Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter353B College Savings Plans of Nevada |
NEVADA HIGHER EDUCATION PREPAID TUITION PROGRAM |
Enrollment in Program; Administration; Benefits |
NAC353B.170. Eligibility to be purchaser or qualified beneficiary.
Latest version.
-
1. A purchaser may be any person or legal entity other than the qualified beneficiary designated for the contract.
2. At the time of enrollment in the Program, a qualified beneficiary must not yet have:
(a) Completed the ninth grade of school; or
(b) Attained the age of 18 years.
3. The purchaser or the qualified beneficiary must be a resident of this State at the time of enrollment in the Program, or the purchaser must hold a degree or certificate from a state university, state college or state community college.
(Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R009-99, eff. 11-3-99; A by Bd. of Trustees of College Savings Plans of Nev. by R055-09, 10-27-2009)