JHU financial aid official quits

Ellen Frishberg has resigned as director of student financial services at Johns Hopkins University. Frishberg had been on leave since last month after a financial aid scandal that affected several colleges and universities nationally.

Frishberg admitted receiving payment of $65,000 from Student Loan Xpress, which just happened to be a “preferred” lender for student loans at JHU. She resigned Friday and the school pointed out that she had also been a paid consultant for American Express when they were a preferred lender for student loans.

Her attorney released the following statement:

“During the last 18 years, Dr. Frishberg, a national leader in the field of higher education administration, served the university, its students and their parents with dedication. At all times, her priority was to open the doors to higher education to worthy students. She never intended to do anything that would be perceived as harmful to either Johns Hopkins University, its students or their parents, and has always acted in good faith.”