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The United States Congress passed the Family Educational Rights and Privacy Act (FERPA) in 1974 to afford certain rights to students concerning their education records. The primary rights afforded to students who attend a postsecondary school such as Brigham Young University are the right to inspect and review their education records, the right to seek to have their records amended and the right to have some control over the disclosure of information from the records.
LDS Business College may not disclose information contained in education records without the student's written consent except under certain limited conditions.

A note regarding the video:

BYU has graciously allowed us to make use of their FERPA training video, so although the following video refers to BYU extensively in relation to FERPA policies, the same information generally applies to LDS Business College as well as LDS Business College students and only differs in some of the particulars.