NRS396.945. Eligibility criteria for Memorial Scholarship; submission and review of applications; selection of recipient; maximum amount of Memorial Scholarship; authorized uses of Memorial Scholarship.

      1.  The Board shall annually award the Memorial Scholarship to:

      (a) One recipient who is a student enrolled at:

             (1) The University of Nevada, Reno, Great Basin College or Sierra Nevada College; or

             (2) Any other college or university which awards a bachelor’s degree in education and which is designated by the Board as an institution representative of northern Nevada; and

      (b) One recipient who is a student enrolled at:

             (1) The University of Nevada, Las Vegas, or Nevada State College; or

             (2) Any other college or university which awards a bachelor’s degree in education and which is designated by the Board as an institution representative of southern Nevada.

      2.  The Board shall establish additional criteria governing the annual selection of each recipient of the Memorial Scholarship, which must include, without limitation, a requirement that a recipient:

      (a) Be in or entering his or her senior year at an academic institution described in subsection 1;

      (b) Be on the list of eligible students for a Millennium Scholarship which is certified to the State Treasurer pursuant to NRS 396.934;

      (c) Have a college grade point average of not less than 3.5 on a 4.0 grading scale;

      (d) Have a declared major in elementary education or secondary education;

      (e) Have a stated commitment to teaching in this State following graduation; and

      (f) Have a commendable record of community service.

      3.  A student who satisfies the criteria established pursuant to this section may apply for a Memorial Scholarship by submitting an application to the Office of the State Treasurer on a form provided on the Internet website of the State Treasurer.

      4.  The State Treasurer shall forward all applications received pursuant to subsection 3 to the Board. The Board shall review and evaluate each application received from the State Treasurer and select each recipient of the Memorial Scholarship in accordance with the criteria established pursuant to this section.

      5.  To the extent of available money in the account established pursuant to NRS 396.940, the annual Memorial Scholarship may be awarded to each selected recipient in an amount not to exceed $4,500 to pay the educational expenses of the recipient for the school year which are authorized by subsection 6 and which are not otherwise paid for by the Millennium Scholarship awarded to the recipient.

      6.  A Memorial Scholarship must be used only:

      (a) For the payment of registration fees and laboratory fees and expenses;

      (b) To purchase required textbooks and course materials; and

      (c) For other costs related to the attendance of the student at the academic institution in which he or she is enrolled.

      7.  As used in this section, “Board” means the Board of Trustees of the College Savings Plans of Nevada created by NRS 353B.005.

      (Added to NRS by 2011, 36; A 2013, 245)