Code of Conduct for Student Loans

Concorde Career Colleges, Inc.:

  • Does not require students or parents to use particular lenders, or in any way limit the choices of lenders.
  • Processes loan applications through any lender a student or parent chooses.
  • Does not solicit or accept anything of value from any lender in exchange for any advantage sought by the lender to make federal or private student loans to students enrolled at, or admitted to, a Concorde school.
  • Prohibits employees of the financial aid office, or any employee who otherwise has responsibilities with respect to educational loans, from accepting any gift worth more than $10 from a lender.
  • Prohibits employees of the financial aid office, or any employee who otherwise has responsibilities with respect to educational loans, from entering into any type of consulting arrangement or other contract with a lender to provide services relating to educational loans.
  • Prohibits employees, representatives, or agents of lenders from providing staffing services to the financial aid office.
  • Prohibits employees, representatives, or agents of lenders from identifying themselves to students of Concorde or their parents as employees, representatives, or agents of the financial aid office.
  • Does not accept opportunity loans or funds for private loans from lenders in exchange for any advantage sought by the lender to make federal student loans to students of Concorde schools or their parents.
  • Does not assign for any first-time borrower a loan to a particular lender and does not refuse to certify or delay certification of any loan based on the borrower’s selection of a particular lender or guaranty agency.
  • Prohibits employees of the financial aid office or any employee who otherwise has responsibilities with respect to the educational loans, from serving on a lender’s advisory board or advisory council.

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