Section 397.060 - Petition for reduction of principal balance of loan or stipend because of hardship1. To apply for a reduction of the principal balance of a stipend that is converted to a loan pursuant to NRS 397.0645 because of hardship, a participant must submit a petition to the Commission in writing. The petition must contain the reasons and any supporting documentation for requesting the reduction.2. If the Commission denies a petition submitted pursuant to this section, the petitioner may appeal to the Commission by submitting a request for an appeal in writing not later than 10 days after his or her receipt of the notice of denial.Nev. Admin. Code § 397.060
Added to NAC by Interstate Comm'n for Higher Education by R047-14, eff. 12/22/2014; A by R188-22A, eff. 1/5/2024NRS 397.020, 397.030, 397.040, 397.0645