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Code of Conduct for Educational Loans

No officer or employee of the JCCC financial aid office, or an employee or agent who otherwise has responsibilities with respect to education loans, shall solicit or accept gifts from a lender, guarantor, or servicer of education loans. For purposes of this policy, a gift to a family member of an officer or employee or to any other individual based on that individual’s relationship with the officer or employee, shall be considered a gift to the officer or employee if the gift is given with the knowledge and acquiescence of the officer or employee and the officer or employee has reason to believe the gift was given because of the official position of the officer or employee.

No officer or employee of the JCCC financial aid office, or employee or agent who otherwise has responsibilities with respect to education loans, shall accept from a lender or an affiliate of any lender, any fee, payment, or other financial benefit as compensation for any type of consulting arrangement or contract to provide services to or on behalf of a lender relating to education loans.

The College shall not assign, through the financial aid packaging or other methods, a first-time borrower’s loan to a particular private lender. In addition, the University shall not refuse to certify, or delay the certification, of any loan based on the borrower’s selection of a particular lender or guaranty.

The College shall not request or accept from any lender any offer of funds for private loans, including funds for an opportunity pool loan, to students in exchange for providing concessions or promises to the lender for a specific number of federal loans made, insured, or guaranteed, a specified loan volume, or a preferred lender arrangement.