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ÐÔÊÀ½ç´«Ã½ Student Lending Code of Conduct

ÐÔÊÀ½ç´«Ã½ is committed to providing students and their families with the best financial aid information and processing alternatives available regarding student borrowing. In support of this and in an effort to rule out any perceived or actual conflict of interest between ÐÔÊÀ½ç´«Ã½ officers, employees or agents and education loan lenders, ÐÔÊÀ½ç´«Ã½ has adopted the following Code of Conduct:

• ÐÔÊÀ½ç´«Ã½ does not participate in any revenue-sharing arrangements with any lender.
• ÐÔÊÀ½ç´«Ã½ does not permit any officer, employee or agent of the school who is employed in the financial aid office or is otherwise involved in the administration of education loans to accept any gifts of greater than a nominal value from any lender, guarantor or servicer.
• ÐÔÊÀ½ç´«Ã½ does not permit any officer, employee or agent of the school who is employed in the financial aid office or is otherwise involved in the administration of education loans to accept any fee, payment or other financial benefit (including a stock purchase option) from a lender or affiliate of a lender as compensation for any type of consulting arrangement or contract to provide services to a lender or on behalf of a lender relating to education loans.
• ÐÔÊÀ½ç´«Ã½ does not permit any officer, employee or agent of the school who is employed in the financial aid office or is otherwise involved in the administration of education loans to accept any thing of value from a lender, guarantor, or group of lenders and/or guarantors in exchange for service on an advisory board, commission or other group established by such a lender, guarantor group of lenders and/or guarantors. ÐÔÊÀ½ç´«Ã½ does allow for the reasonable reimbursement of expenses associated with participation in such boards, commissions or groups by lenders, guarantors, or groups of lenders and/or guarantors.
• ÐÔÊÀ½ç´«Ã½ does not assign a lender to any first-time borrower through financial aid packaging or any other means.
• ÐÔÊÀ½ç´«Ã½ recognizes that a borrower has the right to choose any lender from which to borrow to finance his/her education. ÐÔÊÀ½ç´«Ã½ will not refuse to certify or otherwise deny or delay certification of a loan based on the borrower’s selection of a lender and/or guarantor.
• ÐÔÊÀ½ç´«Ã½ will not request or accept any offer of funds to be used for private education loans to students from any lender in exchange for providing the lender with a specified number or volume of Title IV loans, or a preferred lender arrangement for Title IV loans.
• ÐÔÊÀ½ç´«Ã½ will not request or accept any assistance from any lending institution with call center or financial aid office staffing.
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Financial Aid Priority Dates & FAFSA

All students seeking to establish eligibility for federal and state financial aid (grants and/or loans) should file the
Free Application for Federal Student Aid by (FAFSA) by June 30th annually at:Ìý

Renewal Applicants must file the FAFSA by May 1st in order to meet the PHEAA PA State Grant deadline for the subsequent award year

New Students must file the FAFSAÌý by August 1st in order to meet the PHEAA PA State Grant deadline for the subsequent award year

Financial Aid Contacts

Bobbie Flucker
Financial Aid Administrator
School Certifying Official for Veterans Educational Assistance
bflucker@triangle-tech.edu
(412) 359-1000

Michael Huber
Financial Aid Administrator
School Certifying Official for Veterans Educational Assistance
mhuber@triangle-tech.edu
(610) 266-2910

Michelle Jashinski
Financial Aid Administrator)
School Certifying Official for Veterans Educational Assistance
mjashinski@triangle-tech.edu

Catherine A. Waxter
Executive Director of Financial Aid
School Certifying Official for Veterans Educational Assistance
Point of Contact for Fostering Independence Through Education Waiver Program
Point of Contact for Department of Defense (DOD) Tuition Assistance (TA)
cwaxter@triangle-tech.edu
(724) 832-1050

Additional Cost of Attendance Information

The financial aid office uses an estimate of direct and indirect costs to determine each student’s financial aid eligibility. Direct costs include tuition, fees, books, supplies, and tools. Indirect costs include estimates of other living expenses, such as personal, transportation, and food and housing expenses. Examples of the cost of attendance information estimates used can be found by clicking here.

Default Rates

The U.S. Department of Education annually publishes the official cohort default rates for domestic and foreign schools with 30 or more student borrowers who enter into repayment status on their loan(s) in a federal fiscal year. The federal fiscal year begins October 1 and ends September 30.

A cohort, in regard to student loans, is all of a college's current and former students who, during a fiscal year, enter into repayment status of any Direct Subsidized Loan, Direct Unsubsidized Loan, or Federal Stafford Loan they received to attend college.

An Institutions federal student loan Official Cohort Default Rate is the number of students in a cohort who default on their loans during a fiscal year, divided by the total number of students in the cohort.

The Official Cohort Default Rate is calculated by monitoring the cohort of students who enter repayment status for three years.ÌýThe number of students who enter into a default status during those three years becomes the numerator, and the total number of cohort students becomes the denominator, resulting in a percentage.

The latest reported Official Cohort Default Rate period is for FY2020 whereby the Numerator and Denominator are as follows:

Numerator = Total number of students who enter repayment status in the fiscal year 2020 AND default in fiscal years 2020, 2019, and 2018
Denominator = Total number of borrowers who enter repayment status during the fiscal year 2020 and the preceding 2019 and 2018 fiscal years

The National Official Cohort Default Rate for FY2020 is 0%.

ÐÔÊÀ½ç´«Ã½ Official Cohort Default Rates for FY2020 are:
OPEID #007839 FY2020 Official Default Rate is 0% (ÐÔÊÀ½ç´«Ã½ – Pittsburgh & ÐÔÊÀ½ç´«Ã½ – Chambersburg)
OPEID #021290 FY2020 Official Default Rate is 0% (ÐÔÊÀ½ç´«Ã½ – Greensburg & ÐÔÊÀ½ç´«Ã½ – Bethlehem)
OPEID #021744 FY2020 Official Default Rate is 0% (ÐÔÊÀ½ç´«Ã½ – Falls Creek & ÐÔÊÀ½ç´«Ã½ – Sunbury)