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SECTION 9: IMPORTANT NOTICES
Privacy Act Notice. The Privacy Act of 1974 (5 USC 552a)
requires that the following notice be provided to you:
The authority for collecting the requested information
from and about you is §421 et seq., §451 et seq., and/or
§461 et seq. of the Higher Education Act (HEA) of 1965, as
amended (20 USC 1071 et seq., 20 USC 1087a et seq.,
and/or 20 USC 1087aa et seq.), and the authorities for
collecting and using your Social Security Number (SSN) are
§484(a)(4) of the HEA (20 USC 1091(a)(4)) and 31 USC
7701(b). Participating in the Federal Family Education Loan
(FFEL) Program, William D. Ford Federal Direct Loan (Direct
Loan) Program, and Federal Perkins Loan (Perkins)
Program and giving us your SSN are voluntary, but you
must provide the requested information, including your
SSN, to participate.
The principal purposes for collecting the information on
this form, including your SSN, are to verify your identity, to
determine your eligibility to receive a loan or a benefit on
a loan (such as a deferment, forbearance, discharge, or
forgiveness) under the FFEL Program, Direct Loan
Program, and/or Perkins Program, to permit the servicing
of your loan(s), and, if it becomes necessary, to locate you
and to collect and report on your loan(s) if your loan(s)
become delinquent or in default. We also use your SSN as
an account identifier and to permit you to access your
account information electronically.
The information in your file may be disclosed, on a case-
by-case basis or under a computer matching program, to
third parties as authorized under routine uses in the
appropriate systems of records notices. The routine uses
of this information include, but are not limited to, its
disclosure to federal, state, or local agencies, to private
parties such as relatives, present and former employers,
business and personal associates, to consumer reporting
agencies, to financial and educational institutions, and to
guaranty agencies in order to verify your identity, to
determine your eligibility to receive a loan or a benefit on
a loan, to permit the servicing or collection of your
loan(s), to enforce the terms of the loan(s), to investigate
possible fraud and to verify compliance with federal
student financial aid program regulations, or to locate you
if you become delinquent in your loan payments or if you
default. To provide default rate calculations, disclosures
may be made to guaranty agencies, to financial and
educational institutions, or to state agencies. To provide
financial aid history information, disclosures may be made
to educational institutions. To assist program
administrators with tracking refunds and cancellations,
disclosures may be made to guaranty agencies, to financial
and educational institutions, or to federal or state
agencies. To provide a standardized method for
educational institutions to
efficiently submit student enrollment status, disclosures
may be made to guaranty agencies or to financial and
educational institutions. To counsel you in repayment
efforts, disclosures may be made to guaranty agencies, to
financial and educational institutions, or to federal, state,
or local agencies.
In the event of litigation, we may send records to the
Department of Justice, a court, adjudicative body,
counsel, party, or witness if the disclosure is relevant
and necessary to the litigation. If this information, either
alone or with other information, indicates a potential
violation of law, we may send it to the appropriate
authority for action. We may send information to
members of Congress if you ask them to help you with
federal student aid questions. In circumstances involving
employment complaints, grievances, or disciplinary
actions, we may disclose relevant records to adjudicate
or investigate the issues. If provided for by a collective
bargaining agreement, we may disclose records to a
labor organization recognized under 5 USC Chapter 71.
Disclosures may be made to our contractors for the
purpose of performing any programmatic function that
requires disclosure of records. Before making any such
disclosure, we will require the contractor to maintain
Privacy Act safeguards. Disclosures may also be made to
qualified researchers under Privacy Act safeguards.
Paperwork Reduction Notice. According to the
Paperwork Reduction Act of 1995, no persons are
required to respond to a collection of information unless
it displays a currently valid OMB control number. Public
reporting burden for this collection of information is
estimated to average 0.5 hours (30 minutes) per
response, including the time for reviewing instructions,
searching existing data resources, gathering and
maintaining the data needed, and completing and
reviewing the information collection. Individuals are
obligated to respond to this collection to obtain a benefit
in accordance with 34 CFR 674.34, 682.210, or 685.204.
Send comments regarding the burden estimate(s) or any
other aspect of this collection of information, including
suggestions for reducing this burden to the U.S.
Department of Education, 400 Maryland Avenue, SW,
Washington, DC 20210-4537 or e-mail
ICDocketMgr@ed.gov and reference OMB Control
Number 1845-0080. Note: Please do not return the
completed form to this address.
If you have questions regarding the status of your
individual submission of this form, contact your loan
holder (see Section 8).