The College
Opportunity Fund (COF)
, created by the
Colorado Legislature, provides a
stipend
to eligible undergraduate students . Eligible
undergraduate students must apply, be admitted and enroll at a
participating Colorado institution. Both new and continuing
students are eligible for the stipend. Students who do not
apply will be responsible for the full amount of in-state tuition
(student share plus the state's share).
Qualifying students may use the stipend for eligible
undergraduate classes. The stipend is paid on a per credit hour
basis to the institution at which the student is enrolled. For the
2011-2012 school year, the tuition stipend equals $62 per credit
hour for students attending a participating Colorado public college
or university. For example, if a student takes 15 credit hours per
semester, that student will receive a stipend in the amount of
$1,860 for the year (30 credit hours). Students that attend a
Colorado participating private university receive half the amount
per credit hour in stipend funding ($31.00 per credit hour for the
2011-2012 school year). The amount of per credit hour funding is
set annually by the Colorado legislature.
Each eligible undergraduate student can receive stipend funding
for up to 145 credit hours. Certain exceptions may be made to the
credit hour limit if a waiver is granted.
Eligibility Requirements
If you attend a
participating
Colorado public college or university:
- There are no income qualifications
- You do not have to be a full-time student
- You must be classified as an in-state student for tuition (as
determined by the college)
- You must be an undergraduate student
If you attend a
participating
Colorado private university
- You must be classified as an in-state student for tuition (as
determined by the college)
- You do not have to be a full-time student
- You must have graduated from a high school in the state of
Colorado, completed an approved home-school program or received a
GED from the state of Colorado
- You must apply for financial aid [complete the Free Application
for Federal Student Aid (FAFSA)] and be eligible for a Pell Grant
from the federal government
- You must be an undergraduate student
How To Apply
- You must be at least 13 years of age to apply
- You need only apply once
- You can apply now - you do not need to know what college you
will ultimately attend
Apply online