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High impactProposed regulationProposed

Treasury proposes new system of records for federal student aid data

The Department of the Treasury proposes to establish a new system of records titled “Department of the Treasury .033--Federal Student Aid Portfolio Research, Analysis, Oversight, Reporting, and Compliance Records.” The system would allow Treasury to receive and maintain personally identifiable information from the Department of Education to oversee federal student aid activities.

Why it matters: The proposal creates a Treasury‑run record system that will collect and analyze student aid data, raising privacy considerations for the handling of personal and financial information.

Summary generated from the sources below. Check the primary source before relying on it; this is not legal advice.

Sources
Privacy Act of 1974; System of Records
Federal Register (privacy, cybersecurity, AI documents) · primary source · Oct 7, 2026
Details
JurisdictionUnited States (federal)
RegulatorDepartment of the Treasury
LawPrivacy Act of 1974
StatusProposed
PublishedOctober 7, 2026
EffectiveNovember 6, 2026
OrganisationsDepartment of the Treasury, U.S. Department of Education
Topicsprivacy, data governance
Datapersonal, financial