1. Whenever the three Nevada State Commissioners are unable to enroll Nevada residents in graduate or professional schools pursuant to contractual agreements authorized by Article 8 of the Compact, or the cost of attending a school within the region is excessive, they may enter into contractual agreements with the governing authority of any educational institution offering accredited graduate and professional education outside the region of the Compact or with any state outside the region.
2. The terms and conditions of any such agreements must adhere to the same standards which are observed in the selection of participants.