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What is the difference between a consortium agreement and a contractual agreement between schools?

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What is the difference between a consortium agreement and a contractual agreement between schools?

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A. A consortium agreement exists between schools (both eligible to award federal financial aid to students), permitting a student to take unlimited courses at one school and have those courses count toward a degree or certificate that the “home” school awards. A contractual agreement is between schools (one that is eligible to award federal financial aid to its students and one that is not), permitting a student to take a limited number of courses at the ineligible school and have those courses count toward a degree or certificate awarded by the eligible “home” school. Source: Federal Student Aid Handbook, Volume 2-School Eligibility and Operations, Chapter 7. Consumer Information (back to top) Q. Federal regulations require schools to notify currently enrolled students about the availability of certain student consumer information. Must schools notify non-traditional students at a school’s branch campuses and extension locations as well as traditional students enrolled at the main cam

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