No action will be taken by financial aid staff that is for their personal benefit
or could be perceived to be conflict of interest.
Employees within the financial aid office will not award aid to themselves or their
immediate family members. Staff will reserve this task to an institutionally designated
person, to avoid the appearance of a conflict of interest.
The preferred lender list is compiled without prejudice and for the sole benefit of
the students attending the institution. The information included about lenders and
loan terms will be transparent, complete, and accurate. The complete process through
which preferred lenders are selected will be fully and publically disclosed. Borrowers
will not be auto-assigned to any particular lender.
A borrower鈥檚 choice of a lender will not be denied, impeded, or unnecessarily delayed
by the institution, even if that lender is not included on the institution鈥檚 preferred
lender list.
No amount of cash, gift, or benefit in excess of a de minimis amount shall be accepted
by a financial aid staff member from any financial aid applicant (or his/her family),
or from any entity doing business with or seeking to do business with the institution
(including service on advisory committees or boards beyond reimbursement for reasonable
expenses directly associated with such service).
Information provided by the financial aid office is accurate, unbiased, and does not
reflect preference arising from actual or potential personal gain.
NDNU financial aid offer and/or other institutionally provided materials include the
following:
A breakdown of individual components of NDNU鈥檚 Cost of Attendance, designating all
potential billable charges
Clear identification and proper grouping of each type of aid offered indicating whether
the aid is a grant/scholarship, loan, or work program
Standard terminology and definitions
Renewal requirements for each aid type being offered as well as next steps and financial
aid office contact information
All required consumer information is displayed in a prominent location on NDNU web
site(s) and in any printed materials, easily identified and found, and labeled as
鈥淐onsumer Information.鈥�
Financial aid staff will disclose to NDNU any involvement, interest in, or potential
conflict of interest with any entity with which NDNU has a business relationship.