Transcript Document

National Association of Student
Financial Aid Administrators
Ethics in Financial Aid
Ethics
A set of moral principles or values, a theory
or system of moral values; the principles of
conduct governing an individual or group.
(Webster Ninth New Collegiate Dictionary)
Standards of right and wrong that prescribe
what humans ought to do, usually in terms
of rights, obligations, benefits to society,
fairness, or specific virtues.
Slide 2
Ethics
Choosing between 2 rights:
An ethical dilemma is a situation that often
involves an apparent conflict between moral
imperatives, in which to obey one would result in
transgressing another.
Slide 3
Wisdom
We do not receive wisdom. It is something
we must discover for ourselves through a
journey that no one can take for us nor
spare us. It comes from perspectives on
things.
Slide 4
Three Perspectives on
Ethics in Financial Aid
• We as educators serve a noble purpose: keeping
America strong.
• We are under constant scrutiny, serving many
masters with different expectations and different
moral imperatives.
• The moral principles or values by which we are
judged and by which we may negotiate our course
are universal and unchanging.
Slide 5
Three Perspectives on
Ethics in Financial Aid
1st Perspective:
We as educators serve a noble purpose:
keeping America strong.
Slide 6
We serve a noble purpose.
• Horace Mann, writing in the mid-1800’s,
called education, “…beyond all other
devices of human origin…the great
equalizer of the conditions of men—the
balance-wheel of the social machinery.”
Slide 7
Education: A Noble Purpose
Purposes of HE
– Create “human capital”
– Advance and disseminate
knowledge
– Promote “civic virtue”
– Enable “social mobility”
Equity and Excellence in Higher Education, Bowen, Kurzweil and
Tobin, 2005
Slide 8
Education: A Noble Purpose
Complementary Nature of Equity and
Excellence
– Schools want excellent students
– Every pool of talent is needed
– Quality of learning is enhanced by
diversity
– Democracy needs capable
participants
(Equity and Excellence in Higher Education, Bowen, Kurzweil and Tobin, 2005)
Slide 9
Education: A Noble Purpose
Institute for Higher Education Policy, 1998
• People with a college education:
– Participate more effectively in governance
– Contribute more liberally of their time and
money to community
– Consume fewer public services
– Contribute more to economic growth and
productivity, resulting in a larger economic pie
for all
Slide 10
Education: A Noble Purpose
• See Education Pays 2004: The Benefits of
Higher Education for Individuals and Society;
and Education Pays Update 2005 from
College Board’s Trends Reports
(http://www.collegeboard.com/press/article/0,,48884,00.html)
Slide 11
Education: A Noble Purpose
• We make dreams come true:
– For Individuals
– For Democracy
• We exist for public good.
Therefore…….
Slide 12
Paying for College
Is a Shared Responsibility!
Partners
Family
School
Governments
Private Sector
Slide 13
Three Perspectives on
Ethics in Financial Aid
2nd Perspective
We are under constant scrutiny,
serving many masters with different
expectations and different moral
imperatives.
Slide 14
Under Scrutiny of Many Masters
• Support for HE, Flowing from The Various
Sources, Creates Stakeholders Who:
– Have vested interests in our choices and actions
– View us from different perspectives
Slide 15
Under Scrutiny: Stakeholders
•
•
•
•
•
•
•
Students and parents
Federal Govt. (ED and Congress)
HE Authority and Legislature
School (Board, Administration, Colleagues)
Donors
Professional Associations
YOU
Slide 16
Under Scrutiny: Valuables Entrusted
• Families: lives, future, funding
• Governments: allocations, intent,
economic and social well-being
• School: operating resources (budget,
equipment, space, supplies) information,
relationships, mission, reputation, future
Slide 17
Under Scrutiny: Valuables Entrusted
• Donors: funds, beneficent intent
• Prof. Assoc.’s: mission, reputation
• You: integrity, purpose, happiness
Slide 18
“Good intentions
randomize behavior.”
Slide 19
Under Scrutiny: Eligibility Criteria
•
•
•
•
•
Financial Need
Institutional Priorities
Civic Needs
Beneficence
Achievements
Slide 20
Under Scrutiny: Roles We Perform
• Steward: cultivate and maximize resources
entrusted to us—human, financial, physical
and consumables
• Authority: share information and intent;
knowledge and values; exercise expertise,
including judgment
• Champion: “Ride for the brand”
Slide 21
Three Perspectives on
Ethics in Financial Aid
3rd Perspective
The moral principles or values by which we
are judged and by which we may negotiate
our course are universal and unchanging.
Slide 22
Moral Principles or Values
Where do we turn for guidance?
• NASFAA Statement of Ethical Principles
(http://www.nasfaa.org/annualpubs/NEthical599.ht
ml)
• The 4-H Club
“Work Ethic Guidelines” from Character Counts, LSU Ag Center
Research and Extension, Louisiana 4-H
Slide 24
NASFAA Statement of Ethical
Principles
• Make every effort to assist students with financial need.
• Ensure equity by applying all need analysis formulas
consistently.
• Respect the dignity and privacy of students.
• Do not discriminate.
• Promote the free expression of ideas and opinions respect diverse viewpoints.
• Commit to the highest level of ethical behavior and refrain
from conflict of interest.
Slide 25
Moral Principles or Values
Trustworthiness
Respect
Responsibility
Fairness
Caring
Citizenship
Slide 26
Moral Principles or Values
• Trustworthiness
– Work with little supervision, yet seek guidance
as needed.
– Be honest and reliable in all dealings.
– Refuse to steal, misuse or abuse company
time, property or equipment.
– Refuse to lie, cheat, deceive, manipulate,
exploit or take advantage of others.
Slide 27
Moral Principles or Values
• Respect
– Value and honor all people.
– Respect the dignity, privacy and freedom of all.
– Use good manners. Be courteous and polite.
– Listen to and communicate openly with others.
– Be friendly and cooperative.
Slide 28
Moral Principles or Values
• Responsibility
– Show initiative. Pay attention to detail. Pursue
excellence.
– Be loyal.
– Strive to improve abilities, learn new skills and
take on broader responsibilities.
– Be accountable. Fulfill commitments,
persevere and get the job done.
Slide 29
Moral Principles or Values
• Fairness
– Listen. Know your job. Communicate honestly.
– Consider all stakeholders and the possible
short- and long-term consequences of
decisions.
– Be free of bias, just, without favoritism or
prejudice.
– Use tact and courtesy.
– Share knowledge, ideas and skills with others.
Slide 30
Moral Principles or Values
• Caring
– Strive for harmonious, mutually beneficial
relationships.
– Show kindness and sensitivity to the feelings of
others.
– Express gratitude.
– Show personal concern for others.
– Take time to help others.
– Be kind. Be kind. Be kind.
Slide 31
Moral Principles or Values
• Citizenship
– Understand and contribute to the organization.
– Take care of equipment and resources.
– Pursue life-long learning.
– Volunteer without expectation of recognition or
reward.
– Be a role model and mentor to new employees.
Slide 32
Education: A Noble Purpose
• We make dreams come true:
– For Individuals
– For Our Nation
• We exist for public good.
Slide 33
Under Scrutiny: Roles We Perform
• Steward: cultivate and maximize resources
entrusted to us—human, financial, physical
and consumables
• Authority: share information, knowledge
and values; exercise expertise, including
judgment
• Champion: “Ride for the brand”
Slide 34
Universal and Unchanging Moral Principles
•
•
•
•
•
•
Trustworthiness
Respect
Responsibility
Fairness
Caring
Citizenship
Slide 35
Final Thoughts
Desiderata
Go placidly amid the noise and the haste,
and remember what peace there may be in silence.
As far as possible, without surrender,
be on good terms with all persons.
Speak your truth quietly and clearly;
and listen to others,
even to the dull and the ignorant;
they too have their story.
Avoid loud and aggressive persons;
they are vexations to the spirit.
Slide 36
Final Thoughts
If you compare yourself with others,
you may become vain or bitter, for always there will be
greater and lesser persons than yourself.
Enjoy your achievements as well as your plans.
Keep interested in your own career, however humble;
it is a real possession in the changing fortunes of time.
Exercise caution in your business affairs,
for the world is full of trickery.
But let this not blind you to what virtue there is;
many persons strive for high ideals,
and everywhere life is full of heroism.
Slide 37
National Association of Student
Financial Aid Administrators
For copies of the PowerPoint
Email to
[email protected]