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Description: Records associated with individual student accounts with national Direct
Student Loans.
Examples: Records may include promissory notes, statement of rights, and any other supporting documents.
Retention Period: Retain for 10 years after close of the award (cancelled or repaid), and then securely destroy.
Authority: 20 U.S.C § 1087C, 34 CFR § 674.19, 34 CFR §668.24


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