Privacy Act Notice. The Privacy Act of 1974 (5 U.S.C. 552a) calls for that the following notice be supplied to you personally:

<strong>Privacy Act Notice. </strong> The Privacy Act of 1974 (5 U.S.C. 552a) calls for that the following notice be supplied to you personally:

The authority for collecting the required information from and about you is §421 et seq., §451 et seq., and/or §461 et seq. Of the bigger Education Act (HEA) of 1965, as amended (20 U.S.C. 1071 et seq., 20 U.S.C. 1087a et seq., and/or 20 U.S.C. 1087aa et seq. ), as well as the authorities for collecting and utilizing your Social Security quantity (SSN) are §484(a)(4) associated with the HEA (20 U.S.C. 1091(a)(4)) and 31 U.S.C. 7701(b). Taking part in the Federal Family Education Loan (FFEL) Program, William D. Ford Federal Direct Loan (Direct Loan) system, and Federal Perkins Loan (Perkins) Program and giving us your SSN are voluntary, however you must definitely provide the required information, together with your SSN, to take part.

The key purposes for gathering the information and knowledge about this type, including your SSN, are to validate your identification, to find out your eligibility to get that loan or good results on that loan (such as for instance a deferment, forbearance, release, or forgiveness) underneath the FFEL Program, Direct Loan Program, and/or Perkins Program, to allow the servicing of the loan(s), and, if it will become necessary, to discover you and to gather and report on the loan(s) in case the loan(s) become delinquent or perhaps in standard. [Read more…]