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Student Loan Code of Conduct

In compliance with the Student Loan Code of Conduct requirements outlined in the Higher Education Opportunity Act of 2008, Delta State University Financial Aid Office prohibits all of the following:

  • Assigning a lender to a borrower or refusing to certify a loan for a borrower’s choice of lender or guarantor
  • Accepting from lenders any staffing assistance for the financial aid office
  • Revenue sharing agreements with lenders
  • Conflicts of interest
  • Accepting gifts above a nominal value from lenders or guarantors
  • Accepting private loans conditioned on the used of a lender’s Title IV loans
  • Contracting arrangements with a lender that provides compensation to school students

For the following purposes, it is not considered a "gift" to the school for a lender or guarantor to provide:

  • Standard materials, activities or programs on issues related to a loan, default aversion, default prevention or financial literacy (i.e. brochurers, workshops, training)
  • Food, refreshments, training or infromational material that is designed to improve the service of a lender, guarantor, or servicer if the training contributes to the professional development of the school staff
  • Favorable terms, conditions and borrower benefits, as long as these are provided to all students at the school
  • Entrance and exit counseling services, as lona as the school controls the counseling and does not promote the products and services of the lender
  • Philanthropic contributions not tied to loan volume