NAC353B.150. Contract provisions: Payment of tuition to institution of higher education for certain number of semester hours of credit.  


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  •      1. A contract may provide for payment from the Trust Fund of the amount of tuition required for the enrollment of a qualified beneficiary into:

         (a) A state community college in sufficient classes for a student to earn 60 semester hours of credit;

         (b) A state:

              (1) Community college in sufficient classes for a student to earn 60 semester hours of credit; and

              (2) University in sufficient classes for a student to earn 60 semester hours of credit; or

         (c) A state university in sufficient classes for a student:

              (1) To earn 30 semester hours of credit;

              (2) To earn 60 semester hours of credit; or

              (3) To earn 120 semester hours of credit.

         2. As used in this section, “classes” means classes pursuant to which a student may earn an associate’s degree in 2 years of study or a bachelor’s degree in 4 years of study.

     (Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R009-99, eff. 11-3-99; A by R079-00, 10-23-2000; A by Bd. of Trustees of College Savings Plans of Nev. by R055-09, 10-27-2009)