Finding Text
2020-004 Special Test - Gramm-Leach Bliley Act
FALN Number: 84.268 / 84.063 / 84.007 / 84.379
Program or Cluster Name: Federal Direct Student Loans / Federal Pell Grant Program / Federal Work-Study Program / Federal Supplemental Educational Opportunity Grants / Teacher Education Assistance for College and Higher Education (Student Financial Assistance Cluster)
Agency: U.S. Department of Education
Condition: We noted that the College did not have a policy to address student information security.
Status: Due to the closure of the College, various software systems were shutdown with little consideration being given to information security and the storage of sensitive student data. Management was more concerned with recording of financial transactions and winding down operations of the College. We are unable to verify if the College is in compliance with the Program Participation Agreement and the Gramm-Leach Bliley Act. As such, the correction of the finding could not be verified. See current year finding 2021-002.