Institution-Affiliated Organization Law and Legal Definition
Pursuant to 20 USCS § 1019 (5), [Title 20. Education; Chapter 28. Higher Education Resources and Student Assistance; General Provisions; Lender and Institution Requirements Relating to Education Loans] 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.”
Legal Definition list
- Institution Of Vocational Education
- Institution of Undergraduate Higher Education
- Institution of Professional Education
- Institution of Postsecondary Education [Education]
- Institution of Higher Education for Purposes of Student Assistance Programs
- Institution-Affiliated Organization
- Institutional Broker
- Institutional Fund
- Institutional Grant [Education]
- Institutional Investor
- Institutional Meat Purchase Specifications [IMPS]