(1) The following are subject to the student education loan servicer requirements in this chapter, but are exempt from having to obtain and maintain a license in accordance with this chapter: (a) Trade, technical, vocational, or apprentice programs that teach skills related to a specific job, and postsecondary schools that service their own student education loans; (b) Persons servicing five or fewer student education loans; (c) Guarantors of federal student loans that do not also service federal student loans; (d) The United States or any department or agency thereof, to the extent it is servicing student education loans that it originated; and (e) Any state, county, city, or any department or agency thereof, but only to the extent it is servicing student education loans that it originated. (2) Persons providing third-party student education loan modification services are exempt from having to obtain and maintain a license in accordance with this chapter. (3) The department may refer to the attorney general's consumer protection division complaints regarding entities subject to this section.
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