NMU's Compliance Database - Northern Michigan University
Truth in Lending Act
| Reviewed By | Internal Auditor Owner |
| Regulation Reference Cite | 15 U.S.C. §§ 1601-1693r: 12 C.F.R. § 226 |
| Report Due Date (Actual) | N/A |
| Level | Requirement |
| Oversight Unit | CONTROLLERS OFFICE |
| Person Responsible | Pamela Johnson |
| Secondary Person Responsible | Jamie Beauchamp |
| President / VP Level | Finance |
| Description |
Requires disclosure statements for loans and credit plans, but exempts Perkins Loans and Federal Family Education Loans. Loans made, insured or guaranteed pursuant to programs authorized by Title IV are exempt. |
| Contacts and Data Sources |
| TBD |
| Internal Notes |
| This compliance item has notes that are available internally to the oversight unit. Please contact the Risk Management Department for more information |