麻豆视频 Office of Student Financial Planning
Code of Conduct Policy
The Higher Education Opportunity Act sets conditions for educational institutions to participate in Title IV programs and requires the development of and compliance with a code of conduct prohibiting conflicts of interest for its financial aide personnel [HEOA 487 (a)(25)]. 麻豆视频鈥檚 officers, employees and agents are required to comply with this code of conduct. The following specific provisions bring 麻豆视频 into compliance with the federal law [HEOA 487(e)].
- Neither the University, not its employees shall not enter into any revenue-sharing arrangement with any lender.
- No officer or employee of 麻豆视频, who is employed in the financial aid office or who otherwise, has responsibilities with respect to education loans, or agent, who has responsibilities with respect to education loans, or any of their family members, shall solicit or accept any gift from a lender, guarantor, or servicer of education loans. For purposes of this prohibition, the term 鈥済ift鈥 means any gratuity, favor, discount, entertainment, hospitality, loan, or other item having a monetary value of more than a de minimus amount.
- An officer or employee who is employed in the Financial Aid Office of the University or who otherwise has responsibilities with respect to education loans, or an agent who has responsibilities with respect to education loans, shall not accept from any lender or affiliate of any lender any fee, payment, or other financial benefit (including the opportunity to purchase stock) as compensation for any type of consulting arrangement or other contract to provide services to a lender or on behalf of a lender relating to education loans.
- The University shall not for any first-time borrower, assign, through award packaging or other methods, the borrower鈥檚 loan to a particular lender; or refuse to certify, or delay certification of, any loan based on the borrower鈥檚 selection of a particular lender or guaranty agency.
- The University shall not request or accept from any lender any offer of funds to be used for private education loans (as defined in section 140 of the Truth in Lending Act), including funds for an opportunity pool loan, to students in exchange for the University providing concessions or promises regarding providing the lender with:
- a specified number of loans made, insured, or guaranteed under this title;
- a specified loan volume of such loans; or
- a preferred lender arrangement for such loans
- The University shall not request or accept from any lender any assistance with call center staffing or Financial Aid Office staffing.
Assistance will be permitted for the following instances:
- Professional development training for financial aid administrators;
- Providing educational counseling materials, financial literacy materials, or debt management materials to borrowers, provided that such materials disclose to borrowers the identification of any lender that assisted in preparing or providing such materials; or
- Staffing services on a short-term, nonrecurring basis to assist the University with financial aide-related functions during emergencies, including State-declared or federally declared natural disasters, and other localized disasters and emergencies identified by the Secretary of Education.
- Any employee who is employed in the Financial Aid Office, or who otherwise has responsibilities with respect to education loans or other student financial aid of the University, and who serves on an advisory board, commission, or group established by a lender, guarantor or group of lenders or guarantors, shall be prohibited from receiving anything of value from the lenders, guarantor, or group of lenders or guarantors, except that the employee may be reimbursed for reasonable expenses incurred in serving on such advisory board, commission, or group.
In addition to the items above, as a member of the National Association of Student Financial Aide Administrators (NASFAA), the University also follows the standards established in NASFAA鈥檚 Statement of Ethical Principles and Code of Conduct for Institutional Financial Aide Professionals.
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