Loans Code of Conduct
Committed to fair and ethical lending practices
By the book, for your betterment
Academy College maintains the highest standards of professional conduct. Our financial aid team operates within a sound framework that guides their everyday administration of student financial aid.
Academy College does not have any revenue-sharing arrangements with lenders.
Academy College does not delay any loan certifications based on a student’s choice of lenders.
Academy College bans the offer of funds for private loans to students in exchange for providing concessions or promises to the lender for a specific number of FSA loans, a specified loan volume, or a preferred lender arrangement.
Academy College will not accept any items from a lending institution in exchange for an advantage sought by the lending institution.
Academy College employees are prohibited from taking anything of more than nominal value from any lending institution. This includes a prohibition on trips for financial aid officers and other college officials paid by lenders.
Academy College employees are prohibited from receiving anything of value for serving on the advisory board of any lending institution.
Academy College will ensure that employees of lenders never identify themselves to students as employees of the college. No employee of a lender may ever work in or provide staffing assistance to Academy College in its financial aid office.
Academy College’s logo will not be used by a lender in its marketing materials provided to students.
Academy College employees are not able to accept compensation for any type of consulting arrangement or contract to provide services to or on behalf of a lender relating to education loans.
Academy College employees cannot accept compensation for service on an advisory board, commission, or group established by lenders or guarantors, except for reimbursement for reasonable expenses.
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