x12 190 Student Enrollment Verification
Federal regulations require lenders, guarantors, and schools to exchange student enrollment status information. This information includes, but is not limited to, student identification, enrollment status and dates, and school detail. The student's current enrollment status affects various aspects of the student loan process, such as the student's disbursement terms, deferment terms, deferment status, and repayment terms. Other entities such as the Internal Revenue Service, insurance companies and student lending processors require reporting of additional information including student address, grade point average, tuition and expenses paid, and expected degree date in order for students or taxpayers to qualify for certain programs.