662-252-8000 ext. 4061; or 1-888-886-8492; Fax: (662) 252-8895 
Mr. Reginald Smith, Director of Financial Aid


Please click the following for detailed information on financial aid at Rust College


In compliance with the Student Loan Code of Conduct requirements outlined in the Higher Education Opportunity Act of 2008, Rust College Financial Aid Office prohibits all of the following:

  1. Revenue sharing agreements with lenders
  2. Conflicts of interest
  3. Accepting gifts above a nominal value from lenders or guarantors
  4. Contracting arrangements with a lender that provides compensation to school staff
  5. Assigning a lender to a borrower or refusing to certify a loan for a borrower’s choice of lender or guarantor
  6. Accepting from lenders any staffing assistance for call center or financial aid office
  7. Accepting compensation for service on an advisory board, except that reasonable expenses associated with that service may be reimbursed by the lender or guarantor.

For the following purposes, it is not considered a “gift” to the school for a lender or guarantor:

  1. Standard materials, activities or programs on issues related to a loan, default aversion, default prevention or financial literacy (i.e. brochures, workshops, and training)
  2. Food, refreshments, training or informational material that is designed to improve the service of a lender, guarantor, or service if the training contributes to the professional  development of the school staff
  3. Favorable terms, conditions, or services, as long as these are provided to all students at the school
  4. Entrance and exit counseling services, as long as  the school controls the counseling and does not  promote the products and services of the lender
  5. Philanthropic contributions not tied to loan volume.

  Rust College School Code: 002433