Terms Of Use

Welcome to the GradReady Website (the "Website").

These Terms of Use (the "Agreement") are a legally-binding agreement between you and Ascendium Education Group, Inc. & Affiliates ("Ascendium"), the owner of the GradReady website, including the associated functionality and applications (the "Website" or "GradReady").

BY ACCESSING THE WEBSITE YOU AGREE TO BE BOUND BY THE TERMS OF THIS AGREEMENT. IF YOU DO NOT AGREE TO BE BOUND BY THE TERMS OF THIS AGREEMENT OR ARE DISSATISFIED WITH GRADREADY FOR ANY REASON, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING GRADREADY.

1. Right to Access and Use GradReady. Your right to access and use GradReady is personal to you and is not transferable to any other person or entity. You represent that you are at least thirteen (13) years of age.

2. Passwords. You agree to maintain the confidentiality of any password(s) you use to access GradReady, and you are fully responsible for the actions of any person or entity that accesses GradReady using your password. You agree to notify Ascendium immediately of any unauthorized use of your password(s) or access of GradReady using your password(s). You are responsible for protecting the confidentiality of your password(s) that allow access to GradReady.

3. Ownership of GradReady; Intellectual Property. As between you and Ascendium, Ascendium owns all right, title, and interest in and to GradReady, including its content, software, functionality, data, trademarks and intellectual property. You acknowledge that you do not acquire any ownership rights to GradReady by accessing or otherwise using GradReady. All of the content on the Website, including all text, photographs, graphics, images, videos, format, and other expressions is the property of Ascendium, or the suppliers of that content. All of the above is protected by U.S. and international copyright laws. ANY UNAUTHORIZED OR UNAPPROVED USE OF ANY OF THE GRADREADY CONTENT CONSTITUTES COPYRIGHT INFRINGEMENT AND SUBJECTS YOU TO ALL CIVIL AND CRIMINAL PENALTIES PROVIDED FOR UNDER DOMESTIC AND INTERNATIONAL COPYRIGHT LAWS AND TREATIES. You may only use the content for accessing and understanding such information for individual and personal use. You may not copy, make any reproduction or modification or any derivative work of the foregoing, and may not republish or display any of same, nor may any of same be linked to any other website. All rights not expressly granted in this Agreement are reserved to Ascendium. No other rights or licenses, whether express, implied, arising by estoppel, or otherwise are conveyed or intended by this Agreement.

4. Financial Disclaimer. Ascendium does not provide financial advice, and does not endorse, recommend, or approve any product or service listed on the Website unless expressly stated. Ascendium is not a financial advisor and will not discuss or advise you on any issues relating to your borrowing, repayment or other financial decisions. Your reliance upon content obtained by you at or through GradReady is solely at your own risk.

5. Third Party Content. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by third parties on or through the Website are those of the respective third party and not of Ascendium. In using GradReady, you may enter into correspondence or otherwise interact with third parties through GradReady. Any such activity, and any terms, conditions, warranties or representations associated with such activity, are solely between you and the applicable third party. Ascendium shall have no liability, obligation or responsibility for any such activity between you and any such third party. Ascendium does not endorse any sites on the Internet which are linked to GradReady. Ascendium may allow certain links from GradReady to third-party websites only as a matter of convenience, and in no event shall Ascendium be responsible for any content, products, or other materials on or available from such third-party websites.

6. Changes to GradReady. Ascendium may, in its sole and absolute discretion, modify, suspend, restrict access to, modify the hours of availability of, or terminate all or any part or feature of GradReady or any link contained herein at any time without liability or prior notice. In addition, Ascendium may, in its sole and absolute discretion and without liability or prior notice, terminate or suspend your access to all or any part of GradReady, including but not limited to, any bulletin boards on this Site, for any reason, including without limitation, breach of this Agreement. Your obligations pursuant to this Agreement shall survive any such modification, suspension, restriction, or termination for the maximum period allowable under applicable law. Ascendium has the right to change or discontinue any aspect or feature of GradReady at any time.

7. Equipment. You shall be responsible for obtaining and maintaining, and all payments for, all telecommunications, computer hardware, and other equipment needed for access to and use of GradReady.

8. End User Conduct.

8.1. YOU ARE RESPONSIBLE FOR YOUR ACTIONS IN CONNECTION WITH YOUR ACCESS AND USE OF GRADREADY, INCLUDING, WITHOUT LIMITATION, ANY CONTENT YOU POST OR UPLOAD TO GRADREADY OR DIRECT OTHERS TO POST OR UPLOAD TO GRADREADY.

8.2. You agree that you will use GradReady solely for purposes of financial literacy training and financial literacy educational purposes and will not use GradReady for any commercial or unlawful purpose.

8.3. You agree not to post, upload, or transmit, or cause to be posted, uploaded, or transmitted, on or through GradReady (i) any unlawful, defamatory, libelous, tortious, obscene, or similarly-objectionable content; (ii) any content that infringes or otherwise violates the intellectual property rights or other rights of any third party; or (iii) any content that includes any software viruses or other harmful or deleterious computer code, files, or programs.

8.4. You agree not to attempt to access the source code or object code of GradReady or attempt to decompile, reverse engineer, or dissemble GradReady.

8.5. You agree not to interfere with or disable GradReady or the servers or networks used in connection with GradReady in any way.

8.6. Except as otherwise expressly permitted under the "fair use" doctrine of copyright law, you agree not to reproduce, distribute, transmit, publish, create derivative works based on, or otherwise exploit GradReady.

9. Rights to End User Content. By posting, uploading, or transmitting any content on or through GradReady, or causing any content to be posted, uploaded, or transmitted on or through GradReady (the "End User Content"): (i) you represent and warrant that you are the owner of the End User Content and/or that you have the right to grant the licenses to Ascendium contained in this Agreement; and (ii) you grant to Ascendium a fully-paid, royalty-free, perpetual, irrevocable, transferrable, sublicensable, non-exclusive, worldwide license to use the End User Content (in whole or in part) for any and all purposes, subject to the terms of the GradReady Privacy Policy, the terms of which are incorporated herein by reference.

10. Rights of Ascendium to Delete End User Content. Ascendium may, but has no obligation to, monitor, review, screen, or edit End User Content; however, without limiting any other rights or remedies of Ascendium, Ascendium may remove from GradReady, delete, and/or destroy any End User Content that either violates the terms of this Agreement or that Ascendium, in its sole discretion, deems inappropriate.

11. Feedback. Ascendium may use your feedback, suggestions, recommendations, or ideas (collectively, "Submissions") in any way, including, without limitation, in future modifications of GradReady, other products or services and/or advertising or marketing materials, in accordance with the terms of the Privacy Policy. You hereby grant Ascendium a perpetual, worldwide, fully transferable, sublicensable, non-revocable, fully paid-up, royalty free license to use in any way the Submissions you provide to Ascendium.

12. Disclaimers and Limitations on Liability

12.1. GradReady may periodically be inaccessible or inoperable for any reason including, but not limited to: (i) transmission interference, interruptions, congestion and/or outages; (ii) hardware or software malfunctions; (iii) periodic maintenance procedures or repairs made by or on behalf of Ascendium; or (iv) other causes beyond Ascendium's reasonable control. Ascendium is not responsible for loss of access to or use of GradReady for any reason.

12.2. Ascendium is not responsible for any (i) deletion, destruction, or loss of, (ii) damage to, or (iii) failure to save or store any End User Content. Ascendium may delete or destroy End User Content at any time.

12.3. Ascendium makes no representations or warranties regarding the accuracy, quality, integrity, legality, reliability, appropriateness, or timeliness with respect to GradReady or any of its content.

12.4. GRADREADY IS PROVIDED ON AN AS-IS, AS-AVAILABLE BASIS AND WITHOUT WARRANTIES, EXPRESS OR IMPLIED, OF ANY KIND, INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY, OR FITNESS FOR ANY PARTICULAR PURPOSE, OR WARRANTIES ARISING BY COURSE OF DEALING OR CUSTOM OF TRADE. ASCENDIUM DOES NOT WARRANT THAT THE INFORMATION ON GRADREADY IS ACCURATE, RELIABLE, OR CURRENT. YOU ASSUME ALL RISK OF YOUR USE OF GRADREADY. ASCENDIUM EXPRESSLY DOES NOT WARRANT THAT GRADREADY, OR ACCESS TO OR USE OF GRADREADY, WILL BE UNINTERRUPTED OR ERROR FREE. UNDER NO CIRCUMSTANCES SHALL ASCENDIUM BE LIABLE FOR ANY DAMAGE CAUSED BY YOUR RELIANCE ON GRADREADY OR ITS CONTENTS.

12.5. AS CONSIDERATION FOR YOUR USE OF GRADREADY, IN NO EVENT SHALL ASCENDIUM BE LIABLE TO YOU FOR ANY DAMAGES OF ANY KIND, INCLUDING, WITHOUT LIMITATION, DIRECT, INCIDENTAL, PUNITIVE, INDIRECT OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, DAMAGES AS A RESULT OF LOST DATA OR LOSS OF ACCESS TO OR USE OF GRADREADY), REGARDLESS OF THE LEGAL THEORY ASSERTED (WHETHER IN TORT, CONTRACT, OR OTHERWISE) AND REGARDLESS OF WHETHER YOU WERE ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, RESULTING FROM OR RELATE IN ANY MANNER WHATSOEVER TO (i) YOUR USE OF GRADREADY, OR RELIANCE ON THE GRADREADY CONTENT OR SERVICES, OR (ii) ERRORS, INACCURACIES, OMISSIONS, DEFECTS, UNTIMELINESS, SECURITY BREACHES, OR ANY OTHER FAILURE TO PERFORM BY ASCENDIUM OR ITS CONTENT PROVIDERS.

12.6. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OR EXCLUSION OF CERTAIN LIABILITIES OR WARRANTIES, SO SOME OF THE ABOVE DISCLAIMERS AND LIMITATIONS MAY NOT APPLY TO YOU. IN SUCH JURISDICTIONS, ASCENDIUM'S LIABILITY IS LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW. IN NO EVENT SHALL THE LIMITATIONS ABOVE RELIEVE ASCENDIUM OF ANY LIABILITY ARISING OUT ACTS THAT CONSTITUTE INTENTIONAL TORTS AND/OR WILLFUL OR WANTON MISCONDUCT OF ASCENDIUM.

13. Indemnification. You agree to indemnify and hold harmless Ascendium and its suppliers, information providers, ISPs, and officers, directors, and employees (each an "Indemnified Party") from and against any losses, claims, damages, liabilities, penalty actions, proceedings, or judgments (collectively referred to as "Losses") to which an Indemnified Party may become subject, related to or arising out of any infringement or misappropriation or alleged infringement or alleged misappropriation of any United States or international copyright, trademark, trade secret, or other proprietary right related to your use of GradReady or related to or in connection with this Agreement, and shall reimburse each such Indemnified Party for all legal and other expenses, including reasonable attorneys' fees, incurred by such Indemnified Party in connection with investigating, defending, or settling any such Losses, whether or not in connection with pending or threatened litigation in which such Indemnified Party is a party. You also agree to indemnify and hold harmless each Indemnified Party against any Losses to which such Indemnified Party may become subject that arise out of or relate to your violation of this Agreement or your Use of GradReady or your negligent or wrongful conduct, and shall reimburse each Indemnified Party for all legal and other expenses, including without limitation, reasonable attorneys' fees, incurred by such Indemnified Party in connection with investigating, defending, or settling any such Losses, whether or not in connection with pending or threatened litigation in which such Indemnified Party is a party.

14. Termination. Ascendium may immediately terminate this Agreement or your access to all or any party of GradReady for any or no reason, with or without notice. The provisions of this Agreement relating to ownership of intellectual property, disclaimers, limitations on liability, and indemnification, and any other provisions of this Agreement where context so indicates, shall survive termination of this Agreement.

15. Gramm-Leach Bliley notices. You acknowledge that if Ascendium is required under applicable law to provide you with any notice required by the Financial Services Modernization Act of 1999, as amended (the "Gramm-Leach-Bliley Act") and any and all regulations promulgated thereunder, you agree to accept any such notices by means of updates to the GradReady Privacy Policy posted on the Website.

16. Entire Agreement; Amendment. This Agreement sets forth the entire agreement and understanding between the parties regarding its subject matter and supersedes any prior understanding or agreements, whether written or oral, regarding the same subject matter. This Agreement may not be amended or supplemented by (a) any written communication originated by you relating to the subject matter hereof, (b) statements of any of our employees, or (c) any other purported modification that has not been agreed to in writing by us. We reserve the right unilaterally to make changes to this Agreement at any time without advance notice. We agree to post all amended forms of this Agreement on the Website and such amended forms shall be effective immediately upon its posting. Your continued Use of GradReady subsequent to our posting of amended forms of this Agreement shall constitute your acceptance of the modified Agreement. It is at all times your responsibility to read the most current form of this Agreement before using GradReady to ensure that you agree to this Agreement or any amendments made to this Agreement. You agree that these standards for notice of amendments to this Agreement are reasonable.

17. Miscellaneous. We may assign this Agreement, in whole or in part, in our sole discretion. You may not assign your rights under this Agreement without our prior written permission. Any attempt by you to assign your rights under this Agreement without our permission shall be void. If any provision of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, then such provision shall be construed, as nearly as possible, to reflect the intentions of the invalid or unen-forceable provision, with all other provisions remaining in full force and effect. This Agreement shall in all respects be governed by and interpreted, construed, and enforced in accordance with the laws of the United States of America and the State of Minnesota, without regard to that State's conflict of laws provisions. This Agreement shall not be governed by or interpreted in accordance with the Uniform Computer Information Transactions Act (UCITA), the application of which is expressly excluded. Any dispute arising out of this Agreement will be venued in a state or federal court situated in Madison, Wisconsin, and you hereby irrevocably submit to the personal jurisdiction of such courts for that purpose. The failure of Ascendium to enforce any right or provision in this Agreement shall not constitute a waiver of such right or provision unless acknowledged and agreed to by Ascendium in writing.