ELM Resources - Compliments of Wachovia

What are Status Codes?

Status Codes are used to indicate the status of a loan and its disbursements. These codes will allow you to determine if your loan has been approved and ready for disbursement, or if additional information is needed from you or your school.

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ELM Resources

The ELMNet Loan Inquiry system contains information from student loan lenders across the country, and uses a combination of real-time loan inquiry and data retrieval from ELM Resources' central database to provide information about your education loan.

Check Your Student Loan Status
Checking the status of your student loan is easy. Regardless of the lender you have chosen, you can click the button below to access a national database provided by ELM Resources. First-time users will need to establish a user ID and password in order to access the database.

Please Note: Even though you may have already completed an application/promissory note for your loan, your school must certify your eligibility for the loan in order for it to appear on the ELMNet system.

School Specific Messages

If your school has placed a School Specific Message on the ELMNet website, you will see the message in red font at the bottom of the Loan Status page. Should you need to contact your lender or your school, you may do so by clicking on the name of your lender or school as shown on the Loan Status page. To view samples of the Lender Profile or School Profile, click on the hyperlinks in this sentence.

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Attention Transfer Students

The financial aid office at the school you will be transferring to will need the Lender Name and Lender ID/Entity ID for your student loan lender. It is recommended that you borrow future loans from the same lender previously used as this will simplify your repayment process. If you don’t remember which lender you borrowed from at your previous school, please follow these easy steps:

Log onto the ELMNet Loan Inquiry database to view your Loan Listing. The Loan Listing shows all of the loans you have previously borrowed.
Click on the link to the Lender for your most recent loan which is located at the top of the Loan Listing.
A separate window will open with the Lender Profile information (lender name, lender code, address, contact information) for your most recent loan. It is recommended that you borrow future loans from the same lender previously used as this will simplify your repayment process. If you choose to borrow a student loan to pay for your education at the college you are transferring to, you will need to provide the financial aid office with the Lender Name and Lender ID of your student loan lender.
If you have additional questions about financial aid, please contact the financial aid office of the college you are transferring to.

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Install Flash Player

Software must be installed on your computer to view the two demonstrations in Flash format. If you do not currently have Flash Player, you may download the software free at www.macromedia.com. (If you are not sure if you already have the Flash Player installed on your computer, just click on the hyperlink for any of the tutorials. You will be prompted to install it, if it is not already installed.)

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Who is ELM Resources?

ELM Resources provides technology services to the education finance industry. ELM Resources does not lend money or maintain account records, so they cannot answer questions about your individual situation. Contact your school's financial aid office or lender directly with your student loan questions.

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Wachovia logo

How does ELMNet Loan Inquiry work?

The ELMNet Loan Inquiry system uses a combination of real-time loan inquiry and data retrieval from ELM Resources' central database to provide information on your education loan. Real-time inquiry, designated by a real-time icon in the loan listing, provides you with the data received electronically directly from your lender or servicer in real time. It is the most current data available on your loan. All other loan data is retrieved from the ELM Resources' database, which is refreshed at least daily, and as often as hourly, by institutions providing the data.

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As a founding member of ELM Resources, Wachovia is committed to helping all students understand how to access their student loan status, regardless of their choice of lender.
We worked with ELM Resources to develop this content and hope you will find it useful.

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Shool Profile picture

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Lender Profile

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Loan Status Picture

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	School Specific Messages
	Attention Transfer Students
	Who is ELM Resources?
	How does ElmNet Loan Inquiry work?
	Install Flash Player
	What are Status Codes?
	Demo: Creating a Student Loan Borrower Login

Federal education loans are originated by Wachovia Education Finance, Inc.
Private education loans are originated by Wells Fargo Bank, N.A.
Equal Credit Opportunity Lenders