Common Contracts

revenue sharing

May 5th, 2020

• Filed
  May 5th, 2020

(8)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. (b)A private educational lender may not, directly or indirectly—