Financial Aid Code of Conduct

Financial Aid Code of Conduct – Student  Aid and Loan Programs

The primary goal of NECC and the Financial Aid Team is to help students achieve their educational potential by providing appropriate financial resources. To this end, financial aid professionals are guided by a set of principles that serve as a common foundation for an acceptable standard of conduct. NECC and the Financial Aid Team shall:

• Maintain the highest level of professionalism
• Commit to the highest level of ethical behavior and refrain from a direct or perceived conflict of interest
• Respect the dignity and protect the privacy of students
• Ensure the confidentiality of student records and personal circumstances
• Provide information to families about lenders that have proven to provide the best combination of price, access to funds, and service to students and families

Further, NECC ensures that all officers, trustees, directors, employees or agents, and financial aid professionals adhere to the following:

• May not accept gifts, meals, travel, or any other non-trivial items from student loan providers in connection with the institution’s loan business
• May not accept, from a lending institution, money, equipment, or printing services or anything of value that may provide or suggest an advantage or grant a preferred status
• If serving as a member of a lending institution’s advisory board, may not accept anything of value in exchange for this service, such as “revenue sharing”

*Adopted from the Massachusetts Board of Higher Education Code of Conduct – Student Loan Programs