LaRS File Transfer Process and Record Layout

Table Of Contents
1.0 LARS DATA FILE LOAD......................................................................................................................2 1.1 DESCRIPTION..............................................................................................................................................2 1.2 PROCESS OVERVIEW....................................................................................................................................2 1.3 REJECTION / RE-SUBMISSION........................................................................................................................3 1.4 FILE LEVEL ERROR CHECKS.........................................................................................................................4 1.5 INVOICE LEVEL ERROR CHECKS....................................................................................................................4 1.6 FILE EXTENSION........................................................................................................................................4 2.0 LARS FILE LAYOUT.............................................................................................................................5 2.1 CONTACT INFORMATION................................................................................................................................5 2.2 FILE NAMING CONVENTION..........................................................................................................................5 2.3 LARS DATA FILE LAYOUT...........................................................................................................................5 3.0 SAMPLE FILE LAYOUT.....................................................................................................................23

1

LaRS File Transfer Process and Record Layout

1.0LaRS 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:

2

LaRS File Transfer Process and Record Layout

No

Email Notification Sent to Lender/Servicer Point of Contact

Lender/ Servicer System

Log into SAIG and submit file to FMS mailbox.

File Transer

Lender Invoice data

Import and Validate Invoice Data Valid Data?

Email Notification Sent to Lender/Servicer Point of Contact

Yes
LARS Extension Application

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. 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.

3

LaRS File Transfer Process and Record Layout

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.

4

LaRS File Transfer Process and Record Layout

2.0LaRS 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. 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.
LaRS Report Header Record Layout (HEADER) Position Start End
1 6

Length
6

Data Element
Sender ID

Edit Number
200

Additional Information
Should be Lender ID if the sender is a Lender, or Servicer ID if the sender is a servicer. Must be a valid ID in FSA LaRS. Y = Yes, N = No

7

7

1

Servicer

201

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LaRS File Transfer Process and Record Layout

LaRS Report Header Record Layout (HEADER) Position Start End
8 Varia ble

Length
Variable

Data Element
Total Number of Invoices in the file

Edit Number
202

Additional Information
It should be 1 if the sender is a Lender, otherwise it could be more than 1. Always pass in real, whole numbers. If there are 220 invoices in the file, then pass 220. This number should be the number of LaRS Report Detail Record Header Layout (RECORD_0) records that are contained in the file.

LaRS Report Detail Record Header Layout (RECORD_0) Position Start End
1 7 9 13 6 8 12 13

Length
6 2 4 1

Data Element
Lender ID (LID) Record Type Year Quarter

Edit Number
200 203 204 205

Additional Information
Must be valid Lender ID in FSA LaRS. Must be zeroes (e.g. 00). This will be a constant. Year of the LaRS Report in YYYY format Quarter of LaRS Report 1 = 1st quarter, March 31 2 = 2nd quarter, June 30 3 = 3rd quarter, September 30 4 = 4th quarter, December 31 Y = Yes, N = No Y = Yes, N = No

14 15

14 15

1 1

Activity Origination or Activity/Adjustm ents Interest Activity or Adjustment Special Allowance or Adjustment

201 201

16 17

16 17

1 1

201 201

Y = Yes, N = No Y = Yes, N = No

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LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Loan Origination (Part I) (RECORD_1) Position Start End
1 7 6 8

Length
6 2

Data Element
Lender ID (LID) Record Type

Edit Number
200 203 017

Additional Information
Must be valid Lender ID in FSA LaRS. Must be one (e.g. 01). This will be a constant. There can be only one occurrence for each unique combination of Loan Type, Fee Code, Fee Percent and Loan Interest Rate. SF = Stafford except unsubsidized Stafford PL = Federal PLUS SL = Federal SLS CL = Federal Consolidation SU = Unsubsidized Stafford Origination fees for current quarter: 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

9

10

2

Loan Type

109

11

12

2

Fee Code

010

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7

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Loan Origination (Part I) (RECORD_1) Position Start End Length Data Element Edit Number Additional Information
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. 123 13 Varia ble Variable Fee Percent 009 011 047 Fee code FB, FD, FI, FN, or FS is invalid with loan type CL. Valid values are .005, .03, .05, .055, and .065. Fee Percent for Fee Code FN must be .03 for the billing period indicated on the lender profile If the Loan Type is SF, PL, SU the Fee Percent must be valid for Fee Code, FN. For Fee Code FN, Fee Percent .xxx is invalid 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. EVAR – For variable Federal Stafford and Unsubsidized Stafford, PLUS and SLS loans made on or after October 1, 1992, and Consolidation loans made during the “Emergency Consolidation Loan Act”. CVAR – For Federal PLUS and SLS loans made in

110

111

112

118

Varia ble

Varia ble

Variable

Loan Interest Rate

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LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Loan Origination (Part I) (RECORD_1) Position Start End Length Data Element Edit Number Additional Information
1986-7 where the interest rate changes each January 1 FVAR7 - 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. 012 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. Must be the whole dollar amount. Must be a positive number or zero. For loan type SF, SU, PL, total FN/FS principal amount of loans 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

012A 120

125

125B

Varia ble

Varia ble

Variable

Principal Amount of Loan

013 137

016

Final

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LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Loan Origination (Part I) (RECORD_1) Position Start End Length Data Element Edit Number
field. 016A Interest Rate 8/10 is valid only for Fee Codes FI, FD, LI or LD. Pass real number amounts, e.g. 98143.

Additional Information

LaRS Report Detail Record Layout for Interest Benefits (PART II) (RECORD_2) Position Start End
1 7 9 11 6 8 10 Varia ble

Length
6 2 2 Variable

Data Element
Lender ID (LID) Record Type Loan Type Interest Rate

Edit Number
200 203 113 004

Additional Information
Must be valid Lender ID in FSA LaRS. Must be two (e.g. 02). This will be a constant SF = Stafford except unsubsidized Stafford CL = Federal Consolidation In the file layout these numbers will be represented as real values with decimals: A value of .01725 will be 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%. BC – Interest due to you for the current quarter BI – Adjustment, resulting 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.

018 125 Varia ble Varia ble Variable Billing Code 019

027

099

Final

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10

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Interest Benefits (PART II) (RECORD_2) Position Start End
Varia ble Varia ble

Length
Variable

Data Element
Ending Principal Balance

Edit Number

Additional Information
Ending Principal Balance must be entered UNLESS the Billing Code is BI or BD.

020 Varia ble variab le variable Average Daily Principal Balance 024

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 Average Daily Principal Balance must be entered UNLESS the Billing Code is BI or BD. 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 Interest Amount must be entered UNLESS the Billing Code is BC. If the Billing Code is BI or BD, enter the exact dollar amount to the penny. Pass real number amounts, e.g. 98143.22.

903

021 variab le variab le variable Interest Amount 022

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11

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Special Allowance (PART III) (RECORD_3) Position Start End
1 7 6 8

Length
6 2

Data Element
Lender ID (LID) Record Type

Edit Number
200 203 043

Additional Information
Must be valid Lender ID in FSA LaRS. Must be three (e.g. 03). This will be a constant There can be only one record for each unique combination of Year, Quarter, Special Allowance Category, Loan Type, Interest Rate and Billing Code. BC – Special allowance due to you for the current quarter. BI – Adjustment, resulting in a net increase in the special allowance due to you from previous quarters’ 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. Must be 4-digit number, e.g. 2001. Valid values are 1,2,3,4: 1 = 1st quarter, March 31 2 = 2nd quarter, June 30 3 = 3rd quarter, September 30 4 = 4th quarter, December 31 SF = Stafford except unsubsidized Stafford PL = Federal PLUS SL = Federal SLS CL = Federal Consolidation SU = Unsubsidized Stafford SA, SB, SC, SD, SE, SG, SH, SJ, SK, SL, XA, XB, XC, XE, XG, XH, XJ, XK, XL Codes for CA, CB, CC, and CD are valid for 2000/1 and later. Codes SH/XH are valid for bill periods 95/3 and later; SJ/XJ are valid for bill periods 98/3 and later. SK/XK and SL/XL are valid for 98/4 and later.

9

10

2

Billing Code

033, 034 035

045

036 11 15 14 15 4 1 Year Quarter 028 029

16

17

2

Loan Type

031

18

19

2

Special Allowance Category

030

049

Certain Loan Types are not valid for specific SACs. -For Loan Types CL/ SL, SAC SH, XH is NOT valid.

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12

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Special Allowance (PART III) (RECORD_3) Position Start End Length Data Element Edit Number Additional Information
-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. 081 090 091 092 093 094 095 096 20 Varia ble variable Interest Rate 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. EVAR – For variable Federal Stafford and Unsubsidized Stafford, PLUS and SLS loans made on or after October 1, 1992, and Consolidation loans made during the “Emergency Consolidation Loan Act”. CVAR – For Federal PLUS and SLS loans made in 1986-7 where the interest rate changes each January 1 FVAR7 - 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

Final

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13

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Special Allowance (PART III) (RECORD_3) Position Start End Length Data Element Edit Number Additional Information
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. 032 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

044

051

122

125 125B

046

Final

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14

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Special Allowance (PART III) (RECORD_3) Position Start End Length Data Element Edit Number
Year/Quarter. 048 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.

Additional Information

050

051

124 134

135

136

Final

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15

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Special Allowance (PART III) (RECORD_3) Position Start End
Varia ble Varia ble

Length
variable

Data Element
Ending Principal Balance

Edit Number
037

Additional Information
Ending Principal Balance must be entered UNLESS the Billing Code is BI or BD. 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. Average Daily Principal Balance must be entered UNLESS the Billing Code is BI or BD. 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 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

922

Varia ble

Varia ble

variable

Average Daily Principal Balance

038

910, 911, 912, 913, 923

915

Final

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16

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Special Allowance (PART III) (RECORD_3) Position Start End Length Data Element Edit Number Additional Information
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. 040, 042 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%.

Final

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17

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Special Allowance (PART III) (RECORD_3) Position Start End
Varia ble Varia ble

Length
Variable

Data Element
Adjustments

Edit Number
039

Additional Information
Adjustments must be entered UNLESS the Billing Code is BC. Must be the whole dollar 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%.

041

LaRS Report Detail Record Layout for Loan Activity (Part IV) (RECORD_4) Position Start End
1 7 9 6 8 10

Length
6 2 2

Data Element
Lender ID (LID) Record Type Loan Type

Edit Number
200 203

Additional Information
Must be valid Lender ID in FSA LaRS. Must be four (e.g. 04). This will be a constant. SF = Stafford except unsubsidized Stafford PL = Federal PLUS SL = Federal SLS CL = Federal Consolidation SU = Unsubsidized Stafford

Final

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18

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Loan Activity (Part IV) (RECORD_4) Position Start End
11 Varia ble variab le variab le

Length
Variable variable

Data Element
Beginning Principal Balance Loan Principal Disbursed

Edit Number
053

Additional Information
Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100. Must be entered UNLESS the value in the ‘Loan Type’ field above is SL (Federal SLS Must be entered 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 SL, then enter 0 in this field. 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. Must be entered. Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100. Must be entered. Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100. 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. Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

130 901

919

921

929, 930, 932, 933 variab le Varia ble variab le variab le Variable Interest Capitalized or Other Principal Increases Principal of Loans Purchased 055

variable

056

057 variab le variab le Variable Principal of Loans Cured

058

Final

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19

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Loan Activity (Part IV) (RECORD_4) Position Start End
Varia ble variab le

Length
variable

Data Element
Principal of Loans Sold

Edit Number
059

Additional Information
Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real 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. Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100. Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100. Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

060 variab le Varia ble variab le variab le Varia ble variab le Variable Principal paid by Insurance Claims Principal of Loans on which the Guaranty was voided Principal of Loans by Borrowers and Other Principal Reductions 061

variable

062

Variable

063

LaRS Report Detail Record Layout for Loan Portfolio Status (PART V) (RECORD_5) Position Start End
1 7 9 6 8 10

Length
6 2 2

Data Element
Lender ID (LID) Record Type Loan Type

Edit Number
200 203

Additional Information
Must be valid Lender ID in FSA LaRS. Must be five (e.g. 05). This will be a constant SF = Stafford except 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

082

Final

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20

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Loan Portfolio Status (PART V) (RECORD_5) Position Start End
11 Varia ble

Length
variable

Data Element
Loans in School and Grace

Edit Number
066

Additional Information
Must be entered UNLESS the value in the ‘Loan Type’ field above is PL (Federal PLUS) or 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. Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100. Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

variab le Varia ble

variab le variab le

Variable

Loans in Authorized Deferment Loans in Repayment or Forbearance: Current or less than 31 days past due Loans in Repayment or Forbearance: 31 – 60 days past due Loans in Repayment or Forbearance: 61 – 90 days past due Loans in Repayment or Forbearance: 91 – 120 days past due Loans in Repayment or Forbearance: 121 – 180 days past due Loans in Repayment or Forbearance: 181 – 270 days past due

067

variable

068

variab le

variab le

Variable

069

Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

Varia ble

variab le

variable

070

Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

variab le

variab le

Variable

071

Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

Varia ble

Varia ble

Variable

072

Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

variab le

variab le

Variable

073

Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

Final

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21

LaRS File Transfer Process and Record Layout

LaRS Report Detail Record Layout for Loan Portfolio Status (PART V) (RECORD_5) Position Start End
Varia ble variab le

Length
Variable

Data Element
Loans in Repayment or Forbearance: 271 days or more past due Claims filed, not yet paid

Edit Number
074

Additional Information
Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

variab le

variab le

Variable

079

Must be entered Must be the whole dollar amount. Must be positive or zero. Pass real number amounts, e.g. 98100.

LaRS Report Trailer Record Layout (TRAILER) Position Start End
1 6

Length
6

Data Element
Sender ID

Edit Number

Additional Information
Should be Lender ID if the sender is a Lender, or Servicer ID if the sender is a servicer. Must be a valid ID in FSA LaRS. Y = Yes, N = No This number should be the total number of records in the file including the header and trailer records. Pass in real numbers, e.g. 14555

7 8

7 Varia ble

1 Variable

Servicer Total Number of records in the file.

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’.

Final

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22

LaRS File Transfer Process and Record Layout

3.0Sample File Layout
Sample 1: File Layout for Servicer with 3 invoices HEADER 700057|Y|3| RECORD_0 800001|00|2001|4|Y|Y|Y|Y| RECORD_1 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 800001|02|SF|.0539|BC|50538|50523|0| RECORD_3 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 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 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 RECORD_0 800061|00|2001|4|Y|N|Y|Y| RECORD_1

23

LaRS File Transfer Process and Record Layout
800061|01|SF|LN|.005|EVAR|9000| RECORD_2 800061|02|SF|.0539|BC|2065|2063|0| RECORD_3 800061|03|BC|2001|4|SF|CA|EVAR|2065|2065|0| 800061|03|BC|2001|4|SU|CA|EVAR|920|920|0| RECORD_4 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 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 RECORD_0 800288|00|2001|4|Y|Y|Y|Y| RECORD_1 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 800288|02|SF|.0539|BC|14417|12150|0| 800288|02|SF|.0619|BC|2524|2525|0| RECORD_3 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 800288|04|SF|13985|3667|0|0|0|0|0|0|22|

24

LaRS File Transfer Process and Record Layout
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 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 700057|Y|64|

25

LaRS File Transfer Process and Record Layout
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|

26

LaRS File Transfer Process and Record Layout
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|

27