The College Loan Corporation, the nation’s seventh-largest provider of student loans, has reached a settlement with New York’s attorney general, Andrew M. Cuomo, over its lending practices.

As with past agreements that Mr. Cuomo has reached with colleges and lenders, the San Diego-based company has agreed to stop offering “various perks to school financial-aid offices and gifts to their personnel in order to be selected as a preferred lender by these institutions,” Mr. Cuomo said in a written statement.

The types of benefits provided by the College Loan Corporation, commonly known as CLC, included giving college administrators meals, entertainment, and free travel for participating on “advisory boards,” and providing staff members at no charge to work in colleges’ financial-aid offices, Mr. Cuomo said.

Colleges that listed CLC as a “preferred lender” and that accepted benefits from it included Boston College, Texas A&M University, and the University of California at San Diego, the attorney general said.

As part of the settlement announced today, CLC will pay $500,000 into a fund that the attorney general has established to educate college students about their loan options. It also agreed to abide by Mr. Cuomo’s code of conduct, which limits its financial relations with colleges.

CLC said in a written statement that its new code of conduct goes beyond what Mr. Cuomo requested by banning its participation in “school as lender” arrangements and by prohibiting any “affinity relationships” with alumni organizations or other college-affiliated groups. The company has not been participating in either of those arrangements, CLC said.

Mr. Cuomo previously reached settlements with the nation’s six largest student lenders, and more than two dozen colleges. —Paul Basken