02.17 Student Loan Expenses (88000-90999)
88001 Loan Payments to Students
Principal loaned to students.
88011 Administrative Expenses
Expenditures for costs of administering the student loan fund.
88012 Other Collection Costs
Other non-litigation expenses resulting from the collection of student loans.
88013 Collection Agency Costs
Expenditures for costs incurred while collecting past due receivables. This code includes fees paid to an outside agency for the collection of outstanding receivables. Use only for Loan Funds.
88020 Default Principal Assigned Federal Government
Principal amount of defaulted NDS/Perkins Loans assigned to the federal government.
88021 Default Interest Assigned Federal Government
Uncollected interest on defaulted NDS/Perkins Loans assigned to the federal government.
88100 Principal Cancelled 15% Voluntary Service /72
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88101 Principal Cancelled 20% Voluntary Service /72
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88102 Principal Cancelled 20% Teaching Service >7/72
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation. This code applies to loans issued on or after July 1, 1972.
88103 Principal Cancelled 30% Teaching Service >7/72
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation. This code applies to loans issued on or after July 1, 1972.
88104 Principal Cancelled 15% Teaching Service >7/72
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation. This code applies to loans issued on or after July 1, 1972.
88105 Principal Cancelled 10% Teaching Service
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation. This code applies to loans issued on or after July 1, 1972.
88110 Principal Cancelled 15% Law Enforcement/Corrections
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88111 Principal Cancelled 20% Law Enforcement/Corrections
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88112 Principal Cancelled 30% Law Enforcement/Corrections
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88115 Principal Cancelled 15% High Risk Children Services
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88116 Principal Cancelled 20% High Risk Children Services
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88117 Principal Cancelled 30% High Risk Children Services
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88120 Principal Cancelled 15% Teaching Special Subjects
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88121 Principal Cancelled 20% Teaching Special Subjects
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88122 Principal Cancelled 30% Teaching Special Subjects
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88123 Principal Cancelled - 15% Early Childhood Service
88130 Loan Principal Cancelled Death
Cancellation of principal on student loan due to death.
88131 Loan Principal Cancelled Disability
Cancellation of principal on student loan due to disability.
88132 Loan Principal Cancelled Bankruptcy
Cancellation of principal on student loan due to bankruptcy.
88134 Loan Principal Cancelled Other
Cancellation of principal on student loan not otherwise classified.
88135 Loan Principal Cancelled - Military >7/1/72
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation. This code applies to loans issued on or after July 1, 1972.
88140 Principal Cancelled 15% Nurse/Medical Technician
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88141 Principal Cancelled 20% Nurse/Medical Technician
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88142 Principal Cancelled 30% Nurse/Medical Technician
Cancellation of principal on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation.
88230 Interest Cancelled Death
Cancellation of interest on student loan due to death.
88231 Interest Cancelled Disability
Cancellation of interest on student loan due to disability.
88235 Interest Cancelled Military >7/1/72
Cancellation of interest on student loan for being employed in specified occupational areas; qualifying for various rates of loan cancellation. This code applies to loans issued on or after July 1, 1972.
