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Longwood officials flag national fraud targeting student loans and accounts; minor local effects reported
Summary
University leadership told Longwood's Board on June 5 that a national wave of fraud affecting student loans and accounts is impacting many campuses, with only minor effects reported so far at Longwood; the board discussed monitoring and mitigation steps.
President W. Taylor Reveley IV alerted the Executive Committee to a national increase in fraudulent activity involving student loans and accounts, and he said Longwood has experienced only minor effects to date. The committee heard that university staff are monitoring the situation and that the issue is part of broader risk and compliance discussions.
Board members discussed the reported incidents in the national higher-education context and how to assist students and protect accounts. The minutes do not record specific mitigation measures or new policies adopted at the meeting, only that the matter was raised as a concern by administration.
