What is an EDI 135 Student Aid Origination Record?
An EDI 135 exchanges information related to the approval, certification, and guarantee of specific student aid. A school and a fund source, such as a private lender, the US Department of Education or a state agency, can exchange information about a student loan or grant using the EDI 135.
The data contents and format of the EDI 135 transaction set are used for the electronic interchange of information related to student aid. The data elements interchanged in the transfer of an EDI 135 include:
- Identification of the student or applicant
- School enrollment data
- Terms and conditions of the loan
- Borrowing history
Workflow for the Exchange of an EDI 135 Student Aid Origination Record
An EDI 135 Student Aid Origination Record is used by lending institutions, educational institutions, and loan guarantee agencies. This transaction set supports multi-program transactions for exchanging information about student loans or grants between fund sources and schools.
An EDI 139 is used by the guarantors of a loan, in response to the EDI 135, to inform the lending party regarding the status of the student loan guarantee.
Stay EDI Compliant with EDIConnect
EDIConnect is an enterprise-grade solution that simplifies the process of sending and receiving EDI messages. It is designed to handle X12 and EDIFACT transaction sets with its built-in parser, validator, and transaction builder. Along with facilitating EDI compliance with its intuitive features, EDIConnect also streamlines communication among trading partners.