Ban on Financial Ties
Lenders are prohibited from giving anything of value to any college in exchange for any advantage sought by the lender. This severs any inappropriate financial arrangements between lenders and schools and specifically prohibits revenue sharing arrangements.
Ban on Payments for Preferred Lender Status
Lenders may not pay or give colleges any financial benefits whatsoever to get on a colleges preferred lender list.
Gift and Trip Prohibition
Lenders are prohibited...Read more:Student Loan Code of Conduct
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