NRS 394.557
Fee to be paid to Administrator for students who enroll in certain programs.

1.

Except as otherwise provided in subsection 2, each postsecondary educational institution licensed in this state shall pay to the Administrator a fee of $5 for each student the institution initially enrolls in a program for which the student pays a tuition or registration fee. On or before January 1, April 1, July 1 and October 1 of each year, each institution shall transmit to the Administrator the fees required by this subsection for the immediately preceding quarter. The Administrator shall deposit the money in the State Treasury for credit to the Account for Student Indemnification.

2.

The Administrator shall notify each postsecondary educational institution licensed in this state if the balance in the Account is $250,000 or more. If the balance in the Account is $250,000 or more, a postsecondary educational institution is not required to pay the fee required by subsection 1. If the balance in the Account subsequently falls below $250,000, the Administrator shall notify each postsecondary educational institution licensed in this state that the fee must be paid until the balance in the Account is $250,000 or more.

Source: Section 394.557 — Fee to be paid to Administrator for students who enroll in certain programs., https://www.­leg.­state.­nv.­us/NRS/NRS-394.­html#NRS394Sec557.

394.383
Commission: Creation 394.385
Commission: Qualifications of members 394.411
Regulations of Commission 394.415
Licensing of postsecondary educational institution. 394.421
Powers and duties of Commission. 394.430
Powers and duties of Administrator. 394.440
Information and expert witnesses to be provided by other state agencies 394.441
Information provided to students before enrollment 394.443
Procedure for grievances 394.445
Financial condition 394.447
Accreditation as evidence of compliance with minimum standards. 394.449
Requirements of policy for refunds by postsecondary educational institutions. 394.450
Quality and content of courses and programs 394.455
Evaluation prerequisite to licensing of unaccredited institution 394.460
License: Application 394.463
Payment by institution of subsistence and travel for inspections and certain meetings of Commission 394.465
Background investigation of certain applicants for employment with postsecondary educational institution 394.470
Agent’s permit: Requirements for issuance and renewal 394.473
Additional requirements for issuance and renewal of agent’s permit: Statement regarding obligation of child support 394.474
Additional requirements for renewal of agent’s permit: Information regarding whether applicant has state business license 394.475
Authorization by Administrator for employment of agents by postsecondary educational institution. 394.480
Surety bond required of certain institutions 394.490
Denial of license, permit or authorization: Notice 394.500
Denial of permit or authorization: Hearing. 394.510
Revocation of or conditions on license or permit: Grounds 394.515
Mandatory suspension of agent’s permit for failure to pay child support or comply with certain subpoenas or warrants 394.520
Complaint of violation: Procedure 394.525
Suspension of approval of course for training of veterans 394.530
Postponement of effective date of action pending review. 394.540
Fees. 394.545
Location, equipment and insurance requirements of driving school 394.550
Discontinuance of operations: Academic records filed with Administrator 394.553
Account for Student Indemnification. 394.557
Fee to be paid to Administrator for students who enroll in certain programs. 394.560
Unlawful acts.
Last Updated

Feb. 5, 2021

§ 394.557’s source at nv​.us