Code of Conduct

Financial Aid staff have always been bound to act in compliance with the National Association of Student Financial Aid Administrator's Statement of Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals

  • No staff member shall accept any gift worth more than $10 from a representative of a student loan provider.  The Department of Education has defined "gift" as:
    • Any gratuity, favor, discount, entertainment, hospitality, loan or other item valued at more than a de minimus amount.
    • The term includes services, transportation, lodging or meals, whether provided in kind, by purchase of a ticket, payment in advance or by reimbursement.
  • Staff can participate in meals, refreshments and receptions in conjunction with professional association meetings, trainings or conference events open to all attendees.
  • Staff will place all unsolicited marketing materials (such as pens, pads and markers) received from lenders in the reception area for the use of students and parents.
  • Office visits by representatives of major lenders are normally limited to once per quarter.
  • Staff members are free to pursue part-time employment outside of their scheduled work day. However, any staff member who is approached by a lender with an offer for supplemental employment will provide full written details to his/her supervisor. Staff members cannot accept supplemental employment with a lender that creates any potential "conflict of interest" with the operations of RISD Financial Aid.
  • Staff members cannot accept any remuneration nor any expense reimbursement for serving as a member of a lender's advisory board. Staff may participate on advisory boards that are unrelated in any way to higher education loans.
  • RISD does not currently require staff to complete and submit financial disclosure forms as a condition of employment. All staff members in the Financial Aid Office will disclose to his or her immediate supervisor if an assigned task could create a perceived or real "conflict of interest" in the eyes of the public.

Staff who knowingly fail to follow these guidelines will be subject to disciplinary action.

  •  RISD does not have a revenue-sharing arrangement with any student loan provider. These agreements are prohibited.
  • Lender account representatives are not permitted to work within Student Financial Services or to pass themselves off as employees of the College.
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