Brittany Beauty School recognizes that ensuring the integrity of the student
financial aid process is critical to providing fair and affordable access to higher education in New York.
Therefore, the School has formalized the following guiding principles that shall be effective immediately
and must be adopted by each School location. These guidelines are designed to avoid any potential for a conflict
of interest between Brittany Beauty School, its students or their parents in the student financial aid process.
Accordingly, each location shall take all reasonable steps to adhere to the following principles in the Schools
financial aid operations:
1. All Brittany Beauty School employees should receive no personal benefit.
No officer, trustee or employee of Brittany Beauty School shall accept anything of more than nominal value on
his or her behalf or on behalf of another person or entity from any Lending Institution. For example, cash,
stocks, gifts, entertainment, expense-paid trips, etc. should never be accepted from a Lending Institution.
Likewise, an individual should never receive payment or reimbursement from a Lending Institution for lodging,
meals or travel to conferences or training seminars. However, an officer, trustee or employee of Brittany
Beauty School may: (a) conduct non-school business with any Lending Institution and, subject to state law,
receive value in connection with such non-school business, so long as such value is not intended to influence
the officer, trustee or employee in conducting School business; (b) conduct School business and, subject to
state law, receive value on behalf of Brittany Beauty School that is unrelated to the student loan activities
of the Lending Institution; (c) attend conferences and meetings of tax-exempt organizations that are funded or
sponsored by more than one entity and, subject to state law, receive materials, refreshments, and other things
of like value provided at such professional conferences and meetings; and, (d) hold membership in, serve on the
board of or participate in the activities of any tax-exempt organization and, subject to state law, receive
travel reimbursements and other things of like value from the tax-exempt organization for such activities.
2. Brittany Beauty School employees should not serve on lender advisory boards for remuneration.
No officer, trustee or employee of Brittany Beauty School who makes financial aid decisions for Brittany Beauty School or who is employed in, supervises or otherwise has responsibility or authority over Brittany Beauty School's financial aid office shall receive any remuneration for serving as a member or participant of an student loan advisory board of a Lending Institution or any reimbursement of expenses for such service. Any officer, trustee or employee of Brittany Beauty School who serves as a member or participant of a Lending Institution board shall recuse himself or herself from any board discussions regarding Brittany Beauty School's financial aid operations.
3. Brittany Beauty School should not provide any advantage to a Lending Institution.
Brittany Beauty School shall not accept anything of value from any Lending Institution in exchange
for any advantage or consideration provided to the Lending Institution related to its student loan
activities, including but not limited to revenue-sharing, printing costs or below-cost computer hardware
or software. Likewise, Brittany Beauty School shall not allow any Lending Institution to:
(a) staff Brittany Beauty School's financial aid office at any time; or
(b) communicate with Brittany Beauty School's students or their parents in such a manner as
to create the impression that the Lending Institution is an employee or agent of Brittany Beauty
School in connection with Brittany Beauty School's student financial aid operations, including
through the use of mascots, logos, etc. Finally, Brittany Beauty School shall not enter into any
agreement with a Lending Institution to provide alternative (i.e., non-federal or "opportunity")
student loan programs if the provision of such alternative loan programs prejudices other students
or parents.
4. Brittany Beauty School should make appropriate use of any Preferred Lender Lists.
If Brittany Beauty School decides to promulgate a list or lists of preferred or recommended lenders for student
loans or similar ranking or designation ("Preferred Lender List"), the selection of Lending Institutions for
inclusion on the Preferred Lender List shall be based on the best interests of Brittany
