Student Lending Accountability Transparency and Enforcement Act
Student Lending Accountability Transparency and Enforcement Act (SLATE) became law on May 29, 2007, with the approval of the NY State Governor. This act was passed to amend the education law, in relation to protecting students and parents from being steered by lenders and institutions of higher learning into student loans laden with conflicts of interest; and to amend the state finance law, in relation to establishing the student lending education account. Click Here for the complete SLATE Act.
Fredonia has requested from our recommended lenders that they provide our institution with a SLATE Compliant Document that illustrates their compliance and commitment to honest student lending.