Southern College forbids disputes of great interest because of the obligations of officers, workers, or agents regarding the university with regards to training loans for students. The faculty shall conform to, administer, enforce, publish on its prominently web site, and yearly inform officers, workers, and agents regarding the university associated with the duties with regards to training loans as previously mentioned into the Code of Conduct for Title IV Loans. For the true purpose of quality, Southern College participates within the U.S. Department of Education’s Federal Direct Student Loan Program. Consequently, no personal loan company provides Title IV loan funds to qualified pupils and/or moms and dads of qualified pupils.
The next is intended to utilize to both Title IV and personal education loans:
Ban on Revenue-Sharing Arrangements
The school shall perhaps perhaps maybe not come into any revenue-sharing arrangement with any loan provider or other merchant using the services of any one of its workplaces which are in charge of performing school funding functions. The school shall maybe maybe not accept any cost or other product advantage in return for suggesting a loan provider to its pupils.
No university officer or worker with educational funding duties shall obtain or accept something special having a financial value of significantly more than a amount that is nominal a loan provider, guarantor, or servicer of training loans. Read more