2017 Nevada Revised Statutes
Chapter 391A - Training, Professional Development and Incentives
NRS 391A.585 - Use of grant money to award scholarships; limitation on amount of scholarship; certain amount of scholarship held in trust account until certain conditions are met.

1. Each university, college or other provider of an alternative licensure program that is awarded a grant of money from the Account pursuant to NRS 391A.580 shall use the money to award Teach Nevada Scholarships to students who will attend the university, college or other provider of an alternative licensure program with the intent to complete a program described in subsection 1 of NRS 391A.580. Such students may include, without limitation:

(a) Recent high school graduates who enroll in a program described in subsection 1 of NRS 391A.580;

(b) Students who are enrolled at a university or college who change their academic program or major to a program described in subsection 1 of NRS 391A.580;

(c) Students who have completed some credits at a university or college and who enroll in a program described in subsection 1 of NRS 391A.580;

(d) Students who possess a bachelor’s degree in a field other than education who pursue an alternative route to licensure as a teacher;

(e) Veterans and the spouses of veterans; and

(f) Students who have had some experience working in a classroom, including, without limitation, as a paraprofessional or substitute teacher.

2. A university, college or other provider of an alternative licensure program may award a Teach Nevada Scholarship to a scholarship recipient in an amount not to exceed $3,000 per semester or $24,000 in the aggregate.

3. A university, college or other provider of an alternative licensure program that awards a Teach Nevada Scholarship shall, at the beginning of each semester:

(a) Disburse to the scholarship recipient 75 percent of the scholarship money awarded to the scholarship recipient for the semester; and

(b) Deposit 25 percent of such money into a trust account established for the scholarship recipient.

4. A scholarship recipient may only receive the money deposited in the trust account established pursuant to paragraph (b) of subsection 3 if the scholarship recipient:

(a) Completes the program for which he or she was awarded the scholarship;

(b) Maintains employment as a teacher at a public school in this State for 5 consecutive school years immediately following completion of the program; and

(c) Meets any other requirements established by the State Board.

5. To receive the money placed into the trust account pursuant to paragraph (b) of subsection 3, a scholarship recipient who meets the requirements set forth in subsection 4 must request the university, college or other provider of an alternative licensure program that established the trust account to withdraw the money within 120 days after the 5-year anniversary of the date on which the scholarship recipient completed the program for which he or she was awarded the scholarship. Any money in a trust account that is not claimed within that time reverts to the university, college or other provider of an alternative licensure program that established the trust account and must be used only to pay any costs associated with a program described in subsection 1 of NRS 391A.580.

6. If a scholarship recipient fails to meet the requirements of subsection 4, the university, college or other provider of an alternative licensure program that established the trust account for the scholarship recipient must transfer any money in the trust account to the State Board for credit to the Account.

(Added to NRS by 2015, 2195)