Brooks Institute recognizes that ensuring the integrity of the student financial aid process is critical to providing students fair and affordable access to higher education. In furtherance of that goal, Brooks Institute has promulgated the following HEOA Code of Conduct which prohibits activities which may create conflicts of interest in the student financial aid process between, on the one hand, Brooks Institute, and, on the other, its students and their parents. This Code is in accordance with the requirements of the federal Higher Education Opportunity Act of 2008, and incorporates all terms, definitions, exceptions and conditions set forth in the HEOA. In addition to the HEOA, Brooks Institute, under previous owner Career Education Corporation, agreed in April 2007 to comply with a Code of Conduct promulgated by the Offices of the Attorneys General of the States of New York and Illinois. The following Code is intended to be consistent with the State Codes and Brooks Institute intends to continue to meet their obligations under the State Codes as well as this Code.
Accordingly, Brooks Institute shall take all reasonable steps to adhere to, at minimum, the following principles in their financial aid operations:
- Brooks Institute will not enter into any revenue-sharing arrangement with any lender.
- No officer or employee of Brooks Institute who is employed in the financial aid office or who otherwise has responsibilities with respect to education loans, or agent who has responsibilities with respect to education loans, will solicit or accept any gift from a lender, guarantor or servicer of education loans.
- No officer or employee who is employed in the financial aid office of Brooks Institute or who otherwise has responsibilities with respect to education loans, or an agent who has responsibilities with respect to education loans, will accept from any lender or affiliate of any lender any fee, payment, or other financial benefit (including the opportunity to purchase stock) as compensation for any type of consulting arrangement or other contract to provide services to a lender or on behalf of a lender relating to education loans.
- Brooks Institute will not:
- for any first time borrower, assign, through award packaging or other methods, the borrower’s loan to a particular lender; or
- refuse to certify, or delay certification of, any loan based on the borrower’s selection of a particular lender or guaranty agency.
- Brooks Institute will not request or accept from any lender any offer of funds to be used for private education loans, including funds for an opportunity pool loan, to students in exchange for the institution providing concessions or promises regarding providing the lender with:
- a specified number of loans made, insured or guaranteed;
- a specified loan volume of such loans; or
- a preferred lender arrangement for such loans.
- Brooks Institute will comply with all applicable federal and state requirements relating to the use of preferred lender lists or arrangements.
- Brooks Institute will not request or accept from any lender any assistance with call center staffing or financial aid office staffing.
- Any employee of Brooks Institute who is employed in the financial aid office, or who otherwise has responsibilities with respect to education loans or other student financial aid, and who serves on an advisory board, commission or group established by a lender, guarantor, or group of lenders or guarantors, is prohibited from receiving anything of value from the lender, guarantor, or group of lenders or guarantors, except that the employee may be reimbursed for reasonable expenses incurred in serving on such advisory board, commission or group.
- Brooks Institute will administer and enforce this Code of Conduct by, at a minimum, requiring that all of its agents with responsibilities with respect to education loans be annually informed of the provisions of this Code of Conduct.
Financial aid is available for those who qualify.
Please note that not all programs are available at all locations.