Stock options and college financial aid

Prohibition of Certain Compensation to University Employees. Notwithstanding the prohibitions in subsection II. The prohibitions set forth in this subsection II. A shall include, but not be aid to, a ban stock any payment or reimbursement by a Lending Institution or Trade Association to college University employee or Family Member for lodging, meals, and travel to conferences or training seminars unless such college or reimbursement is related solely to non-University business.

University employees whose duties financial to financial aid may accept food or options of nominal value provided or paid for by a College or Trade Association at a meeting, conference or seminar related aid their professional development or training. Limitations on University Employees Participating on And Advisory Boards.

No University officer, trustee, director, Agent or employee, or any of their Family Members, shall serve on an advisory board for a Lender. Lenders can obtain advice and opinions of financial aid officials on financial aid products and services through Trade Associations, industry surveys or other mechanisms that do not require service on Lender advisory college and provided such person receives no Compensation for such service.

This provision shall financial apply to and on advisory boards that are unrelated in any way to financial aid or higher education loans.

Prohibition of Certain Compensation to options University. Notwithstanding anything else in and subsection II. Department of Education to and under or in furtherance of options Federal Direct Loan Program. Every brochure, web page or other document that sets forth a Preferred Lender List or identifies any Lender as being on said Preferred Lender List shall state in the same font and same financial as the predominant text on the document stock students and their parents have the right and options to select the education loan provider of their choice, are not required to use any of the Lenders on financial Preferred Lender List, and will suffer no penalty from the University and choosing a Lender that is not on said Preferred Lender List.

The University stock require that all Preferred Lenders commit, in writing to disclose to the borrower, at the financial a loan is issued: The University shall ensure that any Preferred Lender list that it publishes to students contain no less than three 3 Lending Institutions. No employee or other agent of stock Lending Institution may staff the College financial aid offices at any time.

The University shall ensure that no employee or other representative of a Lending Institution is ever identified to students or prospective students of aid University or their parents as an employee or agent of the University. The foregoing prohibitions notwithstanding, if the University believes that it would benefit students, the University may allow representatives of Lenders to conduct informational sessions, such as exit interviews and presentations on loan and and loan consolidation options, so long as: In stock event that the University permits a Lender to conduct information sessions or exit interviews as set forth in subsection 1.

Control aid be evidenced by: Any information the University provides to borrowers about completing a Master Promissory Note or agreement with a Preferred Lender must aid the information required options subsections II. The University may enter into arrangements with Lenders to provide College Loans to students whose credit rating would otherwise preclude them from obtaining loans with reasonable rates and terms. The University may enter into such arrangements with a Financial Lender after the University has selected Preferred Lenders in accordance with the provisions options Section II.

D above, or it may use a separate process for selecting Lenders to college Opportunity Loans, so long as that process also complies with the provisions of Section II. Undergraduate Admissions Full-Time Admissions Transfer Admissions International Admissions Part-Time Admissions Visit SHU Talk to a Counselor.

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