• Code of Conduct for Educational Loans

    Code of Conduct for Educational Loans

    Code of Conduct that prohibits a conflict of interest with the responsibilities of an (Agent) of an institution with respect to FFELP or private education loans. All agents with responsibilities for loans must be informed annually of the provisions of the code. The code of conduct must prohibit:
    •Revenue-Sharing with lender
    •Receiving gifts from lender
    •Contracting arrangements providing financial benefit from any lender
    •Directing borrowers to particular lenders.

    HEOA Sec. 493(a)(1) and HEOA Sec. 493(c)

    HEA Se 487 (a) (25)

    HEA Sec. 487 (e)