LoanType

Schema Definition

Property	Type	Description
`code`	`string`	The official federal code that indicates the type of a loan.
`description`	`string`	The official federal description of the type of a loan.

`federal`	`boolean`	Is this a federal loan?
`guarantor`	`string`	The institution who guarantees a loan will be paid in the event a student borrower defaults on the loan.
`lender`	`string`	The institution that originally funded a loan.
`subsidized`	`boolean`	Is this loan subsidized by the federal government?
`sula_eligible`	`boolean`	Is this loan SULA eligible?

Example

{
  "code": "D2",
  "description": "Direct Stafford Unsubsidized Loan",
  "federal": true,
  "guarantor": "Department of Education",
  "lender": "Department of Education",
  "subsidized": false,
  "sula_eligible": false
}

Click here for the complete list of possible Loan Type code & description values