Student Loan Payment Coupons
Records that document payments made by holders of student loans. Records may include payment coupons which accompany each quarterly or monthly payment made to the student loan office.
Retain for three years after loan repayment or assignment to U.S. Department of Education.
34 C.F.R. 668.24; 34 C.F.R. 674.19
Confidential destruction is required. Paper must be shredded, pulped, or incinerated; electronic records must be overwritten or the storage media physically destroyed. Deletion of information in computer files or on electronic storage media is not sufficient.
Last Updated: December 31, 2008