Student Loan Code of Conduct
Introduction and Purpose
Cornell University (“Cornell”) seeks to ensure students receive unbiased information about their student loan options, maintain freedom in their choice of lenders, and benefit from transparent institutional practices that meet or exceed all federal and state regulatory requirements.
With respect to private education loan options, Cornell also seeks to help students and their families identify the most competitive and reliable lenders whenever such loans are considered. Private education loans are non-federal student and parent loans offered by banks, credit unions, and other financial institutions. Unlike federal student loans, private education loans are offered with varying terms, rates, and benefits determined by the lender.
This Code of Conduct summarizes ethical standards which ensure transparency, protect student interests, and prevent conflicts of interest. This code applies to all Cornell employees involved in private education loan processes, information sharing, or student counseling.