interest rate for federal       |
|    |    |      |           |       | consolidated (CL) loans must    |
|    |    |      |           |       | fall within the range of 2.5%   |
|    |    |      |           |       | to 8.25% for the billing period |
|    |    |      |           |       | greater than or equal to        |
|    |    |      |           |       | 1998/4.                         |
|    |    |      |           |       |                                 |
|    |    |      |           |       | The Calendar                    |
|    |    |      |           |       | Year/Quarter/SAC/Interest Rate  |
|    |    |      |           |       | must match the SAC/Interest     |
|    |    |      |           |       | Rate Table for the Calendar     |
|    |    |      |           |       | Year/Quarter.                   |
|    |    |      |           |       |                                 |
|    |    |      |           |       | The Interest Rate must be EVAR  |
|    |    |      |           |       | for specific Loan Type/SAC      |
|    |    |      |           |       | combinations.                   |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -For Loan Types SF/PL/SU with   |
|    |    |      |           |       | SAC SG, SH, SJ, SK, XG, XH, XK, |
|    |    |      |           |       | CA, CB, or CD                   |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Certain Interest rates are not  |
|    |    |      |           |       | valid for specific Loan Types.  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -For Loan Type SF Interest      |
|    |    |      |           |       | Rates greater than 10%, or VAR, |
|    |    |      |           |       | or CVAR are NOT valid.          |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -For Loan Type CL, Interest     |
|    |    |      |           |       | Rates less than 1% or greater   |
|    |    |      |           |       | than 25% or not valid.          |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Interest rate of EVAR can only  |
|    |    |      |           |       | be used with special allowance  |
|    |    |      |           |       | category of SD, SE, SG, SH, SK, |
|    |    |      |           |       | XE, XG, XK or XH; and as of     |
|    |    |      |           |       | 1998, SJ or XJ.                 |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan Type PL/SL/CL is not valid |
|    |    |      |           |       | with interest rates other than  |
|    |    |      |           |       | 01% - 25%, VAR, CVAR, and EVAR. |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Interest rate of FVARX with     |
|    |    |      |           |       | special allowance code of XB or |
|    |    |      |           |       | SD and billing code of BC, BI,  |
|    |    |      |           |       | or BD is valid only with loan   |
|    |    |      |           |       | type SF and for billing periods |
|    |    |      |           |       | 96/3 and later                  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Interest rate of FVARX can be   |
|    |    |      |           |       | used only with special          |
|    |    |      |           |       | allowance category SD or XB.    |
|    |    |      |           |       |                                 |
|    |    |      |           |       | Loan type SF with special       |
|    |    |      |           |       | allowance category SD or XB     |
|    |    |      |           |       | with interest rate of FVARX is  |
|    |    |      |           |       | invalid for billing periods     |
|    |    |      |           |       | prior to 96/3.                  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | In the file layout these        |
|    |    |      |           |       | numbers will be represented as  |
|    |    |      |           |       | real values with decimals: 7%   |
|    |    |      |           |       | would be .07. Character         |
|    |    |      |           |       | interest rates need no padding, |
|    |    |      |           |       | simply pass the text string.    |
+----+----+------+-----------+-------+---------------------------------+
| Va | Va | vari | Ending    | 037   | Ending Principal Balance must   |
| ri | ri | able | Principal |       | be entered UNLESS the Billing   |
| ab | ab |      | Balance   | 922   | Code is BI or BD.               |
| le | le |      |           |       |                                 |
|    |    |      |           |       | Must be the whole dollar        |
|    |    |      |           |       | amount. Must be positive or     |
|    |    |      |           |       | zero. Pass real number amounts, |
|    |    |      |           |       | e.g. 98143.                     |
|    |    |      |           |       |                                 |
|    |    |      |           |       | For Loan Type SU the Sum of the |
|    |    |      |           |       | Ending Balances should equal    |
|    |    |      |           |       | the Ending Balance reported in  |
|    |    |      |           |       | Part V. Since most Unsubsidized |
|    |    |      |           |       | Stafford Loans are eligible for |
|    |    |      |           |       | special allowance, this         |
|    |    |      |           |       | indicates that you may have     |
|    |    |      |           |       | misreported your ending         |
|    |    |      |           |       | balances for Unsubsidized       |
|    |    |      |           |       | Stafford Loans in either Part   |
|    |    |      |           |       | III or Part V, unless this      |
|    |    |      |           |       | discrepancy can be attributed   |
|    |    |      |           |       | to loans that retain their      |
|    |    |      |           |       | guarantee but are no longer     |
|    |    |      |           |       | eligible for special            |
|    |    |      |           |       | allowance**.**                  |
+----+----+------+-----------+-------+---------------------------------+
| Va | Va | vari | Average   | 038   | Average Daily Principal Balance |
| ri | ri | able | Daily     |       | must be entered UNLESS the      |
| ab | ab |      | Principal | 910,  | Billing Code is BI or BD.       |
| le | le |      | Balance   | 911,  |                                 |
|    |    |      |           | 912,  | Must be the whole dollar        |
|    |    |      |           | 913,  | amount. Must be positive or     |
|    |    |      |           | 923   | zero. Pass real number amounts, |
|    |    |      |           |       | e.g. 98143. If the Billing Code |
|    |    |      |           | 915   | is BI or BD then enter 0 in     |
|    |    |      |           |       | this field                      |
|    |    |      |           | 040,  |                                 |
|    |    |      |           | 042   | The total of the Average Daily  |
|    |    |      |           |       | Principal Balances you reported |
|    |    |      |           |       | in Part III - Special Allowance |
|    |    |      |           |       | with Billing Codes BC and loan  |
|    |    |      |           |       | type SF or PL or SL or CL or SU |
|    |    |      |           |       | differed from what we           |
|    |    |      |           |       | calculated using the average    |
|    |    |      |           |       | daily balance using your prior  |
|    |    |      |           |       | quarter\'s submissions, taking  |
|    |    |      |           |       | into account increases,         |
|    |    |      |           |       | adjustments and quarters for    |
|    |    |      |           |       | which we did not process a      |
|    |    |      |           |       | billing. We assumed that all    |
|    |    |      |           |       | increases to principal reported |
|    |    |      |           |       | in Part IV, for the Loan Type,  |
|    |    |      |           |       | lines 3-6 for this quarter      |
|    |    |      |           |       | applied to Stafford and FISL    |
|    |    |      |           |       | (for loan type SF), PLUS (for   |
|    |    |      |           |       | loan type PL), SLS (for loan    |
|    |    |      |           |       | type SL), Consolidation (for    |
|    |    |      |           |       | loan type CL), Unsubsidized     |
|    |    |      |           |       | Stafford (for loan type SU)     |
|    |    |      |           |       | loans and occurred on the first |
|    |    |      |           |       | day of the quarter. The Average |
|    |    |      |           |       | Daily Principal Balance we      |
|    |    |      |           |       | calculated should be much       |
|    |    |      |           |       | higher than your true average   |
|    |    |      |           |       | daily principal balance. The    |
|    |    |      |           |       | average daily principal balance |
|    |    |      |           |       | you reported was higher than    |
|    |    |      |           |       | the amount we calculated. This  |
|    |    |      |           |       | indicates that you may have     |
|    |    |      |           |       | made an error in either this    |
|    |    |      |           |       | quarter\'s ED LaRS or your      |
|    |    |      |           |       | previous quarter\'s ED LaRS and |
|    |    |      |           |       | may owe ED a refund of Special  |
|    |    |      |           |       | Allowance.                      |
|    |    |      |           |       |                                 |
|    |    |      |           |       | The Average Daily Principal     |
|    |    |      |           |       | Balance you reported in Part    |
|    |    |      |           |       | III with the combination of     |
|    |    |      |           |       | Special Allowance Category,     |
|    |    |      |           |       | Loan Type, Interest Rate and    |
|    |    |      |           |       | Billing Code appears to have    |
|    |    |      |           |       | been calculated using the       |
|    |    |      |           |       | average quarterly balance       |
|    |    |      |           |       | method (i.e., Ending Principal  |
|    |    |      |           |       | Balance last quarter plus       |
|    |    |      |           |       | Ending Principal Balance this   |
|    |    |      |           |       | quarter divided by two). This   |
|    |    |      |           |       | is not an allowable method for  |
|    |    |      |           |       | calculating the Average Daily   |
|    |    |      |           |       | Principal Balance.              |
|    |    |      |           |       |                                 |
|    |    |      |           |       | If this field is entered, the   |
|    |    |      |           |       | Billing Code must be BC, BI, or |
|    |    |      |           |       | BD, and fields Year, Quarter,   |
|    |    |      |           |       | Special Allowance Code, Loan    |
|    |    |      |           |       | Type, Interest Rate, and Ending |
|    |    |      |           |       | Principal Balance must be       |
|    |    |      |           |       | entered and valid.              |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -Calendar year and quarter must |
|    |    |      |           |       | be numeric.                     |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -Quarter must be 1, 2, 3, or 4. |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -SAC must be SA, SB, SC, SD,    |
|    |    |      |           |       | SE, SG, SH, SJ, SK, SL, XA, XB, |
|    |    |      |           |       | XC, XE, XG, XH, XJ, XK, XL, CA, |
|    |    |      |           |       | CB, CC, or CD.                  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -Interest Rate must be VAR,     |
|    |    |      |           |       | CVAR, EVAR, FVAR10, FVAR7,      |
|    |    |      |           |       | FVAR8, FVAR9, or 1% through     |
|    |    |      |           |       | 25%.                            |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -If the Loan Type is SF/SU, the |
|    |    |      |           |       | Interest rate must be EVAR,     |
|    |    |      |           |       | FVAR0, FVAR7, FVAR8, FVAR9,     |
|    |    |      |           |       | FVARX, or 7% through 10% AND    |
|    |    |      |           |       | the SAC must be CA, CB, SA, SB, |
|    |    |      |           |       | SC, SD, SE, SG, SH, SJ, SK, XA, |
|    |    |      |           |       | XB, XC, XE, XG, XH, XJ, or XK.  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -If the Loan Type is PL/SL, the |
|    |    |      |           |       | Interest Rate must be 9%, 12%,  |
|    |    |      |           |       | 14%, VAR, CVAR, or EVAR and the |
|    |    |      |           |       | SAC must NOT be SJ, SL, XJ, XL, |
|    |    |      |           |       | CA, CB or CC.                   |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -If the Loan Type is CL, the    |
|    |    |      |           |       | SAC must NOT be SH, SJ, SK, XH, |
|    |    |      |           |       | XJ, XK, CA, CB, and CD and the  |
|    |    |      |           |       | Interest Rate must be 1%        |
|    |    |      |           |       | through 25%.                    |
+----+----+------+-----------+-------+---------------------------------+
| Va | Va | Vari | Ad        | 039   | Adjustments must be entered     |
| ri | ri | able | justments |       | UNLESS the Billing Code is BC.  |
| ab | ab |      |           | 041   | Must be the whole dollar        |
| le | le |      |           |       | amount. Must be positive or     |
|    |    |      |           |       | zero. Pass real number amounts, |
|    |    |      |           |       | e.g. 98143. If the Billing Code |
|    |    |      |           |       | is BC then enter 0 in this      |
|    |    |      |           |       | field                           |
|    |    |      |           |       |                                 |
|    |    |      |           |       | If there is an entry in the     |
|    |    |      |           |       | Adjustments field, the Billing  |
|    |    |      |           |       | Code must be BI or BD and the   |
|    |    |      |           |       | line item must be complete and  |
|    |    |      |           |       | valid.                          |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -Calendar year and quarter must |
|    |    |      |           |       | be numeric.                     |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -Quarter must be 1, 2, 3, or 4. |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -SAC must be SA, SB, SC, SD,    |
|    |    |      |           |       | SE, SG, SH, SJ, SK SL, XA, XB,  |
|    |    |      |           |       | XC, XE, XG, XH, XJ, CA, CB, CC, |
|    |    |      |           |       | and CD                          |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -Interest Rate must be VAR,     |
|    |    |      |           |       | CVAR, EVAR, FVAR10, FVAR7,      |
|    |    |      |           |       | FVAR8, FVAR9, FVARX, or 1%      |
|    |    |      |           |       | through 25%.                    |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -If the Loan Type is SF/SU, the |
|    |    |      |           |       | Interest Rate must be EVAR,     |
|    |    |      |           |       | FVAR0, FVAR7, FVAR8, FVAR9,     |
|    |    |      |           |       | FVARX, or 7% through 10% AND    |
|    |    |      |           |       | the SAC must be SA, SB, SC, SD, |
|    |    |      |           |       | SE, SG, SH, SJ, SK, XA, XB, XC, |
|    |    |      |           |       | XE, XG, XH XJ, CA, CB, or XK..  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -If the Loan Type is PL/SL, the |
|    |    |      |           |       | interest rate must be 9%, 12%,  |
|    |    |      |           |       | 14%, VAR, CVAR, or EVAR and the |
|    |    |      |           |       | SAC must NOT be SJ, SL, XL, XJ, |
|    |    |      |           |       | CA, CB, or CC.                  |
|    |    |      |           |       |                                 |
|    |    |      |           |       | -If the Loan Type is CL, the    |
|    |    |      |           |       | SAC must NOT be SH, SJ, XH, XJ  |
|    |    |      |           |       | and the Interest rate must be   |
|    |    |      |           |       | 1% through 25%.                 |
+----+----+------+-----------+-------+---------------------------------+

+----+----+------+----------+------+--------------------------------+---+
| #  |    |      |          |      |                                |   |
| ## |    |      |          |      |                                |   |
| ## |    |      |          |      |                                |   |
| ## |    |      |          |      |                                |   |
| #  |    |      |          |      |                                |   |
| La |    |      |          |      |                                |   |
| RS |    |      |          |      |                                |   |
|  R |    |      |          |      |                                |   |
| ep |    |      |          |      |                                |   |
| or |    |      |          |      |                                |   |
| t  |    |      |          |      |                                |   |
| De |    |      |          |      |                                |   |
| ta |    |      |          |      |                                |   |
| il |    |      |          |      |                                |   |
|  R |    |      |          |      |                                |   |
| ec |    |      |          |      |                                |   |
| or |    |      |          |      |                                |   |
| d  |    |      |          |      |                                |   |
| La |    |      |          |      |                                |   |
| yo |    |      |          |      |                                |   |
| ut |    |      |          |      |                                |   |
|  f |    |      |          |      |                                |   |
| or |    |      |          |      |                                |   |
|  L |    |      |          |      |                                |   |
| oa |    |      |          |      |                                |   |
| n  |    |      |          |      |                                |   |
| Ac |    |      |          |      |                                |   |
| ti |    |      |          |      |                                |   |
| vi |    |      |          |      |                                |   |
| ty |    |      |          |      |                                |   |
|  ( |    |      |          |      |                                |   |
| Pa |    |      |          |      |                                |   |
| rt |    |      |          |      |                                |   |
|  I |    |      |          |      |                                |   |
| V) |    |      |          |      |                                |   |
|  ( |    |      |          |      |                                |   |
| RE |    |      |          |      |                                |   |
| CO |    |      |          |      |                                |   |
| RD |    |      |          |      |                                |   |
| _4 |    |      |          |      |                                |   |
| )  |    |      |          |      |                                |   |
+====+====+======+==========+======+================================+===+
| ** |    | **   | **Data   | **   | **Additional Information**     |   |
| Po |    | Leng | E        | Edit |                                |   |
| si |    | th** | lement** | Numb |                                |   |
| ti |    |      |          | er** |                                |   |
| on |    |      |          |      |                                |   |
| ** |    |      |          |      |                                |   |
|    |    |      |          |      |                                |   |
| *  |    |      |          |      |                                |   |
| *S |    |      |          |      |                                |   |
| ta |    |      |          |      |                                |   |
| rt |    |      |          |      |                                |   |
| E  |    |      |          |      |                                |   |
| nd |    |      |          |      |                                |   |
| ** |    |      |          |      |                                |   |
+----+----+------+----------+------+--------------------------------+---+
| 1  | 6  | 6    | Lender   | 200  | Must be valid Lender ID in FSA |   |
|    |    |      | ID (LID) |      | LaRS.                          |   |
+----+----+------+----------+------+--------------------------------+---+
| 7  | 8  | 2    | Record   | 203  | Must be four (e.g. 04). This   |   |
|    |    |      | Type     |      | will be a constant.            |   |
+----+----+------+----------+------+--------------------------------+---+
| 9  | 10 | 2    | Loan     |      | **SF** = Stafford except       |   |
|    |    |      | Type     |      | unsubsidized Stafford          |   |
|    |    |      |          |      |                                |   |
|    |    |      |          |      | **PL** = Federal PLUS          |   |
|    |    |      |          |      |                                |   |
|    |    |      |          |      | **SL** = Federal SLS           |   |
|    |    |      |          |      |                                |   |
|    |    |      |          |      | **CL** = Federal Consolidation |   |
|    |    |      |          |      |                                |   |
|    |    |      |          |      | **SU** = Unsubsidized Stafford |   |
+----+----+------+----------+------+--------------------------------+---+
| 11 | va | Vari | B        | 053  | Must be entered Must be the    |   |
|    | ri | able | eginning |      | whole dollar amount. Must be   |   |
|    | ab |      | P        |      | positive or zero. Pass real    |   |
|    | le |      | rincipal |      | number amounts, e.g. 98100.    |   |
|    |    |      | Balance  |      |                                |   |
+----+----+------+----------+------+--------------------------------+---+
| Va | va | vari | Loan     | 130  | Must be entered UNLESS the     |   |
| ri | ri | able | P        |      | value in the 'Loan Type' field |   |
| ab | ab |      | rincipal | 901  | above is SL (Federal SLS Must  |   |
| le | le |      | D        |      | be entered Must be the whole   |   |
|    |    |      | isbursed | 919  | dollar amount. Must be         |   |
|    |    |      |          |      | positive or zero. Pass real    |   |
|    |    |      |          | 921  | number amounts, e.g. 98100. If |   |
|    |    |      |          |      | the 'Loan Type' field above is |   |
|    |    |      |          | 929, | SL, then enter 0 in this       |   |
|    |    |      |          | 930, | field.                         |   |
|    |    |      |          | 932, |                                |   |
|    |    |      |          | 933  | Loan Type SL must not be       |   |
|    |    |      |          |      | reported after Billing Period  |   |
|    |    |      |          |      | 94/2.                          |   |
|    |    |      |          |      |                                |   |
|    |    |      |          |      | For Loan Type SF, if you       |   |
|    |    |      |          |      | report loans disbursed, you    |   |
|    |    |      |          |      | should have reported a         |   |
|    |    |      |          |      | comparable amount in Part I    |   |
|    |    |      |          |      | with a Fee Code of FN.         |   |
|    |    |      |          |      |                                |   |
|    |    |      |          |      | For Loan Type PL, if you       |   |
|    |    |      |          |      | report loans disbursed, you    |   |
|    |    |      |          |      | should have reported a         |   |
|    |    |      |          |      | comparable amount in Part I    |   |
|    |    |      |          |      | with a Fee Code of FN.         |   |
|    |    |      |          |      |                                |   |
|    |    |      |          |      | For Loan Type SU, if you       |   |
|    |    |      |          |      | report loans disbursed, you    |   |
|    |    |      |          |      | should have reported a         |   |
|    |    |      |          |      | comparable amount in Part I    |   |
|    |    |      |          |      | with a Fee Code of FN.         |   |
|    |    |      |          |      |                                |   |
|    |    |      |          |      | For each Loan Type, if you     |   |
|    |    |      |          |      | report loans disbursed, you    |   |
|    |    |      |          |      | should have reported a         |   |
|    |    |      |          |      | comparable amount in Part I    |   |
|    |    |      |          |      | with a Fee Code of LN.         |   |
+----+----+------+----------+------+--------------------------------+---+
| va | va | Vari | Interest | 055  | Must be entered. Must be the   |   |
| ri | ri | able | Cap      |      | whole dollar amount. Must be   |   |
| ab | ab |      | italized |      | positive or zero. Pass real    |   |
| le | le |      | or Other |      | number amounts, e.g. 98100.    |   |
|    |    |      | P        |      |                                |   |
|    |    |      | rincipal |      |                                |   |
|    |    |      | I        |      |                                |   |
|    |    |      | ncreases |      |                                |   |
+----+----+------+----------+------+--------------------------------+---+
| Va | va | vari | P        | 056  | Must be entered. Must be the   |   |
| ri | ri | able | rincipal |      | whole dollar amount. Must be   |   |
| ab | ab |      | of Loans | 057  | positive or zero. Pass real    |   |
| le | le |      | P        |      | number amounts, e.g. 98100.    |   |
|    |    |      | urchased |      |                                |   |
|    |    |      |          |      | For each Loan Type, the value  |   |
|    |    |      |          |      | should be equal to or greater  |   |
|    |    |      |          |      | than the sum of all Part I     |   |
|    |    |      |          |      | line items coded FB in the Fee |   |
|    |    |      |          |      | Code column.                   |   |
+----+----+------+----------+------+--------------------------------+---+
| va | va | Vari | P        | 058  | Must be entered Must be the    |   |
| ri | ri | able | rincipal |      | whole dollar amount. Must be   |   |
| ab | ab |      | of Loans |      | positive or zero. Pass real    |   |
| le | le |      | Cured    |      | number amounts, e.g. 98100.    |   |
+----+----+------+----------+------+--------------------------------+---+
| Va | va | vari | P        | 059  | Must be entered Must be the    |   |
| ri | ri | able | rincipal |      | whole dollar amount. Must be   |   |
| ab | ab |      | of Loans | 060  | positive or zero. Pass real    |   |
| le | le |      | Sold     |      | number amounts, e.g. 98100.    |   |
|    |    |      |          |      |                                |   |
|    |    |      |          |      | For each column (Loan Type)    |   |
|    |    |      |          |      | must equal the sum of all Part |   |
|    |    |      |          |      | I line items coded FS in the   |   |
|    |    |      |          |      | Fee Code column.               |   |
+----+----+------+----------+------+--------------------------------+---+
| va | va | Vari | P        | 061  | Must be entered Must be the    |   |
| ri | ri | able | rincipal |      | whole dollar amount. Must be   |   |
| ab | ab |      | paid by  |      | positive or zero. Pass real    |   |
| le | le |      | I        |      | number amounts, e.g. 98100.    |   |
|    |    |      | nsurance |      |                                |   |
|    |    |      | Claims   |      |                                |   |
+----+----+------+----------+------+--------------------------------+---+
| Va | Va | vari | P        | 062  | Must be entered Must be the    |   |
| ri | ri | able | rincipal |      | whole dollar amount. Must be   |   |
| ab | ab |      | of Loans |      | positive or zero. Pass real    |   |
| le | le |      | on which |      | number amounts, e.g. 98100.    |   |
|    |    |      | the      |      |                                |   |
|    |    |      | Guaranty |      |                                |   |
|    |    |      | was      |      |                                |   |
|    |    |      | voided   |      |                                |   |
+----+----+------+----------+------+--------------------------------+---+
| va | va | Vari | P        | 063  | Must be entered Must be the    |   |
| ri | ri | able | rincipal |      | whole dollar amount. Must be   |   |
| ab | ab |      | of Loans |      | positive or zero. Pass real    |   |
| le | le |      | by       |      | number amounts, e.g. 98100.    |   |
|    |    |      | B        |      |                                |   |
|    |    |      | orrowers |      |                                |   |
|    |    |      | and      |      |                                |   |
|    |    |      | Other    |      |                                |   |
|    |    |      | P        |      |                                |   |
|    |    |      | rincipal |      |                                |   |
|    |    |      | Re       |      |                                |   |
|    |    |      | ductions |      |                                |   |
+----+----+------+----------+------+--------------------------------+---+

+----+----+------+----------+------+---------------------------------+
| #  |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| #  |    |      |          |      |                                 |
| La |    |      |          |      |                                 |
| RS |    |      |          |      |                                 |
|  R |    |      |          |      |                                 |
| ep |    |      |          |      |                                 |
| or |    |      |          |      |                                 |
| t  |    |      |          |      |                                 |
| De |    |      |          |      |                                 |
| ta |    |      |          |      |                                 |
| il |    |      |          |      |                                 |
|  R |    |      |          |      |                                 |
| ec |    |      |          |      |                                 |
| or |    |      |          |      |                                 |
| d  |    |      |          |      |                                 |
| La |    |      |          |      |                                 |
| yo |    |      |          |      |                                 |
| ut |    |      |          |      |                                 |
|  f |    |      |          |      |                                 |
| or |    |      |          |      |                                 |
|  L |    |      |          |      |                                 |
| oa |    |      |          |      |                                 |
| n  |    |      |          |      |                                 |
| Po |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
| fo |    |      |          |      |                                 |
| li |    |      |          |      |                                 |
| o  |    |      |          |      |                                 |
| St |    |      |          |      |                                 |
| at |    |      |          |      |                                 |
| us |    |      |          |      |                                 |
|  ( |    |      |          |      |                                 |
| PA |    |      |          |      |                                 |
| RT |    |      |          |      |                                 |
|  V |    |      |          |      |                                 |
| )  |    |      |          |      |                                 |
| (R |    |      |          |      |                                 |
| EC |    |      |          |      |                                 |
| OR |    |      |          |      |                                 |
| D_ |    |      |          |      |                                 |
| 5) |    |      |          |      |                                 |
+====+====+======+==========+======+=================================+
| ** |    | **   | **Data   | **   | **Additional Information**      |
| Po |    | Leng | E        | Edit |                                 |
| si |    | th** | lement** | Numb |                                 |
| ti |    |      |          | er** |                                 |
| on |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
|    |    |      |          |      |                                 |
| *  |    |      |          |      |                                 |
| *S |    |      |          |      |                                 |
| ta |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
| E  |    |      |          |      |                                 |
| nd |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
+----+----+------+----------+------+---------------------------------+
| 1  | 6  | 6    | Lender   | 200  | Must be valid Lender ID in FSA  |
|    |    |      | ID (LID) |      | LaRS.                           |
+----+----+------+----------+------+---------------------------------+
| 7  | 8  | 2    | Record   | 203  | Must be five (e.g. 05). This    |
|    |    |      | Type     |      | will be a constant              |
+----+----+------+----------+------+---------------------------------+
| 9  | 10 | 2    | Loan     | 082  | **SF** = Stafford except        |
|    |    |      | Type     |      | unsubsidized Stafford           |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **PL** = Federal PLUS           |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **SL** = Federal SLS            |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **CL** = Federal Consolidation  |
|    |    |      |          |      |                                 |
|    |    |      |          |      | **SU** = Unsubsidized Stafford  |
|    |    |      |          |      |                                 |
|    |    |      |          |      | There must be a reporting for   |
|    |    |      |          |      | Loan Type CL if Loan Type CL    |
|    |    |      |          |      | was reported in Part II with a  |
|    |    |      |          |      | Billing Code BC.                |
|    |    |      |          |      |                                 |
|    |    |      |          |      | Part V - The totals of lines 1  |
|    |    |      |          |      | and 2, column D should be equal |
|    |    |      |          |      | to or more than the total       |
|    |    |      |          |      | amounts reported in Part II,    |
|    |    |      |          |      | column D for CL loans with      |
|    |    |      |          |      | billing codes BC                |
+----+----+------+----------+------+---------------------------------+
| 11 | Va | vari | Loans in | 066  | Must be entered UNLESS the      |
|    | ri | able | School   |      | value in the 'Loan Type' field  |
|    | ab |      | and      |      | above is PL (Federal PLUS) or   |
|    | le |      | Grace    |      | SL (Federal SLS) or CL (Federal |
|    |    |      |          |      | Consolidation). Must be the     |
|    |    |      |          |      | whole dollar amount. Must be    |
|    |    |      |          |      | positive or zero. Pass real     |
|    |    |      |          |      | number amounts, e.g. 98100. If  |
|    |    |      |          |      | the 'Loan Type' field above is  |
|    |    |      |          |      | PL, SL, or CL, then enter 0 in  |
|    |    |      |          |      | this field.                     |
+----+----+------+----------+------+---------------------------------+
| va | va | Vari | Loans in | 067  | Must be entered Must be the     |
| ri | ri | able | Au       |      | whole dollar amount. Must be    |
| ab | ab |      | thorized |      | positive or zero. Pass real     |
| le | le |      | D        |      | number amounts, e.g. 98100.     |
|    |    |      | eferment |      |                                 |
+----+----+------+----------+------+---------------------------------+
| Va | va | vari | Loans in | 068  | Must be entered Must be the     |
| ri | ri | able | R        |      | whole dollar amount. Must be    |
| ab | ab |      | epayment |      | positive or zero. Pass real     |
| le | le |      | or       |      | number amounts, e.g. 98100.     |
|    |    |      | Forb     |      |                                 |
|    |    |      | earance: |      |                                 |
|    |    |      | Current  |      |                                 |
|    |    |      | or less  |      |                                 |
|    |    |      | than 31  |      |                                 |
|    |    |      | days     |      |                                 |
|    |    |      | past due |      |                                 |
+----+----+------+----------+------+---------------------------------+
| va | va | Vari | Loans in | 069  | Must be entered Must be the     |
| ri | ri | able | R        |      | whole dollar amount. Must be    |
| ab | ab |      | epayment |      | positive or zero. Pass real     |
| le | le |      | or       |      | number amounts, e.g. 98100.     |
|    |    |      | Forb     |      |                                 |
|    |    |      | earance: |      |                                 |
|    |    |      | 31 -- 60 |      |                                 |
|    |    |      | days     |      |                                 |
|    |    |      | past due |      |                                 |
+----+----+------+----------+------+---------------------------------+
| Va | va | vari | Loans in | 070  | Must be entered Must be the     |
| ri | ri | able | R        |      | whole dollar amount. Must be    |
| ab | ab |      | epayment |      | positive or zero. Pass real     |
| le | le |      | or       |      | number amounts, e.g. 98100.     |
|    |    |      | Forb     |      |                                 |
|    |    |      | earance: |      |                                 |
|    |    |      | 61 -- 90 |      |                                 |
|    |    |      | days     |      |                                 |
|    |    |      | past due |      |                                 |
+----+----+------+----------+------+---------------------------------+
| va | va | Vari | Loans in | 071  | Must be entered Must be the     |
| ri | ri | able | R        |      | whole dollar amount. Must be    |
| ab | ab |      | epayment |      | positive or zero. Pass real     |
| le | le |      | or       |      | number amounts, e.g. 98100.     |
|    |    |      | Forb     |      |                                 |
|    |    |      | earance: |      |                                 |
|    |    |      | 91 --    |      |                                 |
|    |    |      | 120 days |      |                                 |
|    |    |      | past due |      |                                 |
+----+----+------+----------+------+---------------------------------+
| Va | Va | Vari | Loans in | 072  | Must be entered Must be the     |
| ri | ri | able | R        |      | whole dollar amount. Must be    |
| ab | ab |      | epayment |      | positive or zero. Pass real     |
| le | le |      | or       |      | number amounts, e.g. 98100.     |
|    |    |      | Forb     |      |                                 |
|    |    |      | earance: |      |                                 |
|    |    |      | 121 --   |      |                                 |
|    |    |      | 180 days |      |                                 |
|    |    |      | past due |      |                                 |
+----+----+------+----------+------+---------------------------------+
| va | va | Vari | Loans in | 073  | Must be entered Must be the     |
| ri | ri | able | R        |      | whole dollar amount. Must be    |
| ab | ab |      | epayment |      | positive or zero. Pass real     |
| le | le |      | or       |      | number amounts, e.g. 98100.     |
|    |    |      | Forb     |      |                                 |
|    |    |      | earance: |      |                                 |
|    |    |      | 181 --   |      |                                 |
|    |    |      | 270 days |      |                                 |
|    |    |      | past due |      |                                 |
+----+----+------+----------+------+---------------------------------+
| Va | va | Vari | Loans in | 074  | Must be entered Must be the     |
| ri | ri | able | R        |      | whole dollar amount. Must be    |
| ab | ab |      | epayment |      | positive or zero. Pass real     |
| le | le |      | or       |      | number amounts, e.g. 98100.     |
|    |    |      | Forb     |      |                                 |
|    |    |      | earance: |      |                                 |
|    |    |      | 271 days |      |                                 |
|    |    |      | or more  |      |                                 |
|    |    |      | past due |      |                                 |
+----+----+------+----------+------+---------------------------------+
| va | va | Vari | Claims   | 079  | Must be entered Must be the     |
| ri | ri | able | filed,   |      | whole dollar amount. Must be    |
| ab | ab |      | not yet  |      | positive or zero. Pass real     |
| le | le |      | paid     |      | number amounts, e.g. 98100.     |
+----+----+------+----------+------+---------------------------------+

+----+----+------+----------+------+---------------------------------+
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
| ## |    |      |          |      |                                 |
|  L |    |      |          |      |                                 |
| aR |    |      |          |      |                                 |
| S  |    |      |          |      |                                 |
| Re |    |      |          |      |                                 |
| po |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
|  T |    |      |          |      |                                 |
| ra |    |      |          |      |                                 |
| il |    |      |          |      |                                 |
| er |    |      |          |      |                                 |
|  R |    |      |          |      |                                 |
| ec |    |      |          |      |                                 |
| or |    |      |          |      |                                 |
| d  |    |      |          |      |                                 |
| La |    |      |          |      |                                 |
| yo |    |      |          |      |                                 |
| ut |    |      |          |      |                                 |
|  ( |    |      |          |      |                                 |
| TR |    |      |          |      |                                 |
| AI |    |      |          |      |                                 |
| LE |    |      |          |      |                                 |
| R) |    |      |          |      |                                 |
+====+====+======+==========+======+=================================+
| ** |    | **   | **Data   | **   | **Additional Information**      |
| Po |    | Leng | E        | Edit |                                 |
| si |    | th** | lement** | Numb |                                 |
| ti |    |      |          | er** |                                 |
| on |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
|    |    |      |          |      |                                 |
| *  |    |      |          |      |                                 |
| *S |    |      |          |      |                                 |
| ta |    |      |          |      |                                 |
| rt |    |      |          |      |                                 |
| E  |    |      |          |      |                                 |
| nd |    |      |          |      |                                 |
| ** |    |      |          |      |                                 |
+----+----+------+----------+------+---------------------------------+
| 1  | 6  | 6    | Sender   |      | Should be Lender ID if the      |
|    |    |      | ID       |      | sender is a Lender, or Servicer |
|    |    |      |          |      | ID if the sender is a servicer. |
|    |    |      |          |      | Must be a valid ID in FSA LaRS. |
+----+----+------+----------+------+---------------------------------+
| 7  | 7  | 1    | Servicer |      | Y = Yes, N = No                 |
+----+----+------+----------+------+---------------------------------+
| 8  | Va | Vari | Total    |      | This number should be the total |
|    | ri | able | Number   |      | number of records in the file   |
|    | ab |      | of       |      | including the header and        |
|    | le |      | records  |      | trailer records.                |
|    |    |      | in the   |      |                                 |
|    |    |      | file.    |      | Pass in real numbers, e.g.      |
|    |    |      |          |      | 14555                           |
+----+----+------+----------+------+---------------------------------+

**Note:**

If 'N' is the value for the 'Activity' field in the LaRS Report Detail
Record Header Layout (RECORD_0), then 'N' should be the values for the
other three 'activity' fields, i.e. 'Origination or
Activity/Adjustments', 'Interest Activity or Adjustment', and 'Special
Allowance or Adjustment'.

# 3.0 Sample File Layout

###### Sample 1: File Layout for Servicer with 3 invoices

###### HEADER

700057\|Y\|3\|

**[RECORD_0]{.underline}**

800001\|00\|2001\|4\|Y\|Y\|Y\|Y\|

**[RECORD_1]{.underline}**

800001\|01\|SF\|LN\|.005\|EVAR\|9000\|

800001\|01\|SF\|FN\|.03\|EVAR\|9000\|

800001\|01\|SU\|LN\|.005\|EVAR\|1313\|

800001\|01\|SU\|FN\|.03\|EVAR\|1313\|

**[RECORD_2]{.underline}**

800001\|02\|SF\|.0539\|BC\|50538\|50523\|0\|

**[RECORD_3]{.underline}**

800001\|03\|BC\|2001\|4\|SF\|CA\|EVAR\|40038\|37011\|0\|

800001\|03\|BC\|2001\|4\|SU\|CA\|EVAR\|21493\|21122\|0\|

800001\|03\|BC\|2001\|4\|SF\|CB\|EVAR\|7256\|5764\|0\|

800001\|03\|BC\|2001\|4\|SU\|CB\|EVAR\|2490\|2844\|0\|

800001\|03\|BC\|2001\|4\|PL\|SH\|EVAR\|5116\|5214\|0\|

800001\|03\|BC\|2001\|4\|SF\|SJ\|EVAR\|10500\|12364\|0\|

800001\|03\|BC\|2001\|4\|SU\|SJ\|EVAR\|8125\|8125\|0\|

800001\|03\|BC\|2001\|4\|SF\|SK\|EVAR\|4500\|2636\|0\|

800001\|03\|BC\|2001\|4\|SU\|SK\|EVAR\|5869\|5973\|0\|

**[RECORD_4]{.underline}**

800001\|04\|SF\|55417\|9000\|0\|0\|0\|0\|0\|0\|2123\|

800001\|04\|PL\|5386\|0\|0\|0\|0\|0\|0\|0\|270\|

800001\|04\|SL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|04\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|04\|SU\|38612\|1313\|0\|0\|0\|0\|0\|0\|1948\|

**[RECORD_5]{.underline}**

800001\|05\|SF\|45009\|5529\|756\|1000\|0\|0\|0\|0\|0\|0\|

800001\|05\|PL\|0\|0\|5116\|0\|0\|0\|0\|0\|0\|0\|

800001\|05\|SL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|05\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|05\|SU\|29618\|0\|5869\|0\|0\|0\|2490\|0\|0\|0\|

**[Invoice #2]{.underline}**

**[RECORD_0]{.underline}**

800061\|00\|2001\|4\|Y\|N\|Y\|Y\|

**[RECORD_1]{.underline}**

800061\|01\|SF\|LN\|.005\|EVAR\|9000\|

**[RECORD_2]{.underline}**

800061\|02\|SF\|.0539\|BC\|2065\|2063\|0\|

**[RECORD_3]{.underline}**

800061\|03\|BC\|2001\|4\|SF\|CA\|EVAR\|2065\|2065\|0\|

800061\|03\|BC\|2001\|4\|SU\|CA\|EVAR\|920\|920\|0\|

**[RECORD_4]{.underline}**

800061\|04\|SF\|2065\|0\|0\|0\|0\|0\|0\|0\|0\|

800061\|04\|PL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800061\|04\|SL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800061\|04\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800061\|04\|SU\|920\|0\|0\|0\|0\|0\|0\|0\|0\|

**[RECORD_5]{.underline}**

800061\|05\|SF\|2065\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800061\|05\|PL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800061\|05\|SL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800061\|05\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800061\|05\|SU\|920\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

**[Invoice #3]{.underline}**

**[RECORD_0]{.underline}**

800288\|00\|2001\|4\|Y\|Y\|Y\|Y\|

**[RECORD_1]{.underline}**

800288\|01\|SF\|LN\|.005\|EVAR\|3667\|

800288\|01\|SF\|FN\|.03\|EVAR\|3667\|

800288\|01\|PL\|LN\|.005\|EVAR\|7870\|

800288\|01\|PL\|FN\|.03\|EVAR\|7870\|

**[RECORD_2]{.underline}**

800288\|02\|SF\|.0539\|BC\|14417\|12150\|0\|

800288\|02\|SF\|.0619\|BC\|2524\|2525\|0\|

**[RECORD_3]{.underline}**

800288\|03\|BC\|2001\|4\|SF\|CA\|EVAR\|9167\|6955\|0\|

800288\|03\|BC\|2001\|4\|PL\|CD\|EVAR\|16917\|11568\|0\|

800288\|03\|BC\|2001\|4\|SF\|SH\|EVAR\|2524\|2524\|0\|

800288\|03\|BC\|2001\|4\|PL\|SH\|EVAR\|12546\|12657\|0\|

800288\|03\|BC\|2001\|4\|SF\|SJ\|EVAR\|5250\|5250\|0\|

800288\|03\|BC\|2001\|4\|SF\|SK\|EVAR\|690\|701\|0\|

800288\|03\|BC\|2001\|4\|SU\|SK\|EVAR\|2463\|2505\|0\|

**[RECORD_4]{.underline}**

800288\|04\|SF\|13985\|3667\|0\|0\|0\|0\|0\|0\|22\|

800288\|04\|PL\|22085\|7870\|0\|0\|0\|0\|0\|0\|490\|

800288\|04\|SL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800288\|04\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800288\|04\|SU\|2541\|0\|0\|0\|0\|0\|0\|0\|77\|

**[RECORD_5]{.underline}**

800288\|05\|SF\|16941\|0\|690\|0\|0\|0\|0\|0\|0\|0\|

800288\|05\|PL\|0\|0\|29464\|0\|0\|0\|0\|0\|0\|0\|

800288\|05\|SL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800288\|05\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800288\|05\|SU\|0\|0\|2463\|0\|0\|0\|0\|0\|0\|0\|

**[TRAILER]{.underline}**

700057\|Y\|64\|

###### Sample 2: File Layout for Lender with 1 invoice

###### HEADER

800001\|N\|1\|

###### RECORD_0

800001\|00\|2001\|4\|Y\|Y\|Y\|Y\|

###### 

###### RECORD_1

800001\|01\|PL\|LN\|.005\|EVAR\|3685\|

800001\|01\|PL\|FN\|.03\|EVAR\|3685\|

800001\|01\|SU\|LD\|.005\|EVAR\|3469\|

800001\|01\|SU\|LI\|.005\|EVAR\|208\|

800001\|01\|SU\|LN\|.005\|EVAR\|6625\|

800001\|01\|SU\|FD\|.03\|EVAR\|3469\|

800001\|01\|SU\|FI\|.03\|EVAR\|208\|

800001\|01\|SU\|FN\|.03\|EVAR\|6625\|

###### RECORD_2

800001\|02\|SF\|.0539\|BC\|2555\|2555\|0\|

###### RECORD_3

800001\|03\|BD\|2001\|3\|SU\|CA\|EVAR\|0\|0\|1121\|

800001\|03\|BC\|2001\|4\|SF\|CA\|EVAR\|2555\|2555\|0\|

800001\|03\|BC\|2001\|4\|SU\|CA\|EVAR\|9024\|7651\|0\|

800001\|03\|BC\|2001\|4\|PL\|CD\|EVAR\|25942\|23098\|0\|

###### RECORD_4

800001\|04\|SF\|2555\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|04\|PL\|22257\|3685\|0\|0\|0\|0\|0\|0\|0\|

800001\|04\|SL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|04\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|04\|SU\|5855\|6625\|0\|0\|0\|0\|0\|0\|3456\|

###### RECORD_5

800001\|05\|SF\|2555\|0\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|05\|PL\|0\|0\|25942\|0\|0\|0\|0\|0\|0\|0\|

800001\|05\|SL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|05\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

800001\|05\|SU\|9024\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

###### TRAILER

800001\|N\|26\|

###### Sample 3: File Layout for Servicer with 1 invoice (BI and BD) 

700057\|Y\|1\|

888888\|01\|SF\|LI\|5\|EVAR\|3575\|

888888\|01\|SF\|LN\|.005\|EVAR\|4266\|

888888\|01\|SF\|FI\|.03\|EVAR\|3575\|

888888\|01\|SF\|FN\|.03\|EVAR\|4266\|

888888\|01\|PL\|LN\|.005\|EVAR\|9649\|

888888\|01\|PL\|FN\|.03\|EVAR\|9649\|

888888\|01\|SU\|LI\|.005\|EVAR\|2488\|

888888\|01\|SU\|LN\|.005\|EVAR\|2078\|

888888\|01\|SU\|FI\|.03\|EVAR\|2488\|

888888\|01\|SU\|FN\|.03\|EVAR\|2078\|

888888\|02\|SF\|0\|BI\|0\|0\|14.38\|

888888\|02\|SF\|.539\|BC\|40078\|40981\|0\|

888888\|02\|SF\|.619\|BC\|24288\|24607\|0\|

888888\|02\|SF\|.679\|BC\|19186\|19233\|0\|

888888\|03\|BD\|2001\|2\|SF\|CA\|EVAR\|0\|0\|1221\|

888888\|03\|BD\|2001\|2\|SU\|CA\|EVAR\|0\|0\|2284\|

888888\|03\|BI\|2001\|2\|SF\|CB\|EVAR\|0\|0\|1221\|

888888\|03\|BI\|2001\|2\|SU\|CB\|EVAR\|0\|0\|2284\|

888888\|03\|BI\|2001\|2\|SU\|SG\|EVAR\|0\|0\|1673\|

888888\|03\|BD\|2001\|2\|SU\|SH\|EVAR\|0\|0\|1673\|

888888\|03\|BD\|2001\|2\|SF\|SJ\|EVAR\|0\|0\|367\|

888888\|03\|BD\|2001\|2\|SU\|SJ\|EVAR\|0\|0\|5369\|

888888\|03\|BI\|2001\|2\|SF\|SK\|EVAR\|0\|0\|367\|

888888\|03\|BI\|2001\|2\|SU\|SK\|EVAR\|0\|0\|5369\|

888888\|03\|BD\|2001\|3\|SF\|CA\|EVAR\|0\|0\|860\|

888888\|03\|BD\|2001\|3\|SU\|CA\|EVAR\|0\|0\|2916\|

888888\|03\|BI\|2001\|3\|SF\|CB\|EVAR\|0\|0\|1916\|

888888\|03\|BI\|2001\|3\|SU\|CB\|EVAR\|0\|0\|3584\|

888888\|03\|BI\|2001\|3\|SF\|SE\|EVAR\|0\|0\|19\|

888888\|03\|BI\|2001\|3\|SU\|SG\|EVAR\|0\|0\|2136\|

888888\|03\|BD\|2001\|3\|SU\|SH\|EVAR\|0\|0\|2159\|

888888\|03\|BD\|2001\|3\|SF\|SJ\|EVAR\|0\|0\|576\|

888888\|03\|BD\|2001\|3\|SU\|SJ\|EVAR\|0\|0\|8424\|

888888\|03\|BI\|2001\|3\|SF\|SK\|EVAR\|0\|0\|576\|

888888\|03\|BI\|2001\|3\|SU\|SK\|EVAR\|0\|0\|8424\|

888888\|04\|SF\|288275\|7841\|291\|0\|0\|0\|5270\|0\|19295\|

888888\|04\|PL\|114654\|9649\|0\|0\|0\|0\|0\|0\|4334\|

888888\|04\|SL\|5323\|0\|0\|0\|0\|0\|0\|0\|135\|

888888\|04\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

888888\|04\|SU\|191982\|4566\|2634\|0\|0\|0\|2381\|0\|2291\|

888888\|05\|SF\|65594\|17959\|158878\|10706\|503\|0\|18203\|0\|0\|0\|

888888\|05\|PL\|0\|0\|89774\|9403\|5248\|0\|15540\|0\|0\|0\|

888888\|05\|SL\|0\|4160\|1031\|0\|0\|0\|0\|0\|0\|0\|

888888\|05\|CL\|0\|0\|0\|0\|0\|0\|0\|0\|0\|0\|

888888\|05\|SU\|58197\|11457\|85891\|14215\|12117\|0\|3612\|9022\|0\|0\|

700057\|Y\|47\|