§ 1019. Definitions
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/usc/title-20/section-1019A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this part:
(1)Agent The term “agent” means an officer or employee of a covered institution or an institution-affiliated organization.
(2)Covered institution The term “covered institution” means any institution of higher education, as such term is defined in section 1002 of this title, that receives any Federal funding or assistance.
(3)Education loan The term “education loan” (except when used as part of the term “private education loan”) means—
(A)any loan made, insured, or guaranteed under part B of subchapter IV;
(B)any loan made under part D of subchapter IV; or
(C)a private education loan.
(4)Eligible lender The term “eligible lender” has the meaning given such term in section 1085(d) of this title.
(5)Institution-affiliated organization The term “institution-affiliated organization”—
(A)means any organization that—
(i)is directly or indirectly related to a covered institution; and
(ii)is engaged in the practice of recommending, promoting, or endorsing education loans for students attending such covered institution or the families of such students;
(B)may include an alumni organization, athletic organization, foundation, or social, academic, or professional organization, of a covered institution; and
(C)notwithstanding subparagraphs
(A)and (B), does not include any lender with respect to any education loan secured, made, or extended by such lender.
(6)Lender The term “lender” (except when used as part of the terms “eligible lender” and “private educational lender”)—
(A)means—
(i)in the case of a loan made, insured, or guaranteed under part B of subchapter IV, an eligible lender;
(ii)in the case of any loan issued or provided to a student under part D of subchapter IV, the Secretary; and
(iii)in the case of a private education loan, a private educational lender as defined in section 1650 of title 15; and
(B)includes any other person engaged in the business of securing, making, or extending education loans on behalf of the lender.
(7)Officer The term “officer” includes a director or trustee of a covered institution or institution-affiliated organization, if such individual is treated as an employee of such covered institution or institution-affiliated organization, respectively.
(8)Preferred lender arrangement The term “preferred lender arrangement”—
(A)means an arrangement or agreement between a lender and a covered institution or an institution-affiliated organization of such covered institution—
(i)under which a lender provides or otherwise issues education loans to the students attending such covered institution or the families of such students; and
(ii)that relates to such covered institution or such institution-affiliated organization recommending, promoting, or endorsing the education loan products of the lender; and
(B)does not include—
(i)arrangements or agreements with respect to loans under part D of subchapter IV; or
(ii)arrangements or agreements with respect to loans that originate through the auction pilot program under section 1099d(b) of this title.
(9)Private education loan The term “private education loan” has the meaning given the term in section 1650 of title 15.
(Pub. L. 89–329, title I, § 151, as added Pub. L. 110–315, title I, § 120, Aug. 14, 2008, 122 Stat. 3117.)
Connections49 cite this · traces to 4
Cited by 49 sections · top 31
U.S. Code
- § 1094Program participation agreements
- § 1650Preventing unfair and deceptive private educational lending practices and eliminating conflicts of interest
- § 1019aResponsibilities of covered institutions, institution-affiliated organizations, and lenders
- § 1019bLoan information to be disclosed and model disclosure form for covered institutions, institution-affiliated organizations, and lenders participating in preferred lender arrangements
- § 1080aReports to consumer reporting agencies and institutions of higher education
- § 1019cLoan information to be disclosed and model disclosure form for institutions participating in the William D. Ford Federal Direct Loan Program
CFR
statutes-at-large
- Public Law 110–315To amend and extend the Higher Education Act of 1965, and for other purposes
- Public Law 97–35To provide for reconciliation pursuant to section 301 of the first concurrent resolution on the budget for the fiscal year 1982
- Public Law 96–374To amend and extend the Higher Education Act of 1965, and for other purposes
statute-compilations
bill
- Sec. 2Exemption of certain State-provided loan programs from preferred lender arrangement requirements
- Sec. 4Know before you owe
- Sec. 4Know before you owe
- Sec. 141Modification of preferred lender arrangements
- Sec. 141Modification of preferred lender arrangements
- Sec. 6Know before you owe
- Sec. 3Amendment to the Higher Education Act of 1965
- Sec. 2State-based education loan programs
- Sec. 2State-based education loan programs
- Sec. 2State-based education loan programs
- Sec. 2Definitions
- Sec. 404Interplay with the Higher Education Act of 1965
- Sec. 2Definitions
- Sec. 404Interplay with the Higher Education Act of 1965
- Sec. 6Know before you owe
- Sec. 2State-based education loan programs
- Sec. 2State-based education loan programs
Traces to 4 documents
U.S. Code
- Definition of institution of higher education for purposes of student assistance programs§ 1002
- Definitions for student loan insurance program§ 1085
- Preventing unfair and deceptive private educational lending practices and eliminating conflicts of interest§ 1650
- Competitive loan auction pilot program§ 1099d
7 references not yet in our index
- Pub. L. 89–329, title I, § 151
- Pub. L. 110–315, title I, § 120
- 122 Stat. 3117
- Pub. L. 89–329, title I, § 119
- Pub. L. 96–374, title I, § 101(a)
- 94 Stat. 1383
- Pub. L. 99–498
Citation graph
cites case law
§ 1019
Definitions
Bills×21
U.S.C.×14
C.F.R.×5
Fed. Reg.×5
Stat.×3
Stat. Comp.×1
Pub. L.Pub. L. 89–329, title I, § 151
Pub. L.Pub. L. 110–315, title I, § 120
Stat.122 Stat. 3117
Pub. L.Pub. L. 89–329, title I, § 119
Pub. L.Pub. L. 96–374, title I, § 101(a)
Cites 11 · showing 9Cited by 49 across 6 sources