Financial Aid Code of Conduct

Geneva College:

• Does not limit the choice of lenders that students or parents may use.
• Does not accept funds from lenders to create “opportunity pool” loans.
• Does not solicit or accept anything of value from any lender in exchange for any advantage sought by the lender to make educational loans to students enrolled at, or admitted to, Geneva College.
• Prohibits employees of the Student Financial Services office, or any employee who otherwise has responsibilities with respect to educational loans, from taking any gift worth more than nominal value from any lender.
• Prohibits employees of the Student Financial Services office, or any employee who otherwise has responsibilities with respect to educational loans, from entering into any type of consulting arrangement or other contract to provide to a lender services relating to educational loans.
• Prohibits employees of the Student Financial Services office, or any employee who otherwise has responsibilities with respect to educational loans, who serve on an advisory board (or commission or group) relating to educational loans established by a lender or group of lenders from receiving anything of value from the lender or group of lenders in connection with serving on such advisory board (or commission or group).
• Prohibits external lenders′ employees, representatives, or agents from providing staffing services to the Student Financial Services office.
• Bans the practice of providing commission, bonus or other incentive payment based directly or indirectly on securing enrollments or federal financial aid (including Tuition Assistance funds) to any persons or entities engaged in any student recruiting, admission activities, or make decisions regarding the award of student financial assistance.