Institutional Advancement and Development
• Revenue sharing arrangements with any lender.
• The solicitation or acceptance of
gifts from a lender, guarantor or servicer by anyone with
responsibilities with respect to loans at the institution.
• Receipt of any fees, payments or
other financial benefits (including a stock purchase option) by anyone
with responsibilities with respect to loans from a lender as
compensation for any type of consulting arrangement or contract to
provide services to a lender or on behalf of a lender relating to
• The assignment of a first-time
borrower’s loan to a particular lender or refusing to certify or
otherwise delay certification of any loan regardless of the lender or
guaranty agency the borrower selects.
• The acceptance of any funds to be
used for private education loans in exchange for the institution
providing concessions to the private lender.
• Requesting or accepting assistance
with call center staffing or financial aid office staffing from any
lender. Any employee with responsibilities with respect to financial
assistance at the institution who serves on an advisory board or
commission of a lender or guarantor may not accept anything of value
from the lender or guarantor except reimbursement for the reasonable
expenses of serving on the board or commission.