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The state will provide direct funding to undergraduate students through the College Opportunity Fund. Note: This stipend replaces the amount previously appropriated directly to the institutions for undergraduate education and does not represent additional funding from the State for the students or the institutions. The College Opportunity Fund has options if the credit hour limit has been met.
The next three consecutive semesters of undergraduate coursework will be reviewed automatically, students do not need to complete anything at this time. If there are any available funds they will be applied to the student's bill this is not a guarantee that a student will receive funds or that it will be the full amount.
A link to that document is provided below. As stated in the law, the program is designed to "increase citizens' awareness of the value of and need for a postsecondary education, and In the past, the state legislature provided the equivalent of a block grant to schools; now, schools will be paid by the State based on individual students' credit hour enrollment not a fixed, standard amount for each semester. If you are eligible for a College Opportunity Fund COF stipend and fail to apply, you will be responsible for paying the full amount of in-state tuition, including the amount the state would have supplemented had you applied and qualified.
To put it simply, students should sign up, or they will pay more of the in-state tuition costs. Undergraduate students who are classified as Colorado residents for tuition purposes are considered eligible students. This applies to both current undergraduates as well as students who will first enroll in the Fall of Eligible students are those who are classified as Colorado residents for tuition purposes. If you live and attend a high school in another state, or another country, you may be classified as a Colorado resident.
Such situations could include a military station outside of Colorado, having a divorced parent who is a Colorado resident, being a permanent Colorado resident but having a parent who is employed in another country and that is where the family resides , etc.