397.068 - Penalties for failure to comply with regulations. - Nevada Statutes

397.068  Penalties for failure to comply with regulations.  A recipient of a loan or a stipend under the program of the Western Interstate Compact for Higher Education shall comply with the regulations adopted by the Commission or the three Nevada State Commissioners. If the recipient fails so to comply, the three Nevada State Commissioners, acting jointly, may:

      1.  For each infraction, impose a fine of not more than $200 against any recipient in any academic year, and may deny additional money to any student who fails to pay the fine when due;

      2.  Increase the portion of any future loan to be repaid by the recipient;

      3.  Extend the time a recipient is required to practice his or her profession to repay his or her stipend; and

      4.  Expel the recipient from the program.

      (Added to NRS by 1985, 847; A 2003, 942)