NY A06801

Defines "online education marketplace" as a website or internet-based tool that licensed private career schools or certified ESL schools use for marketing, advertising, or collecting tuition and fees.

Exempts online education marketplaces from agent licensing requirements if they comply with specific regulations, including prohibitions on directly soliciting or enrolling students.

Requires online education marketplaces to execute enrollment agreements between students and schools before collecting tuition, or promptly return funds to prospective students.

Mandates separate accounting by online education marketplaces and schools for student tuition payments versus marketplace compensation for services rendered.

Prohibits online education marketplaces from marketing services to unlicensed private career schools or uncertified ESL schools, with the commissioner authorized to take disciplinary action for violations.