Remove Banking Remove Financial Aid Remove Grants and Contracts Remove Industry
article thumbnail

Higher Ed Braces for Impact of Third-Party Service Regulation Expansion: Changing Higher Ed Podcast 149 with Host Dr. Drumm McNaughton and Guest Mike Goldstein

The Change Leader, Inc.

The original rule was designed to monitor contracted companies that provide colleges and universities with services to manage various aspects of Federal Student Aid. Drumm McNaughton 06:52 Another point is that at the root of all this is Title IV, Federal Financial Aid. It provides grants and loans to students.

article thumbnail

Higher Ed Cybersecurity, MOVEit Hack, and 3rd-Party Risk: Changing Higher Ed Podcast 163 with Host Dr. Drumm McNaughton and Guest Brian Kelly

The Change Leader, Inc.

The primary rule change is designating a CISO or a qualified individual responsible for protecting customer information or student financial aid data. Institutions must annually vet employees granted access to information and ensure more people haven’t been granted access. The third involves access review controls.