; and (B) the Committee on Health, Education, Labor, and Pensions of the Senate. . (e) Incentive compensation; third party servicer (1) Amendments Section 487(a)(20) ( 20 U.S.C. 1094(a)(20) ) is amended to read as follows: (20) The institution will not provide any commission, bonus, or other incentive payment based directly or indirectly on success in securing enrollments or financial aid to any persons or entities engaged in any student recruiting or admission activities, or in making decisions regarding the award of student financial assistance, except that this paragraph shall not apply— (A) to the recruitment of foreign students residing in foreign countries who are not eligible to receive Federal student assistance; or (B) to a third party where— (i) the third party is providing the institution recruiting or admissions activities as part of a larger bundle of services not covered by this paragraph and which may include marketing or advertising activities that broadly disseminate or distribute widely available information; (ii) the third party does not provide any commission, bonus, or other incentive-based payments to its employees or subcontractors who are providing services to the institution covered in this paragraph; and (iii) the third party is not awarding or disbursing Federal financial aid awards. . (2) Definition Section 481(c) ( 20 U.S.C. 1088(c) ) is amended to read as follows: (c) Third party servicer (1) For purposes of this title, the term third party servicer — (A) means any individual, any State, or any private, for-profit or nonprofit organization, which enters into a contract with— (i) any eligible institution of higher education to administer, through either manual or automated processing, any aspect of such institution’s student assistance programs under this title