Nevada § 394.557 - Fee to be paid to Administrator for students who enroll in certain programs
Full text of Nevada Nevada Revised Statutes § 394.557 — Fee to be paid to Administrator for students who enroll in certain programs, with citation guidance and answers to common questions.
§ 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: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 394.557
What does Nevada Revised Statutes § 394.557 cover?
Section 394.557 ("Fee to be paid to Administrator for students who enroll in certain programs") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 394.557?
A common citation format is "Nevada Revised Statutes § 394.557" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 394.557 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.