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What does FERPA stand for?

Is FERPA a law

The Family Educational Rights and Privacy Act of 1974 (FERPA) also known as, the Buckley Amendment is a federal law designed to protect the privacy of education records, to establish the right of students to inspect and review their education records, and to provide guidelines for the correction of inaccurate and misleading data through informal and formal hearings. The Act applies to all institutions that are recipients of federal aid administered by the Secretary of Education. Students who are currently enrolled or formerly enrolled regardless of their age or financial dependency status are protected under FERPA. For more information, read the CUNY FERPA Notification to Students.