Lender Disbursement Notification Report - Navient · Lender Funds Management Reports Lender Disbursement Notification Report ... the report. The field format ... Report LFHB5 •

EAGLE II™ LFHB5

Lender Funds Management Reports

Issued: 03/26/2018 Navient - Confidential and Proprietary LFHB5 • 1 Copyright 2018 Navient Solutions, LLC – All Rights Reserved

Lender Disbursement Notification Report Purpose The Lender Disbursement Notification Report lists the individual Private

Credit loan program disbursements that Navient disbursed to a school on behalf of a lender. The report information is summarized by disbursement method and loan program. Disbursement methods include: WHIZFUND – Funds disbursed via ACH CHECK – Funds disbursed via check MASTER CHECK – Funds disbursed via master check Lenders use this report to verify that the funds were disbursed to the school.

Sort The Lender Funds Management subsystem sorts the report numerically by lender location ID. The report is also sorted by servicer location ID, guarantor location ID, school ID, loan program, borrower SSN, and loan disbursement ID.

Frequency The Lender Disbursement Notification Report is distributed: ▪ Daily

Medium The Lender Disbursement Notification Report is available via: ▪ Paper ▪ PageCenterX®

Report Owner The Lender Disbursement Notification Report is owned by: ▪ Operations Finance

Distribution The Lender Disbursement Notification Report is available to internal and external customers.

Sample The following report sample contains all available sections of the report and may be edited for length. The report you receive may not contain all of these sections depending on the data.

EAGLE II™ LFHB5

Lender Funds Management Reports Lender Disbursement Notification Report

LFHB5 • 2 Navient - Confidential and Proprietary Issued: 03/26/2018 Copyright 2018 Navient Solutions, LLC – All Rights Reserved

Report Sample 1 REPORT NBR: LFHB5 REPORT SAMPLE COMPANY PAGE: 1

CREATED BY: LFXB5 LENDER DISBURSEMENT NOTIFICATION REPORT DATE: 03/18/2018

2 FOR 03/18/2018 TIME: 16:33:42

3 LENDER ID 863001 4 LNDR LOC NAME VALLEY BANK 5 LNDR LOC ID 0009999999

6 SERVICER ID 7 SRVR LOC NAME INSURANCE CLAIM PROCESSING 8 SRVR LOC ID 00099999

9 GUARANTOR ID 703 10 GNTR LOC NAME LOAN GUARANTEE CORPORATION 11 GNTR LOC ID 000999999

12 BILLING MODEL LN

13 14 15 16 17 18 19 20 21 22 23/24 25 26

LOAN FUNDS DSBR DSBR

DSBR TOTL APP GUAR RECVD GRD INT DSBR ORIG FD/INS --DISBURSEMENT-- CHECK DSBR

ID DSBR CODE DATE DATE LVL RATE AMOUNT FEE FEE NET AMT METHOD NUMBER DATE

27 SCHOOL ID 070234-00 28 SCHL LOC NAME HUNTER JUNIOR COLLEGE 29 SCHL LOC ID 000099999

30 EDUCATION LOAN PROGRAM GROUP XSPP

31

PC-999999999-02 2 01/27/2018 03/18/2018 2 0.00 2,000.00 0.00 0.00 2,000.00 ACHC 03/19/2018 F

32 * 33 BORR 999-00-9544 34 ADAMS, ALICE A 35 STDT 999-00-9544 36 ADAMS, ALICE A 37 LN PER 01/10/2018-05/08/2018

38 ORIG SYS CD EX

SCHOOL ID 070234-00 SCHL LOC NAME NAME HUNTER JUNIOR COLLEGE SCHL LOC ID 000099999

EDUCATION LOAN PROGRAM GROUP XSPP

PC-999999999-01 1 03/05/2018 03/18/2018 1 0.00 5,400.00 0.00 0.00 5,400.00 ACHC 03/19/2018 F

* BORR 999-10-4810 CURRAN, CATHY C STDT 999-10-4810 CURRAN, CATHY C LN PER 08/08/2014-08/07/2018

ORIG SYS CD EX

I - Image Document R - Re-issued Disbursement F - Orig First Dsbr of Loan

O - Original Document A - Authorized for Reinstatement

* - No Matching Document S - Serial MPN Document

EAGLE II™ LFHB5



REPORT NBR: LFHB5 REPORT SAMPLE COMPANY PAGE: 2


FOR 03/18/2018 TIME: 16:33:42

LENDER ID 863001 LNDR LOC NAME VALLEY BANK LNDR LOC ID 000999999

SERVICER ID SRVR LOC NAME INSURANCE CLAIM PROCESSING SRVR LOC ID 000999999

GUARANTOR ID 703 GNTR LOC NAME LOAN GUARANTEE PROCESSING GNTR LOC ID 000999999

GUARANTOR SUB-TOTALS BY BILLING MODEL

BILLING MODEL LN

39 40 41 42 43 44 45 46

TOTAL TOTAL TOTAL

FIRST SBSQNT TOTAL TOTAL TOTAL DISBURSEMENT DISBURSEMENT NET

DSBR DSBR DSBR LOAN DISBURSEMENT ORIGINATION FED DFLT/INS DISBURSEMENT

COUNT COUNT COUNT AMOUNT AMOUNT FEE FEE AMOUNT

EFT 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

XSPP 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

------ ------ ------ ---------------- ---------------- ------------ ------------ ----------------

47 GUARANTOR TOTALS 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

EAGLE II™ LFHB5



REPORT NBR: LFHB5 REPORT SAMPLE COMPANY PAGE: 3 CREATED BY: LFXB5 LENDER DISBURSEMENT NOTIFICATION REPORT DATE: 03/18/2018

FOR 03/18/2018 TIME: 16:33:42



GUARANTOR ID 703 GNTR LOC NAME LOAN GUARANTEE PROCESSING GNTR LOC ID 000999999

GUARANTOR SUB-TOTALS

TOTAL TOTAL TOTAL




EFT 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

XSPP 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

------ ------ ------ ---------------- ---------------- ------------ ------------ ----------------

48 GUARANTOR TOTALS 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

EAGLE II™ LFHB5





FOR 03/18/2018 TIME: 16:33:42



SERVICER SUB-TOTALS BY BILLING MODEL

BILLING MODEL LN

TOTAL TOTAL TOTAL




EFT 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

XSPP 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

------ ------ ------ ---------------- ---------------- ------------ ------------ ----------------

49 SERVICER TOTALS 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

EAGLE II™ LFHB5



REPORT NBR: LFHB5 REPORT SAMPLE COMPANY PAGE: 5 CREATED BY: LFXB5 LENDER DISBURSEMENT NOTIFICATION REPORT DATE: 03/18/2018

FOR 03/18/2018 TIME: 16:33:42



SERVICER SUB-TOTALS

TOTAL TOTAL TOTAL




EFT 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

XSPP 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

------ ------ ------ ---------------- ---------------- ------------ ------------ ----------------

50 SERVICER TOTALS 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

EAGLE II™ LFHB5





FOR 03/18/2018 TIME: 16:33:42


LENDER SUB-TOTALS BY BILLING MODEL

BILLING MODEL LN

TOTAL TOTAL TOTAL




EFT 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

XSPP 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

------ ------ ------ ---------------- ---------------- ------------ ------------ ----------------

51 LENDER TOTALS 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

EAGLE II™ LFHB5





FOR 03/18/2018 TIME: 16:33:42


LENDER SUB-TOTALS

TOTAL TOTAL TOTAL




EFT 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

XSPP 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

------ ------ ------ ---------------- ---------------- ------------ ------------ ----------------

52 LENDER TOTALS 1 1 2 9,400.00 7,400.00 0.00 0.00 7,400.00

EAGLE II™ LFHB5



Field Definitions Fields on the report include the following: 1. REPORT NBR. (Report Number) A 5-character field that indicates

the number assigned by EAGLE II to a report. The first two characters identify the subsystem from which the report was generated.

2. REPORT DATE. An 8-digit field that indicates the generation date

of the information contained in the report. The field format is MM/DD/CCYY.

3. LENDER ID. (Lender [Reinsurer Assigned] ID) A 6-digit field that

indicates the identification number assigned to a lender by a reinsurer. The field format is 999999.

4. LNDR LOC NAME. (Lender Location Name) A 35-character, free-

form field that indicates the name of a lender location. 5. LNDR LOC ID. (Lender Location ID) A 9-digit field that indicates

the unique identification number assigned by EAGLE II to a lender location. The field format is 999999999.

6. SERVICER ID. This field is a placeholder. The U.S. Department of

Education (ED) does not assign servicer identification numbers. 7. SRVR LOC NAME. (Servicer Location Name) A 35-character,

free-form field that indicates the name of a servicer location. 8. SRVR LOC ID. (Servicer Location ID) A 9-digit field that indicates

the unique identification number assigned by EAGLE II to a servicer location. The field format is 999999999.

9. GUARANTOR ID. (Guarantor [Reinsurer Assigned] ID) A 3-digit

field that indicates the identification number assigned to a guarantor by a reinsurer. The field format is 999.

10. GNTR LOC NAME. (Guarantor Location Name) A 35-character,

free-form field that indicates the name of a guarantor location. 11. GNTR LOC ID. (Guarantor Location ID) A 9-digit field that

indicates the unique identification number assigned by EAGLE II to a guarantor location. The field format is 999999999.

12. BILLING MODEL. A 2-character field that indicates the code used

for proper billing when loan requests are converted onto EAGLE II. Valid values are:

DS — Bill by disbursement LN — Bill by loan request at time of first disbursement

EAGLE II™ LFHB5



13. LOAN DSBR ID. (Loan Disbursement ID) A 13-character field that uniquely identifies a lender disbursement. A lender disbursement represents the funds sent to the school and the fees sent to the guarantor for an education loan. The field format is XX-999999999-99.

Example: US-123456781-01 A loan disbursement ID is split into a 2-character database code,

a 9-digit sequential number, and a 2-digit sequence number. The 2-character database code and the 9-digit sequential number make up the loan identification number. The last 2-digits identify a disbursement for the loan.

14. TOTL DSBR. (Total Disbursement) A 1-digit field that indicates

the total number of disbursements associated with the education loan. The field format is 9.

15. APP CD. (Application Code) A 1-character field that indicates the

type of application used to guarantee the loan. This field is blank for Private Credit loans.

16. GUAR DATE. (Guarantee Date) An 8-digit field that indicates the

date the loan guaranteed. The field format is MM/DD/CCYY. 17. FUNDS RECVD DATE. (Funds Received Date) An 8-digit field

that indicates the date Navient received funds from a lender for an education loan. The field format is MM/DD/CCYY.

18. GRD LVL. (Grade Level) A 1-character field that indicates a

student's grade level during the loan period. Valid values are: 0 — COR, correspondence 1 — U1, first year undergraduate 2 — U2, second year undergraduate 3 — U3, third year undergraduate 4 — U4, fourth year undergraduate 5 — U5+, fifth year undergraduate A — G1, first year graduate B — G2, second year graduate C — G3, third year graduate D — G4+, fourth year graduate K — KK, K-12TH O — OTH, residency, PH.D., etc. U — UNK, unknown 19. INT RATE. (Interest Rate) A 5-digit field that indicates the interest

rate percentage of the loan. The field format is ZZ9.99.

EAGLE II™ LFHB5



20. DSBR AMOUNT. (Disbursement Amount) An 8-digit field that indicates the current dollar amount of a lender disbursement. This amount includes the NET DISBURSEMENT AMT, DSBR FD FEE, and DSBR ORIG FEE. The field format is ZZZ,ZZ9.99.

21. DSBR ORIG FEE. (Disbursement Origination Fee) An 8-digit field

that indicates the origination fee dollar amount of a disbursement. This fee is subtracted from the gross DSBR AMOUNT when calculating the NET DISBURSEMENT AMOUNT to be disbursed to the school. The field format is ZZZ,ZZ9.99.

22. DSBR FD/INS FEE. (Disbursement Federal Default/Insurance

Fee) An 8-digit field that indicates the federal default/insurance fee dollar amount charged for a Private Credit loan disbursement. This fee is subtracted from the gross DSBR AMOUNT when calculating the NET DISBURSEMENT AMOUNT to be disbursed to the school. The field format is ZZZ,ZZ9.99.

23. DISBURSEMENT NET AMT. (Disbursement Net Amount) An 8-

digit field that indicates the total dollar amount of a disbursement that is disbursed to the school. This amount is calculated by subtracting the DSBR ORIG FEE and DSBR FD FEE from the DSBR AMOUNT. The field format is ZZZ,ZZ9.99.

24. DISBURSEMENT METHOD. A 4-character field that indicates the

way funds are disbursed to a customer for an education loan. The LFM subsystem determines the disbursement method for a customer based on the options available when the disbursement register was created. Valid values are:

ACH — Automated Clearing House (24-hour batch process) ACHC — Automated Clearing House Customer (24-hour batch process) CHK — Check MCHK — Master check MEMO — Credit or debit memo WIRE — Wire (immediate transfer of funds) XFER — Internal Transfer 25. CHECK NUMBER. An 11-digit field that indicates the check

number associated with an outgoing bank transaction. An outgoing bank transaction represents funds debited to a Navient bank account. Navient may issue an individual check or master check for a lender disbursement. The field format is 99999999999. This field is blank for DISBURSEMENT METHOD ACH.

26. DSBR DATE. (Disbursement Date) An 8-digit field that indicates

the date a disbursement was issued to a school or borrower for an education loan. The field format is MM/DD/CCYY.

EAGLE II™ LFHB5



27. SCHOOL ID. (School [Reinsurer Assigned] ID) An 8-digit field that indicates the identification number assigned to a school by a reinsurer. The field format is 999999-99.

28. SCHL LOC NAME. (School Location Name) A 35-character, free-

form field that indicates the name of a school location. 29. SCHL LOC ID. (School Location ID) A 9-digit field that indicates

the unique identification number assigned by EAGLE II to a school location. The field format is 999999999.

30. EDUCATION LOAN PROGRAM GROUP. A 4-character field that

indicates the abbreviation for a Private Credit loan program name. 31. [DISBURSEMENT INDICATOR]. A 1-character field that indicates

a disbursement was reinstated, reissued, or is the original first disbursement of a loan. Valid values are:

A — Disbursement has been Authorized for Reinstatement F — Original First Disbursement of Loan R — Disbursement has been Reissued 32. [DOCUMENT INDICATOR]. A 1-character field that indicates the

type of document used for disbursement approval. Valid values are:

I — Image document O — Original document S — Serial MPN document * — No matching document 33. BORR. (Borrower [SSN]) A 9-digit identification number assigned

to a borrower by the U.S. Social Security Administration. The field format is 999-99-9999.

34. [BORROWER NAME]. A 35-character field that contains the

borrower's last name, first name, middle initial, and suffix. 35. STDT. (Student [SSN]) A 9-digit field that indicates the

identification number assigned to a student by the U. S. Social Security Administration. The field format is 999-99-9999.

36. [STUDENT NAME]. A 35-character field that indicates the

student's last name, first name, middle initial, and suffix. 37. LN PER. (Loan Period) A 16-digit field that indicates the begin and

end dates for the academic term of a borrower's loan. The field format is MM/DD/CCYY-MM/DD/CCYY.

EAGLE II™ LFHB5



38. ORIG SYS CD. (Originating System Code) A 2-character field that indicates the system on which a loan request originated or where the source of conversion data is located. Valid values are:

AT — Atlas E2 — EAGLE II EX — ExportSS 39. FIRST DSBR COUNT. (First Disbursement Count) A 6-digit field

that indicates the total number of first disbursements issued for the DISBURSEMENT METHOD and loan program indicated. This number includes all original first disbursements and reissued first disbursements. The field format is ZZZZZ9.

40. SBSQNT DSBR COUNT. (Subsequent Disbursement Count) A 6-

digit field that indicates the total number of subsequent disbursements issued for the DISBURSEMENT METHOD and loan program indicated. This number includes all disbursements except original first disbursements and reissued first disbursements. The field format is ZZZZZ9.

41. TOTAL DSBR COUNT. (Total Disbursement Count) A 6-digit field

that indicates the total number of first and subsequent disbursements requested for the DISBURSEMENT METHOD and loan program indicated. The field format is ZZZZZ9.

42. TOTAL LOAN AMOUNT. A 12-digit field that indicates the total

loan dollar amount of disbursements requested for the DISBURSEMENT METHOD and loan program indicated. The loan dollar amount includes the NET DISBURSEMENT AMT, DSBR FD FEE, and DSBR ORIG FEE. The field format is Z,ZZZ,ZZZ,ZZ9.99.

43. TOTAL DISBURSEMENT AMOUNT. A 12-digit field that indicates

the total disbursement dollar amount requested for the DISBURSEMENT METHOD and loan program indicated. This amount includes the NET DISBURSEMENT AMT plus the DSBR ORIG FEE and DSBR FD FEE and is always less than or equal to the TOTAL LOAN AMOUNT. The field format is Z,ZZZ,ZZZ,ZZ9.99.

44. TOTAL DISBURSEMENT ORIGINATION FEE. A 9-digit field that

indicates the total origination fee dollar amount associated with the disbursements for the DISBURSEMENT METHOD and loan program indicated. The field format is Z,ZZZ,ZZ9.99.

EAGLE II™ LFHB5



45. TOTAL DISBURSEMENT FED DFLT FEE. (Total Disbursement Federal Default Fee) A 9-digit field that indicates the total federal default fee dollar amount requested for the DISBURSEMENT METHOD and loan program indicated. The field format is Z,ZZZ,ZZ9.99.

46. TOTAL NET DISBURSEMENT AMOUNT. A 12-digit field that

indicates the total net disbursement dollar amount requested for the DISBURSEMENT METHOD and loan program indicated. This amount represents the amount the borrower receives after the DSBR ORIG FEE and DSBR FD FEE are subtracted from the TOTAL DISBURSEMENT AMOUNT. The field format is Z,ZZZ,ZZZ,ZZ9.99.

47. GUARANTOR TOTALS [BILLING MODEL]. Fields that indicate

the FIRST DSBR COUNT, SBSQNT DSBR COUNT, TOTAL DSBR COUNT, TOTAL LOAN AMOUNT, TOTAL DISBURSEMENT AMOUNT, TOTAL DISBURSEMENT ORIGINATION FEE, TOTAL DISBURSEMENT FED DFLT FEE, and TOTAL NET DISBURSEMENT AMOUNT for the specified BILLING MODEL.

48. GUARANTOR TOTALS. Fields that indicate the FIRST DSBR

COUNT, SBSQNT DSBR COUNT, TOTAL DSBR COUNT, TOTAL LOAN AMOUNT, TOTAL DISBURSEMENT AMOUNT, TOTAL DISBURSEMENT ORIGINATION FEE, TOTAL DISBURSEMENT FED DFLT FEE, and TOTAL NET DISBURSEMENT AMOUNT for the specified guarantor.

49. SERVICER TOTALS [BILLING MODEL]. Fields that indicate the

FIRST DSBR COUNT, SBSQNT DSBR COUNT, TOTAL DSBR COUNT, TOTAL LOAN AMOUNT, TOTAL DISBURSEMENT AMOUNT, TOTAL DISBURSEMENT ORIGINATION FEE, TOTAL DISBURSEMENT FED DFLT FEE, and TOTAL NET DISBURSEMENT AMOUNT for the specified BILLING MODEL.

50. SERVICER TOTALS. Fields that indicate the FIRST DSBR

COUNT, SBSQNT DSBR COUNT, TOTAL DSBR COUNT, TOTAL LOAN AMOUNT, TOTAL DISBURSEMENT AMOUNT, TOTAL DISBURSEMENT ORIGINATION FEE, TOTAL DISBURSEMENT FED DFLT FEE, and TOTAL NET DISBURSEMENT AMOUNT for the specified servicer.

51. LENDER TOTALS [BILLING MODEL]. Fields that indicate the

FIRST DSBR COUNT, SBSQNT DSBR COUNT, TOTAL DSBR COUNT, TOTAL LOAN AMOUNT, TOTAL DISBURSEMENT AMOUNT, TOTAL DISBURSEMENT ORIGINATION FEE, TOTAL DISBURSEMENT FED DFLT FEE, and TOTAL NET DISBURSEMENT AMOUNT for the specified BILLING MODEL.

EAGLE II™ LFHB5



52. LENDER TOTALS. Fields that indicate the FIRST DSBR COUNT, SBSQNT DSBR COUNT, TOTAL DSBR COUNT, TOTAL LOAN AMOUNT, TOTAL DISBURSEMENT AMOUNT, TOTAL DISBURSEMENT ORIGINATION FEE, TOTAL DISBURSEMENT FED DFLT FEE, and TOTAL NET DISBURSEMENT AMOUNT for the specified lender.

EAGLE II™ LFHB5



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Lender Disbursement Notification Report - Navient · Lender Funds Management Reports Lender Disbursement Notification Report ... the report. The field format ... Report LFHB5 •