Law / United States / 
Maine
Maine Educational Loan Program and Higher Education Loan Purchase Program: confidentiality of applicant and borrower records
20-A M.R.S. secs. 11418, 11494
In force since .
A sensitive categories rule binding government bodies.
- Obligation class
- Access restriction, Prohibition
- Audit expectation
- none
What it requires
- If you are the Finance Authority of Maine, treat records containing information acquired from applicants for or recipients of financial assistance under the Maine Educational Loan Program as confidential (20-A M.R.S. 11418(1)).
- If you are a member, officer, employee, agent or other representative of the Finance Authority of Maine, or any other person, do not knowingly divulge or disclose those records, except for the types of disclosure the authority may in its discretion make or authorize (20-A M.R.S. 11418(2)).
- If you are the Finance Authority of Maine, treat records containing information acquired from borrowers whose loans the authority finances under the Higher Education Loan Purchase Program as confidential, and do not knowingly divulge or disclose them except as the section allows (20-A M.R.S. 11494).
These lines are LexLint's reading of the law's text.
What record it asks for
Logging duty
Sections 11418 and 11494 make applicant and borrower records confidential and bar knowing disclosure. Neither names a log or register that must be kept, so no logging duty is coded.
- Kind
- None
- As of
What this law does
The Maine Educational Loan Program is administered by the Finance Authority of Maine. The Finance Authority of Maine is established as a body corporate and politic and a public instrumentality of the State. Records containing any information acquired by the authority or a member, officer, employee or agent of the authority from applicants for or recipients of financial assistance provided pursuant to the program are confidential.
No member, officer, employee, agent, other representative of the authority or other person may knowingly divulge or disclose records declared confidential by this section, except as the section allows the authority to make or authorize a disclosure. In chapter 417-F, the authority is the Finance Authority of Maine. Records containing any information acquired by the authority or a member, employee or agent of the authority from borrowers whose loans are financed by the authority are confidential.
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