9 Indicted on Charges of Accessing Obama's Student Loan Records

Nine people have been indicted in federal court on charges they accessed President Obama's student loan records while they were employed for a Department of Education contractor in Iowa.

The U.S. attorney's office says a grand jury returned the indictments Wednesday in U.S. District Court in Davenport.

The nine individuals are charged with exceeding authorized computer access.

They are accused of gaining access to a computer at a Coralville, Iowa, office where they worked between July 2007 and March 2009, and accessing Obama's student loan records while he was either a candidate for president, president-elect or president.

Arraignments are scheduled for May 24.

The charge is punishable by up to one year in prison and a fine of up to $100,000.