revenue-sharing arrangement
(1) Ban on revenue-sharing arrangements (A) Prohibition The institution shall not enter into any revenue-sharing arrangement with any lender. (B) Definition For purposes of this paragraph, the term “revenue-sharing arrangement” means an arrangement between an institution and a lender under which— (i) a lender provides or issues a loan that is made, insured, or guaranteed under this subchapter to students attending the institution or to the families of such students; and (ii) the institution recommends the lender or the loan products of the lender and in exchange, the lender pays a fee or provides other material benefits, including revenue or profit sharing, to the institution, an officer or employee of the institution, or an agent.