In accordance with the Higher Education Opportunity Act (HEOA) of 2008 and applicable federal regulations governing private education loans, the Center for Allied Health Education (CAHE) has adopted the following Code of Conduct for its officers, employees, and agents involved in student financial aid and educational loan administration.
Preferred Lender Arrangements
CAHE does not maintain a preferred lender list or enter into business arrangements with lenders for the purpose of processing private education loans. While multiple lenders may be contacted regarding private loan options, recommendations are based solely on lender availability and willingness to serve CAHE students.
For current private lenders identified for CAHE students, see Alternative Loan Lenders and the Preferred Lender List 2026.
Revenue-Sharing Prohibition
CAHE shall not enter into any revenue-sharing arrangement with any lender. This includes any agreement under which a lender provides private education loans to CAHE students in exchange for fees, profit sharing, or other material benefits provided to the institution or its officers, employees, or agents.
Gifts from Lenders
Financial aid personnel and other employees or agents with responsibilities related to educational loans are prohibited from soliciting or accepting gifts from lenders, guarantors, or loan servicers.
For purposes of this policy, a gift includes any gratuity, favor, discount, entertainment, hospitality, loan, or other item of monetary value beyond a de minimis amount.
The following are not considered prohibited gifts:
- Standard loan-related brochures, workshops, or training materials.
- Food, informational materials, or training provided as part of professional development activities.
- Favorable loan terms available to institution employees that are also available to all students.
- Entrance or exit counseling services that remain under institutional control and do not promote a specific lender.
- Philanthropic contributions unrelated to educational loans.
- State-sponsored grants, scholarships, or financial aid funds.
Consulting and Compensation Restrictions
No financial aid employee, officer, or agent may accept any fee, payment, or financial benefit from a lender or lender affiliate in exchange for consulting services or other arrangements related to educational loans.
Advisory Board Participation
Employees who serve on advisory boards, commissions, or similar groups established by lenders or guarantors may not receive compensation or anything of value for such service.
However, reimbursement for reasonable expenses incurred in connection with board participation is permitted.
CAHE will annually report any such reimbursements to the U.S. Department of Education, including:
- The amount reimbursed;
- The name of the employee receiving the reimbursement; and
- A brief description of the activity for which the reimbursement was provided.
Policy Purpose
This Code of Conduct is intended to ensure that all financial aid decisions are made solely in the best interests of students and their families, free from conflicts of interest or improper influence from lenders, guarantors, or loan servicers.