Higher Education Act. In providing the Services, TMS shall:
(a) Comply with (i) all applicable statutory provisions of or applicable to Title IV of the HEA, (ii) all regulatory provisions prescribed under that statutory authority, and (iii) all special arrangements, agreements, limitations, suspensions, and terminations entered into under the authority of statutes applicable to Title IV of the HEA;
(b) Refer to the Office of Inspector General of the Department of Education for investigation any information indicating there is reasonable cause to believe that School might have engaged in fraud or other criminal misconduct in connection with Schools administration of any Title IV, HEA program or an applicant for Title IV, HEA program assistance might have engaged in fraud or other criminal misconduct in connection with his or her application. Examples of the type of information that must be referred include:
(i) False claims by the institution for Title IV, HEA program assistance;
(ii) False claims of independent student status;
(iii) False claims of citizenship;
(iv) Use of false identities;
(v) Forgery of signatures or certifications;
(vi) False statements of income; and
(vii) Payment of any commission, bonus, or other incentive payment based in any part, directly or indirectly, upon success in securing enrollments or the award of financial aid to any person or entity engaged in any student recruitment or admission activity or in making decisions regarding the award of Title IV, HEA program funds;
(c) Be jointly and severally liable with School to the Secretary for the for any violation by the servicer of any statutory provision of or applicable to Title IV of the HEA, any regulatory provision prescribed under that statutory authority, and any applicable special arrangement, agreement, or limitation entered into under the authority of statutes applicable to Title IV of the HEA;
(d) If TMS or School terminates this Agreement, or if TMS goes out of business, or files a petition under the Bankruptcy Code, return to School all records in TMS’s possession pertaining to School’s participation in the Title IV HEA program, subject to Section 7.4 of this Agreement. The Parties acknowledge and agree that TMS shall not receive any funds, including Title IV HEA program funds, in connection with any HEA Service.
Higher Education Act. The Administrator shall take all actions that are necessary to cause the Issuer to comply with the requirements of the Act and the applicable Guarantee Agencies with respect to Student Loans originated under the Act.
Higher Education Act. 5 Section 6. Other Duties with Respect to the Indenture and Servicing Agreement..... 5 Section 7.
Higher Education Act. 4 SECTION 6. OTHER ADMINISTRATIVE SERVICES.....................................4 SECTION 7. EXCEPTIONS........................................................6 SECTION 8.
Higher Education Act. Aspen University Inc. is, and for the past two years has been, in material compliance with the provisions of the federal Higher Education Act (the “HEA”) and the regulations promulgated by the U.S. Department of Health thereunder, and is entitled to participate in the federal student financial assistance programs authorized under Tile IV of the HEA. Aspen University Inc. is not currently subject to any formal investigation which could reasonably be expected to result in any suspension of, or material restriction on its ability to, participate in the Title IV program nor, to its knowledge, has it received any notice or threat to commence any such proceeding.
Higher Education Act. (Law No. 12036, 13 August 2013), Articles 3, 4, 32, 42, and 43 (Presidential Decree No. 24847, 20 November 2013), Article 28 Articles 3, 5, 10, and 21 23 March 2013), Articles 1 and 2 At least 50 percent of the members of the board of directors of a private higher education institution must be Korean nationals. If a foreign person contributes at least 50 percent of the basic property of a higher education institution, less than two thirds of the members of the board of directors of such an institution may be foreign nationals. For the purposes of this entry, basic property means real estate, property designated as basic property by the articles of association, property incorporated into the basic property according to decisions of the board of directors, and an annual budgetary surplus reserve of the institution. Only non-profit school juridical persons approved by the Minister of Education may establish higher education institutions (other than the types of institutions listed in Annex II) in Korea. The Minister of Education may restrict the total number of students per year in the fields of medicine, pharmacology, veterinary medicine, traditional Asian medicine, medical technicians, and higher education for pre-primary, primary, and secondary teachers, and higher education institutions located in the Seoul Metropolitan Area. For the purposes of this entry, “Seoul Metropolitan Area” includes the Seoul Metropolitan City, Incheon Metropolitan City, and Gyeonggi Province. Only the national or local governments of Korea may establish higher education institutions for training of primary school teachers. Only the national government may establish higher education institutions that supply higher education services to the public through broadcasting.
Higher Education Act. Shareholder shall cause NTC to maintain full, true and accurate books of accounts and other records, containing all information and data which may be necessary to ascertain and verify the Royalty and Advertising Fee payable hereunder. NHCLC shall have the right from time to time (not to exceed twice in any twelve month period) to inspect, or to have a mutually acceptable accountant inspect, such books, records and supporting data to confirm the accuracy of the Royalty and Advertising Fees. In such event, the fees and expenses of such accountant shall be shared equally by the parties.
Higher Education Act. 4 Section 6.
Higher Education Act. ECSI and Customer agree to comply with the applicable statutory provisions of or applicable to Title IV of the Higher Education Act as set forth in 34 CFR 668.25, including those set forth expressly in Addendum A hereto.
Higher Education Act. LLC has entered into trust arrangements with eligible lenders in accordance with the Higher Education Act under which title to all FFELP Loans pledged to secure the Qualified Scholarship Funding Bonds (as defined in the Conversion Agreement) or assumed by LLC is or will be held by such eligible lenders.
