Jeez, as an HR question, the answer is that there’s no answer. In other words, the HR and employment laws don’t address this. However, there may be provisions in the educational institutional laws of your jurisdiction–and I don’t know what that jurisdiction is. In addition, education laws are well beyond my area of expertise.
Also, as a general principle, conflict of interest is basically a matter of internal governance dictated not by statute or regulation but the specific provisions of the contract or, in this case, the university’s bylaws. I’d also add, FWIW, that I personally don’t see any conflict of interest in a student’s serving on a financial committee. I actually think it’s a pretty good idea to have student representation. But, again, I don’t have any expertise or direct experience in the internal governance of academic institutions.
Wish I could be more helpful. Glenn
