Conflicts of interest of financial aid staff

Financial aid

Conflicts of interest of financial aid staff

Employees working in the financial aid office may not engage in activities that present a conflict of interest while serving as an agent of the university administering private educational loans. Activities considered to be a conflict of interest include, but are not limited to: revenue-sharing arrangements with a lender; accepting gifts of any value from a lender, a guarantor, or a loan servicer; any contracting arrangement that provides a financial benefit from a lender or affiliate of a lender; directing borrowers to particular lenders, or refusing or delaying loan certifications; offers of funds for private loans; accepting staffing assistance for financial aid office and/or call center; and accepting compensation for participation on advisory boards. This policy does not replace or affect any other policies. For the full policy employees should refer to the Staff Handbook.