1. An entity described in subsection 1 of NRS 391A.505 may submit an application for a grant of money from the Great Teaching and Leading Fund on the form prescribed by the Superintendent of Public Instruction, which must include, without limitation, a description of how the entity will use money from the grant to address the priorities prescribed by the State Board pursuant to subsection 4 of NRS 391A.505 and the period for which the grant is requested, not to exceed 3 years.

2. An entity that receives a grant of money from the Fund shall use the money in accordance with the priorities of programs prescribed by the State Board pursuant to subsection 4 of NRS 391A.505 to provide:

(a) Professional development for teachers, administrators and other licensed educational personnel;

(b) Programs of preparation for teachers, administrators and other licensed educational personnel;

(c) Programs of peer assistance and review for teachers, administrators and other licensed educational personnel;

(d) Programs for leadership training and development; and

(e) Programs to recruit, select and retain effective teachers and principals.

3. An entity that receives a grant of money from the Fund shall provide a report annually if the entity receives a grant of money for more than 1 year or, if the entity receives a grant of money for 1 year or less, within 120 days after the conclusion of the grant to the Superintendent of Public Instruction in the form prescribed by the Superintendent that includes, without limitation, a description of:

(a) The programs for which the grant of money was used.

(b) The effectiveness of the grant of money in:

(1) Improving the achievement of pupils;

(2) Assisting teachers, administrators and other licensed educational personnel; and

(3) Improving the recruitment, selection and retention of effective teachers and principals.

(Added to NRS by 2015, 3694)