20 USC 1018b - Administrative simplification of student aid delivery

U.S Code last checked for updates: May 18, 2024

§ 1018b.

Administrative simplification of student aid delivery

(a)

In general

(b)

Participation in standard setting organizations

(1)

The Chief Operating Officer shall participate in the activities of standard setting organizations in carrying out the provisions of this section.

(2)

The Chief Operating Officer shall encourage higher education groups seeking to develop common forms, standards, and procedures in support of the delivery of Federal student financial assistance to conduct these activities within a standard setting organization.

(3)

The Chief Operating Officer may pay necessary dues and fees associated with participating in standard setting organizations pursuant to this subsection.

(c)

Adoption of voluntary consensus standards

(d)

Use of clearinghouses

(e)

Data security

Any entity that maintains or transmits information under a transaction covered by this section shall maintain reasonable and appropriate administrative, technical, and physical safeguards—

(1)

to ensure the integrity and confidentiality of the information; and

(2)

to protect against any reasonably anticipated security threats, or unauthorized uses or disclosures of the information.

(f)

Definitions

(1)

Clearinghouse

(2)

Standard setting organization

The term “standard setting organization” means an organization that—

(A)

is accredited by the American National Standards Institute;

(B)

develops standards for information transactions, data elements, or any other standard that is necessary to, or will facilitate, the implementation of this section; and

(C)

is open to the participation of the various entities engaged in the delivery of Federal student financial assistance.

(3)

Voluntary consensus standard

(Pub. L. 89–329, title I, § 143, as added Pub. L. 105–244, title I, § 101(a), Oct. 7, 1998, 112 Stat. 1615.)

cite as: 20 USC 1018b