AGENCY: Board of Regents (Utah). Higher Education Assistance Authority

SERIES: 83115
TITLE: Final holder report
DATES: 1983-
ARRANGEMENT: alphabetical by name

DESCRIPTION: When a student defaults on a student loan the Utah Higher Education Assistance Authority will purchase the loan (after a good faith effort on the part of the lender to collect) and collect the money. It includes the name and social security number of the loanee and the outcome of the loan.

RETENTION

Retain for 10 year(s)

DISPOSITION

Destroy.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 09/1988

FORMAT MANAGEMENT

Paper: Retain in Office for 2 years and then transfer to State Records Center. Retain in State Records Center for 8 years and then destroy.

APPRAISAL

Administrative Fiscal

According to 34 CFR 682.414 these records need not be kept longer than 5 years. The submitted retention reflected administrative need.

PRIMARY DESIGNATION

Private. UCA 63G-2-302(1)(h) and (2)(2008)