"Employment" does not include service performed in the employ of a school, college or university if the service is performed by:
1. A student who is enrolled and is regularly attending classes at the school, college or university.
2. The spouse of a student, if the spouse is advised at the time the spouse commences performing the service that the employment is provided under a program to provide financial assistance to the student by the school, college or university and the employment will not be covered by any program of unemployment compensation.
(Added to NRS by 1971, 1350; A 1973, 597; 1977, 897)