NY S04741

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 tuition collection services.

Exempts online education marketplaces from private school agent licensing requirements if they comply with specified conditions, including prohibitions on directly soliciting or enrolling students.

Requires online education marketplaces to return collected tuition money to prospective students within a commissioner-prescribed timeframe if no enrollment agreement is executed.

Mandates separate accounting by both marketplaces and schools for student tuition payments and marketplace service fees, with commissioners authorized to take disciplinary action for violations.

Prohibits online education marketplaces from offering services to unlicensed private career schools or uncertified ESL schools.