Nevada Administrative Code
Chapter 397 - Western Interstate Commission for Higher Education
Section 397.Sec. 8 - NEW

Universal Citation: NV Admin Code 397.Sec. 8

Current through February 27, 2024

If a participant does not meet the requirements prescribed by NRS 397.0645, as amended by section 1 of Senate Bill No. 342, chapter 445, Statutes of Nevada 2023, at page 2730, the Commission shall:

1. Convert the stipend into a loan pursuant to NRS 397.0645 to be repaid in accordance with NRS 397.064; and

2. Assess a default charge which is not more than 10 percent of the total amount of the stipend.

Added to NAC by Interstate Comm'n for Higher Education by R188-22A, eff. 1/5/2024

NRS 397.020, 397.030, 397.040, 397.064, 397.0645

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.