Many colleges, departments, and offices maintain files, both electronic and paper, of personal biographical, academic, health, financial, and admission records. These records may also include personal billing information, Perkins loans records, student institutional loans, and personal correspondence with employees, students, and parents. Policies to ensure compliance with Gramm-Leach-Bliley Act, Family Educational Rights and Privacy Act (FERPA), and Payment Card Industry security standards (PCI), system and application security, and internal control procedures provide an environment where identity theft opportunities are mitigated. Personal financial records are safeguarded to ensure the privacy and confidentiality of student, parents, alumni, and employees.