Covered Accounts

For purposes of clarification, Carroll University is using the following definition of a covered account:
  1. Any account the University offers or maintains primarily for personal, family or household purposes, that permits multiple payments or transactions.
  2. Any other account the University offers or maintains for which there is a reasonably foreseeable risk to customers or to the safety and soundness of the University from Identity Theft, including financial, operational, compliance, reputation, or litigation risks.
The following are considered covered accounts at Carroll University:
  •  Perkins Loans (Federal Loans awarded to students)
  • John Alexander Loans (Institutional Loans awarded to students)
  • Tuition Accounts (Accounting of charges and credits to a student's financial account)
  • Tuition Accounts on Payment Plans (Outstanding tuition accounts on a monthly payment plan arrangement)
  • Emergency Loans (Private loans given to students for emergency purposes)
  • Other Receivable Accounts (Conference and Facilities accounts)
  • Refunds to Banks and Great Lakes (Stafford ,Plus, and Alternative loan funds returned to lender/servicer)
  • Credit Card payments made for tuition and fees
  • Credit Card payments made at the Campus Center, Box Office, online, as gifts through Advancement, payment for sports camps and at the bookstore
  • Carroll Cash (Funds used for dining services, laundry, at vending machines, for photocopies, or to purchase books. Can also be used at off campus sites)

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