Description: Records related to individual student eligibility and activity for all federal
student financial assistance programs.
Examples: Records may include applications, account activity records, disbursement amounts, transfer history, SAR and ISAR eligibility records, student certification and supporting documentation, work-study award notification and correspondence.
Retention Period: Retain for 5 years after graduation, transfer, or separation, and then securely destroy.
Authority: 34 C.F.R. § 668.24