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U.S. Consumer Privacy Notice



FACTS

WHAT DOES Alaska Commission on Postsecondary Education/Alaska Student Loan Corporation DO WITH YOUR PERSONAL INFORMATION?


Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.


What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Social Security Number and Account Transactions
  • Account Balances and Payment History
  • Transaction History and Credit History

When you are no longer our customer, we continue to share your information as described in this notice.


How?

All financial companies need to share nonpublic personal information to run their everyday business. In the section below, we list the reasons financial companies can share their nonpublic personal information; the reasons ACPE & ASLC chooses to share, and whether you can limit this sharing.


 

Reasons we can share your personal information Does ACPE/ASLC Share? Can you limit this sharing?

For our everyday business purposes –
Such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

Yes No

For our marketing purposes –
to offer our products and services to you

No We don’t share
For joint marketing with other financial companies No We don’t share

For our affiliates’ everyday business purposes –
Information about your transactions and experiences

No We don’t share

For our affiliates’ everyday business purposes –
Information about your creditworthiness

No We don’t share
For nonaffiliates to market to you No We don’t share

 

Questions?

 

 Call 800-441-2962 (In Juneau: 465-2962) or go to www.acpe.alaska.gov

 

Who we are

Who is providing this notice?  Alaska Commission on Postsecondary Education (ACPE) / Alaska Student Loan Corporation (ASLC)


What we do

How does ACPE/ASLC

protect my personal information?

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

ACPE may record telephone calls made to or from customers as part of our quality control, staff training, and compliance programs.

How does ACPE/ASLC

collect my personal information?

We collect your personal information, for example, when you

  • Apply for loans or cosign for a loan
  • Make a payment or apply for loan servicing options
  • We also collect your personal information from others such as government agencies, credit bureaus and higher education institutions.
Why can’t I limit all sharing?

Federal law gives you the right to limit only

  • Sharing for affiliates’ everyday business purposes–information about your creditworthiness
  • Affiliates from using your information to market to you
  • Sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.

 

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • ACPE/ASLC has no affiliates

Nonaffiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Organizations providing ACPE with services related to your account, such as schools; credit bureaus; guaranty, collection and government agencies; and contracted service providers.
Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • ACPE does not jointly market

 

Other important information

ACPE shares information about you as allowed by law, to perform business functions and provide you with appropriate levels of service. We disclose your nonpublic personal information only for legitimate business purposes and in compliance with applicable laws and regulations.

For more information, contact:

Alaska Commission on Postsecondary Education/Alaska Student Loan Corporation
P.O. Box 110505
Juneau, AK 99811-0505
(800) 441-2962, in Juneau, 465-2962

Rev. 3/2013