[Oasfaa] Application Loan Phase Code (App Response Files)

Client Relations ClientRelations at ogslp.org
Wed May 8 14:18:05 CDT 2002


Sallie Mae has identified an issue with the Application Loan Phase Code. The
Application Loan Phase Code is a four character code indicating the current
processing phase for the application or the loans. 

If you are a school or lender that utilizes the Application Loan Phase code,
please be aware that your application response files may include the
incorrect loan coded of PRNT (Application/Promissory Note has been printed
and mailed) instead of the correct loan phase codes of either AELN (Approved
by Guarantor) or ADIS (Awaiting First Disbursement). However, even though
the app response file contained the incorrect loan phase code, it is
appearing correctly on OGSLP's database, EAGLE.

The app response files affected are those for 4/26, 4/27, 4/28, 4/29, 4/30,
5/1, 5/2 and 5/3. Sallie Mae is in the process of creating corrected files
and a follow-up notification will be sent when this is complete.

For further assistance in resolving this problem, please contact OGSLP's
Client Relations Department at (405) 234-4329 or 1-800-247-0420 x329 or
Sallie Mae's Electronic Services Department at 1-800-348-4606. Thank you for
your patience. 

 

Client Relations
OGSLP
(405) 234-4329 or 1-800-247-0420
(405) 234-4459 - Fax
clientrelations at ogslp.org <mailto:clientrelations at ogslp.org>  

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