RE: FTC Rules for safeguarding customer information

From: Bailey, Karen (ksbailey@ku.edu)
Date: Tue Mar 18 2003 - 17:29:50 EST

  • Next message: Ronald L. Hiser: "RE: FTC Rules for safeguarding customer information"

    Per NACUBO Advisory Report 2003-01 (http://www.nacubo.org/nacubo_reports/),
    colleges and universities are considered financial institutions under the
    provisions of the GLB Act due to the fact that we make educational loans
    under the Perkins program.

    Please refer to the section called "General Standards for Safeguarding
    Customer Information". It indicates that we still need something written
    that indicates we are in compliance.
    Karen Bailey
    University of Kansas

    -----Original Message-----
    From: Lou Seda [mailto:lseda@sva.edu]
    Sent: Tuesday, March 18, 2003 3:05 PM
    To: bursar-l@virginia.edu
    Subject: Re: FTC Rules for safeguarding customer information

    That is my feel on all this. It is only logical.

    "by way of bursar-l " wrote:

    > How is this different from FERPA? If a school is in compliance with
    regard
    > to FERPA wouldn't that cover the FTC Rules for safeguarding customer
    > information?
    >
    > -----Original Message-----
    > From: Whited,Jeanette [mailto:JWHITED@mail.nwmissouri.edu]
    > Sent: Tuesday, March 18, 2003 1:59 PM
    > To: bursar-l@virginia.edu
    > Subject: FTC Rules for safegarding customer information
    >
    > Has anyone out there in Bursarland written their plans and policies to
    > protect customer financial information?
    >
    > If so would you be willing to share.
    >
    > Thanks.
    >
    > Jeanette Whited
    > Treasurer
    >
    > Northwest Missouri State University
    > 800 University Drive
    > Maryville, MO 64468
    > Phone: 660/562-1103
    > Fax: 660/562-1400
    > e-mail: jwhited@mail.nwmissouri.edu

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