RRS_Series: Financial Aid Program: Federal Perkins Loan

Activity
III.06. ADMINISTRATION OF STUDENT AFFAIRS/Scholarships and Financial Aid
Series Name
Financial Aid Program: Federal Perkins Loan
Series ID
306-20-115
Description

Document administation of the Federal Perkins Loan program (note: the Federal Perkins Loan Program has effectively ceased as of late 2017).

These records found in all media (paper, digital, or other) may include but are not limited to:

  • Perkins repayment records, cinluding the original repayment schedule,
  • Perkins original promissory note 
  • related documentation and correspondence, including e-mail.

 

Retention and Disposal Instructions

(a) 3 years from date loan assigned, cancelled, or repaid for Perkins repayment records, purge;

(b) until loan is satisfied for Perkins original promissory note, purge;

(c) 3 years after award year for all other records, purge.

Exception: In the event of a subpoena, audit, legal hold, public records or similar state or federal information request, halt until further instructed any scheduled disposal activities, including purging or transferring material to University Archives.