Code of Ethics
We are members of the National Association of Student Financial Aid Administrators ("NASFAA"), the Southwestern Association of Student Financial Aid Administrators and the Louisiana Association of Student Financial Aid Administrators.
All of our actions are bound by NASFAA's Statement of Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals. This updated statement was released by NASFAA on May 31, 2007.
Recent media reports have highlighted allegations of an array of problems in the student loan industry. Many families do choose to utilize federal and private, alternative loans to help with the cost of financing post-secondary education. Most of the problems highlighted in the media concern private, rather than federal student loans.
Staff in the Office of Scholarships and Financial Aid have always attempted to act in the best interest of our students and their families. In response to mandates outlined in the Higher Education Opportunity Act of 2008, we have adopted a Code of Conduct to define our relationship with student loan providers.The following links are provided to supplement information for families concerned about this story:
- Overview of Student Loan Programs- FinAid was established in the fall of 1994 as a public service. This award-winning site has grown into the most comprehensive source of student financial aid information, advice and tools -- on or off the web.
- Illegal Inducements and Preferred Lender Lists
- Tips on Choosing A Lender
- Higher Ed Watch maintains an online archive of news stories on this important issue. We want our students to be informed consumers.
Responsible borrowing
We have links to a number of online financial literacy resources to help students learn how to become responsible borrowers. For more information check the Financial Literacy sections for undergraduates, graduate and professional students and young alumni.
For more Information
Families can find more detailed information on the loan application process in the Loans section on our web site for Undergraduate students, Graduate and Professional students, Evening students and Law students .
Updated November 19, 2009
