Education Dept Refines Security Self-Check Forms
Published Date: 12/23/2025
Notice
Summary
The Department of Education is updating a form that private guaranty agencies use to check and confirm their security practices. This change affects 11 agencies and asks for feedback by January 22, 2026. The update aims to keep data safe while making the process clearer and less time-consuming, with an estimated total effort of about 6,200 hours annually.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Guaranty Agencies Face Reporting Burden
Private guaranty agencies must complete a revised security self-assessment and attestation form. The revision applies to 11 respondents and the Department estimates a total of 6,226 annual burden hours; comments are due January 22, 2026.
Student Data Security Strengthened
The revised collection is used to check that guaranty agencies protect student and family data and to identify security deficiencies using National Institute of Standards and Technology (NIST) publications. The goal is to ensure data collected for federal student financial aid is kept confidential and intact.
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