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Volume IV, Section 3Direct Loan FixedLength Record Layouts IntroductionIntroduction×1 Direct Loan Record Layouts×3 Header×3 Trailer×4 Loan Origination×6 Full Loan (Subsidized/Unsubsidized/PLUS)
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Direct loan program reconciliation is the process of comparing the financial records of a loan program to ensure accuracy and resolve any discrepancies.
Lenders and borrowers participating in the direct loan program are required to file reconciliation.
Direct loan program reconciliation can be filled out by submitting financial information and loan details to the appropriate authority.
The purpose of direct loan program reconciliation is to verify the accuracy of financial records and ensure compliance with regulations.
Information such as loan amounts, interest rates, repayment schedules, and any outstanding balances must be reported on direct loan program reconciliation.
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