397.065 - Repayment of state’s contributions for stipends by student who received stipend before July 1, 1995. - Nevada Statutes

397.065  Repayment of state’s contributions for stipends by student who received stipend before July 1, 1995.

      1.  The provisions of this section apply only to stipends received by a student before July 1, 1995.

      2.  Each student entering the Western Regional Higher Education Compact program after April 23, 1977, must repay all state contributions for stipends which the student receives from the Western Interstate Commission for Higher Education unless the student practices, in Nevada, for the period determined pursuant to NRS 397.0645, the profession which he or she was certified to study.

      3.  Stipends granted before July 1, 1985, and stipends granted to students classified as continuing students before July 1, 1985, must be repaid within the same period established for the repayment of loans in NRS 397.063. Stipends granted before July 1, 1985, and stipends granted to students classified as continuing students before July 1, 1985, do not bear interest.

      4.  Stipends granted to students entering the program on or after July 1, 1985, must be repaid in the same manner, within the same period and at the same rate of interest established for the repayment of loans in NRS 397.064.

      (Added to NRS by 1977, 428; A 1981, 984; 1983, 313; 1985, 849; 1995, 358)