"Most parents know — in theory, at least — that their children are no longer children when they turn 18. But the full significance may not be apparent until something happens that drives that reality home," The New York Times reports.
"... All newly minted adults should also know that not only do they have responsibility for their health and education records — including grades, schedules and financial accounts — but also that their parents cannot get access to them without the student’s permission.
That means even tuition bills go directly to the student, not the parent, no matter who is paying.
That is because of a 1974 federal law, known as the Family Educational Rights and Privacy Act, or Ferpa, that all institutions of higher education receiving federal money must follow.
Colleges tell parents this at orientations and have the information about the law on their websites, but it can easily get lost in the masses of information.
All students have the right to sign a waiver — and in most colleges it is as easy as clicking on a page on the school website — permitting parents access to their school records."
NASFAA's "Financial Aid in the News" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Publication Date: 11/3/2014