Code of Conduct Code of Conduct

Marywood University is committed to providing students and their families with the best information and processing alternatives available regarding student borrowing. In support of this and in an effort to rule out any perceived or actual conflict of interest between Marywood University officers, employees or agents and education loan lenders, Marywood University, hereinafter referred to as the UNIVERSITY, has adopted the following standards of conduct in regards to Private Education Loan Programs:

  • The University does not participate in any revenue-sharing arrangements with any lender.

  • The University does not permit any officer, employee or agent of the school who is employed in the financial aid office or is otherwise involved in the administration of education loans to accept any gifts of greater than a nominal value from any lender, guarantor or servicer. 

  • The University does not permit any officer, employee or agent of the school who is employed in the financial aid office or is otherwise involved in the administration of education loans to accept any fee, payment or other financial benefit (including a stock purchase option) from a lender or affiliate of a lender as compensation for any type of consulting arrangement or contract to provide services to a lender or on behalf of a lender relating to education loans. 

  • The University does not permit any officer, employee or agent of the school who is employed in the financial aid office or is otherwise involved in the administration of education loans to accept any compensation from a lender, guarantor, or group of lenders and/or guarantors in exchange for service on an advisory board, commission or other group established by such a lender and/or guarantor. The University will, however, allow for the reasonable reimbursement of expenses associated with participation in such boards, commissions or groups by lenders, guarantors, or groups of lenders and/or guarantors. 

  • The University does not assign a lender to any first-time borrower through financial aid packaging or any other means. 

  • The University recognizes that a borrower has the right to choose any lender from which to borrow to finance his/her education. The University, then, will not refuse to certify or otherwise deny or delay certification of a loan based on the borrower's selection of a lender and/or guarantor. 

  • The University will not request or accept any offer of funds to be used for private education loans to students from any lender in exchange for providing the lender with a specified number or volume of Private Education Loans.

  • The University will not request or accept any assistance with call center or financial aid office staffing which is provided by a Private Education Loan entity.