revenue sharing

(9) the term “revenue sharing” means an arrangement between a covered educational institution and a private educational lender under which— (A) a private educational lender provides or issues private education loans with respect to students attending the covered educational institution; (B) the covered educational institution recommends to students or others the private educational lender or the private education loans of the private educational lender; and (C) the private educational lender pays a fee or provides other material benefits, including profit sharing, to the covered educational institution in connection with the private education loans provided to students attending the covered educational institution or a borrower acting on behalf of a student.

Source

15 USC § 1650(a)(9)


Scoping language

As used in this section
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