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The Code of Conduct for Financial Aid prohibits:
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revenue sharing arrangements
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most lender gifts to employees of the financial aid office and their family members with certain minimal exceptions
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employees from receiving fees or other compensation for consulting with lenders
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the institution from using award packaging or other methods to assign a first - time borrower’s loan to a particular lender
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the institution from delaying or refusing to certify any loan based on the borrower’s choice of a particular lender
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the request or acceptance of any funds for private education loans in exchange for benefits to the lender, such as a preferred lender arrangement
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the institution from requesting or accepting assistance from any lender for call - center staffing or financial aid office staffing financial aid employees who serve on an advisory board for any lender from receiving any compensation or financial benefit for such service, other than reimbursement or reasonable expenses
The College annually notifies employees who have responsibility related to Title IV federal loans of the Code of Conduct for Financial Aid Personnel.
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