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NRS 396.891

Limitations on amount of loans; distribution of loans among campuses of System

Known as the University Securities Law

The act spans §§ 396–396 (367 sections).

(Added to NRS by 1989, 2135; A 1993, 360)

1. The loans made pursuant to NRS 396.890 to 396.898, inclusive, must not exceed the following amounts per student per semester. If the student is enrolled in a program of:

(a) A community college, $1,700.

(b) A university, $2,005.

2. Any money distributed pursuant to NRS 396.890 to 396.898, inclusive, must be distributed among the campuses of the System in amounts that will allow the same percentage of eligible students enrolled in the licensed practical nurse and registered practical nurse programs of each campus to receive loans.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.