Financial Aid Code of Conduct
City College is committed to engaging in quality business practices with a reputation that values integrity, respect and truthfulness, and a strong commitment to the highest ethical standards.
The following financial aid code of conduct supplements the existing code of conduct by prohibiting specific behaviors with regard to financial aid and procurement of loans.
- No action will be taken by financial aid staff that could be perceived as a conflict of interest. Prohibited behaviors include revenue-sharing arrangements with lenders, steering borrowers towards specific lenders, and/or accepting money, gifts, or other benefits from lenders, guarantee agencies, or loan servicers.
- Financial aid staff are prohibited from accepting compensation for consulting arrangements or contracts to provide service to or on behalf of a lender; or for service on an advisory board, commission, or any group who has responsibilities with respect to education loans.