When a university allows agencies in other countries (perhaps in the same country?) to recruit students for them, as I understand it, the university will pay the agency some fee for each student admitted. How is the compensation calculated?
Are there universal standards? Perhaps by country? If no standards exist, how would one even start the negotiations with the agencies?
Related to this question is how the agencies protect themselves while the university also protects itself. What if a student comes to the university and forgets to say "ABC Ltd sent me" but later ABC finds out that their student did start and now ABC wants paid.
I'm specifically curious about UK universities and undergraduate students entering universities focusing on business/economics but any information about other geographical areas / subjects could also be helpful.