N.Y. FIS Law § 901

§ 901. Definitions. As used in this article:\n 1. "Higher education" means higher education or career education, as\nthose terms are defined in section two of the education law, via\ncorrespondence, online, or in person, regardless of whether the provider\nof such higher education is located within New York state.\n 2. "Higher education expense" means any expense that is incurred by a\nconsumer arising from higher education.\n 3. "Student loan servicer" has the same meaning as such term is\ndefined in subdivision six of section seven hundred ten of the banking\nlaw.\n 4. "Private education creditor" means any person engaged in the\nbusiness of extending a private education debt.\n 5. "Private education debt" means an extension of credit to or debt or\nobligation owed or incurred by a consumer, contractual or otherwise,\nthat:\n (a) is not made, insured, or guaranteed under Title IV of the Higher\nEducation Act of 1965 (20 U.S.C. s.1070 et seq.);\n (b) is extended to a consumer expressly, in whole or in part, for, or\naccrues from nonpayment of, higher education expenses, regardless of\nwhether the credit or debt or obligation is owed to a provider of higher\neducation; and\n (c) is not a loan that is secured by real property or a dwelling.\n "Private education debt" shall include extensions of credit or debt or\nobligations owed or incurred to refinance a private education debt.\n 6. "Provider of higher education" means a person engaged in providing\nor offering to provide higher education.\n