Financial Aid Code of Conduct

Code of Conduct:

  1. Does not require the use of suggested lenders or in any way limit the choice of lenders.
  2. Processes private loan applications through any lender a student or parent chooses.
  3. Does not solicit or accept anything of value from any lender in exchange for any advantage sought by the lender.
  4. Prohibits employees of the financial aid office from taking from any lender any gift worth more than nominal value.
  5. Prohibits employees of the financial aid office from entering into any type of consulting arrangement or other contract to provide lender services relating to educational loans.
  6. Prohibits employees of the financial aid office who serve on an advisory board (or commission or group) relating to educational loans established by a lender or a group of lenders from receiving anything of value from the lender or group of lenders in connection with serving on such advisory board (or commission or group).
  7. Prohibits external lenders' employees, representatives, or agents from providing staffing services to the financial aid office.
  8. Prohibits external lenders' employees, representatives, or agents from identifying themselves to students of the University or their parents as employees, representatives, or agents of the financial aid office.
  9. Does not request or accept any offer of funds for private educational loans in exchange for the university providing the lender with a specific loan volume.