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College Opportunity Fund (COF)The College Opportunity Fund program provides a stipend for new and continuing in-state students going to college in Colorado. To receive the stipend, a student must apply for and authorize the use of the stipend at their respective institution.
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Frequently Asked Questions - for more information visit the COF FAQ page
What is The College Opportunity Fund (COF)?
The College Opportunity Fund (COF), created by the Colorado Legislature, provides a stipend to eligible undergraduate students. The stipend pays a portion of your total in-state tuition when you attend a participating college.
Eligible undergraduate students must apply, be admitted and enroll in classes at a participating college to receive this benefit. Both new and continuing students are eligible for the stipend.
Qualifying students may use the stipend for eligible undergraduate classes. The stipend is paid on a per credit hour basis directly to the college at which the student is enrolled. The credit-hour amount is set annually by the General Assembly.
What is a stipend?
"Stipend" means the amount of money per credit hour paid by the state of Colorado on behalf of an eligible undergraduate student who is attending a participating college in the state of Colorado.
The specified amount of the stipend per credit hour is set annually by the Colorado General Assembly. The amount will never exceed the student's total in-state tuition. The value of the per credit hour stipend will be the same for each eligible undergraduate student attending a participating state college.
If an eligible undergraduate student attends a participating private college in the state of Colorado, the per credit hour amount is fifty percent (50%) of the annually set stipend amount.
Total stipend hours per student, per semester, are reported to the College Opportunity Fund (COF) by the college you are attending. COF matches the student information provided by the college with Stipend Application Account information in its database (the information you provided when you created your stipend account) and disburses the stipend amount requested directly to the college.
Who is eligible?
Eligibility is determined by the type of college you attend.
If you attend a participating public college:
What is The College Opportunity Fund (COF)?
The College Opportunity Fund (COF), created by the Colorado Legislature, provides a stipend to eligible undergraduate students. The stipend pays a portion of your total in-state tuition when you attend a participating college.
Eligible undergraduate students must apply, be admitted and enroll in classes at a participating college to receive this benefit. Both new and continuing students are eligible for the stipend.
Qualifying students may use the stipend for eligible undergraduate classes. The stipend is paid on a per credit hour basis directly to the college at which the student is enrolled. The credit-hour amount is set annually by the General Assembly.
What is a stipend?
"Stipend" means the amount of money per credit hour paid by the state of Colorado on behalf of an eligible undergraduate student who is attending a participating college in the state of Colorado.
The specified amount of the stipend per credit hour is set annually by the Colorado General Assembly. The amount will never exceed the student's total in-state tuition. The value of the per credit hour stipend will be the same for each eligible undergraduate student attending a participating state college.
If an eligible undergraduate student attends a participating private college in the state of Colorado, the per credit hour amount is fifty percent (50%) of the annually set stipend amount.
Total stipend hours per student, per semester, are reported to the College Opportunity Fund (COF) by the college you are attending. COF matches the student information provided by the college with Stipend Application Account information in its database (the information you provided when you created your stipend account) and disburses the stipend amount requested directly to the college.
Who is eligible?
Eligibility is determined by the type of college you attend.
If you attend a participating public college:
- Undergraduate students enrolled at public colleges are eligible if they are classified as in-state students for tuition purposes. This is determined by the college.
- Undergraduate students enrolled at participating private colleges may be eligible if the college is approved for the program by the Colorado Commission on Higher Education and the student:
- Is classified as an in-state student for tuition purposes;
- Is a graduate of a Colorado high school or has successfully completed a non-public home-based educational program in Colorado;
- Demonstrates financial need through the student's eligibility for the federal Pell Grant, or its successor program;
- Is not pursuing a professional degree in theology; and
- Meets any other eligibility requirements established by the Colorado Commission on Higher Education (CCHE).
