| Publisher | Tufts University | ||
|---|---|---|---|
| Format | 36.5KB PDF | Date added | 05 Nov 2004 |
| Topics | Gramm-Leach-Bliley Act | ||
| Downloads | 29 | ||
Institutions of higher education are subject to the requirements of the Gramm-Leach-Bliley Act to the extent that they significantly engage in certain financial transactions and collect confidential financial information about their customers. Tufts University has determined that its financial aid and student loan activities fall within the scope of GLB. The Federal Trade Commission, which administers GLB has ruled that being in compliance with the Federal Educational Rights and Privacy Act (FERPA) satisfactorily addresses the privacy requirements of GLB relative to students but does not satisfy requirements under the Safeguards Rule.
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