What is a record retention period?
A record’s retention period is the length of time a record must be kept. Retention period is based on the purposes for which the record was created, legal or contractual requirements/agreements, fiscal or administrative requirements of the University and/or interested external agencies, and the criticality of the data on the record.
Related Questions
- What is the minimum record retention period for a schools documentation of compliance with entrance or exit counseling requirements for a particular student loan borrower?
- How does the record retention period apply to a situation where a bank sells a loan but retains the servicing rights to the loan?
- What is the record retention period for the BBA?
