20 U.S.C. § 1019: Definitions

The term “agent” means an officer or employee of a covered institution or an institution-affiliated organization. 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. any loan made, insured, or guaranteed under part B of subchapter IV; any loan made under part D of subchapter IV; or a private education loan. The term “eligible lender” has the meaning given such term in section 1085(d) of this title . is directly or indirectly related to a covered institution; and is engaged in the practice of recommending, promoting, or endorsing education loans for students attending such covered institution or the families of such students; may include an alumni organization, athletic organization, foundation, or social, academic, or professional organization, of a covered institution; and notwithstanding subparagraphs (A) and (B), does not include any lender with respect to any education loan secured, made, or extended by such lender. in the case of a loan made, insured, or guaranteed under part B of subchapter IV, an eligible lender; in the case of any loan issued or provided to a student under part D of subchapter IV, the Secretary; and in the case of a private education loan, a private educational lender as defined in section 1650 of title 15 ; and includes any other person engaged in the business of securing, making, or extending education loans on behalf of the lender. 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. under which a lender provides or otherwise issues education loans to the students attending such covered institution or the families of such students; and that relates to such covered institution or such institution-affiliated organization recommending, promoting, or endorsing the education loan products of the lender; and arrangements or agreements with respect to loans under part D of subchapter IV; or arrangements or agreements with respect to loans that originate through the auction pilot program under section 1099d(b) of this title . The term “private education loan” has the meaning given the term in section 1650 of title 15 .