396.893 - Board of Regents may require cosigner or security for loan.

396.893  Board of Regents may require cosigner or security for loan.  The Board of Regents or its designee may require:

      1.  A student to acquire, as security for a student loan, insurance on the student’s life and on the student’s health or against the student’s disability, or both.

      2.  That a financially responsible person agree to be jointly liable with the recipient for the repayment of the loan.

      (Added to NRS by 1989, 2136)