New York Consolidated Laws, Financial Services Law - FIS § 901. Definitions

1. “Higher education” means higher education or career education, as those terms are defined in section two of the education law, via correspondence, online, or in person, regardless of whether the provider of such higher education is located within New York state.

2. “Higher education expense” means any expense that is incurred by a consumer arising from higher education.

3. “Student loan servicer” has the same meaning as such term is defined in subdivision six of section seven hundred ten of the banking law.

4. “Private education creditor” means any person engaged in the business of extending a private education debt.

5. “Private education debt” means an extension of credit to or debt or obligation owed or incurred by a consumer, contractual or otherwise, that:

6. “Provider of higher education” means a person engaged in providing or offering to provide higher education.