Code of Conduct
Staff members in the Office of Scholarships and Financial Aid have always been bound to act in compliance with the vision outlined in our Mission Statement and 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. Gifts include meals, travel, lodging, entertainment, and in-kind services (such as printing customized consumer information for borrowers with the school's logo).
- Staff can participate in meals, refreshments, and receptions in conjunction with 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 a quarter.
- Interested Lender representatives are invited to speak at staff meetings during the late fall and winter to provide updated information on their programs for families.
- 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 can not accept supplemental employment with lenders that creates any potential "conflict of interest" with the operations of the Office of Scholarships and Financial Aid.
- Staff members shall not accept any remuneration or 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.
- Loyola University New Orleans does not currently require staff to complete and submit financial disclosure forms as a condition of employment. All staff members in the Office of Scholarships and Financial Aid 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.
Lender Participation in On-Campus Special Events
As a service to our families, we have historically invited - as space is available - representatives from the student lending community as well as the Louisiana TOPS Program to participate in the President's Open House. Our parents have indicated that they appreciate the opportunity to speak with a "real person" about questions that they have. These special events are not housed within the Office of Scholarships and Financial Aid AND the lenders are always clearly identified. We believe that continuing this program provides families with the opportunity to gather additional information which helps them become better consumers.