Nevada § 226.550 “Student loan servicing” or “servicing” defined

Nevada Statutes

§ 226.550 — “Student loan servicing” or “servicing” defined

Nevada § 226.550

Title 18STATE EXECUTIVE DEPARTMENT

Ch. 226State

STUDENT LOAN OMBUDSMAN

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Bluebook

Nev. Rev. Stat. § 226.550 (2026).

Text

“Student loan servicing” or “servicing” means:

1.Receiving any scheduled periodic payments from a student loan borrower pursuant to the terms of a student education loan or any notification that a student loan borrower made such a scheduled periodic payment and applying the payments to the account of a student loan borrower, as may be required pursuant to the terms of a student education loan or a contract governing the servicing of a student education loan;

2.During a period in which no payment is required on a student education loan, maintaining account records for a student education loan and communicating with the student loan borrower on behalf of the owner of the promissory note for the student education loan; or

3.Interacting with a student loan borrower concerning a student educ

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“Student loan servicing” or “servicing” means:
1. Receiving any scheduled periodic payments from a student loan borrower pursuant to the terms of a student education loan or any notification that a student loan borrower made such a scheduled periodic payment and applying the payments to the account of a student loan borrower, as may be required pursuant to the terms of a student education loan or a contract governing the servicing of a student education loan;
2. During a period in which no payment is required on a student education loan, maintaining account records for a student education loan and communicating with the student loan borrower on behalf of the owner of the promissory note for the student education loan; or
3. Interacting with a student loan borrower concerning a student education loan with the goal of helping the student loan borrower avoid default on the student education loan or facilitating the activities described in subsection 1 or 2.