A. No employee of a public institution of higher education shall demand or receive any payment, loan, advance, deposit of money, services, or anything, present or promised, as an inducement for promoting any student loan vendor.
B. No public institution of higher education shall enter into any agreement with any student loan vendor that states or implies an exclusive relationship between the institution and vendor regarding student loans.
2008, c. 624, § 23-4.3:2; 2014, c. 484; 2016, c. 588.
Structure Code of Virginia
Title 23.1 - Institutions of Higher Education; Other Educational and Cultural Institutions
Chapter 4 - General Provisions
§ 23.1-400. Student organizations; rights and recognition
§ 23.1-401. Restrictions on student speech; limitations
§ 23.1-401.1. Constitutionally protected speech; policies, materials, and reports; report
§ 23.1-401.2. Student journalists; freedom of speech and the press
§ 23.1-403. Access to campus and student directory provided to certain persons and groups
§ 23.1-404. Retention of student birth certificates authorized
§ 23.1-405. Student records and personal information; social media
§ 23.1-406. Reporting of certain students issued student visas
§ 23.1-407. Reporting of enrollment information to Sex Offender and Crimes Against Minors Registry
§ 23.1-407.1. Admissions applications; criminal history
§ 23.1-408. Annual reporting of the use of student fees
§ 23.1-409. Transparency in higher education information
§ 23.1-409.1. Supplemental Nutrition Assistance Program; notice to students
§ 23.1-410. Student loan vendors