| Information Classification for Student Loans
| Information Owner: |
Assoc. Comptroller-University Collections |
| Office Responsible for System: |
University Collections Office |
| Data Steward: |
Hans Sigg |
| Date: |
September 2003 |
Student Loan Related Information:
Student Loan section of University Collections primary mission is to manage the Federal Perkins, Health Profession and
Private Purdue University Loan funds. Student Loan programs consist of two operational areas: Loan Operations and Loan
Collections.
Loan Operations is primarily responsible for the daily processing of student loan notes, payments, deferments and required
exit interviews for those students that withdraw or graduate from Purdue. This area also audits the daily and monthly
transactions made to the student loan information system. Loan Collections is responsible for due diligence
on the student loan programs. This involves using various collection practices necessary to help delinquent borrowers
correct their past due payment problems.
| Information
Name |
Description |
Classifications |
| Public |
Sensitive |
Restricted |
| Fiscal Operation Reports
|
Information dealing with classes, totals,
and demographics.
|
X |
|
|
| Loan Agreements
|
Agreements and information that are signed
and filed to establish and maintain the Loan. (Promissory Notes,
Disclosure Statements, Supplemental information forms, Deferment
forms, Cancellation Forms and Disbursement Advice Forms)
|
|
|
X
SSN &
FERPA regulations |
| Loan Balances
|
For individual borrowers.
|
|
|
X
FERPA regulations |
| Transactions
|
List of all activity related to individual
borrowers.
|
|
|
X
FERPA regulations |
| Loan Program Information
|
Table and chart information such as Interest
Rates & Payment Minimums for Loan Types.
|
X |
|
|
| Collection Activity
|
Delinquency notices, follow-up letters,
collection agency and litigation information.
|
|
|
X
FERPA regulations |
|
