C.R.S. Section 23-3.3-102
Assistance program authorized

  • procedure
  • audits

(1)

The general assembly hereby authorizes the commission to establish a program of financial assistance, to be operated during any school sessions, including summer sessions for students attending institutions.

(2)

The commission shall determine, by guideline, the institutions eligible for participation in the program and shall annually determine the amount allocated to each institution.

(3)

Each state institution shall administer a financial assistance program according to policies and procedures established by the governing board of the institution. Each private institution of higher education, as defined in section 23-18-102 (9), that participates in the program of financial assistance established pursuant to this section shall administer a financial assistance program according to policies and procedures established by the governing board of the institution. Each participating nonpublic institution that is not a private institution of higher education shall administer a financial assistance program according to policies and procedures established by the commission. Each institution shall fund its assistance program using state moneys allocated to the institution and institutional moneys.

(3.5)

Notwithstanding any provision of this article to the contrary, each participating institution shall adopt policies and procedures to allow a person who meets the following criteria to qualify for financial assistance through the financial assistance programs established pursuant to this article:

(a)

The person qualifies as an in-state student; and

(b)

The person is enrolled at an institution that participates in the programs of financial assistance established pursuant to this article; and

(c)

The person is enrolled in an approved program of preparation, as defined in section 22-60.5-102 (8), C.R.S., for principals.

(4)

Program disbursements shall be handled by the institution subject to audit and review.

(5)

Upon commencement of participation in the program, no participating institution shall decrease the amount of its own funds spent for student aid below the amount so spent prior to participation in the program.

(6)

In determining the amount allocated to each institution that is not a state institution or a nonpublic institution of higher education, the commission shall consider only that portion of financial need which would have existed were the institution’s tuition no greater than the highest in-state tuition rate charged by a comparable state institution. In determining the amount allocated to each nonpublic institution of higher education, the commission shall base its determination upon the cost of attendance at a nonpublic institution of higher education.

(7)

Each annual budget request submitted by the commission shall provide information on the proposed distribution of moneys among the programs developed under this article. Subsequent to final appropriation, the commission shall provide to the joint budget committee an allocation proposal specifically identifying the distributions among programs for the coming year. Expenditures in any program shall not exceed the allocation for that program by more than ten percent of such allocation, and the total appropriation for all student aid programs shall not be exceeded. The commission may require such reports from institutions as are necessary to fulfill the reporting requirements of this subsection (7) and to perform other administrative tasks.

(8)

The state auditor or his or her designee shall audit, in accordance with state statute and federal guidelines, the program at any participating institution every other year to review residency determinations, needs analyses, awards, payment procedures, and such other practices as may be necessary to ensure that the program is being properly administered, but the audit shall be limited to the administration of the program at the participating institution. The state auditor may accept an audit of the program from an institution that is not a state institution from such institution’s independent auditor. The cost of conducting audits of the program at an institution that is not a state institution shall be borne by such institution.

(9)

Repealed.

Source: Section 23-3.3-102 — Assistance program authorized - procedure - audits, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-23.­pdf (accessed Oct. 20, 2023).

23‑3.3‑101
Definitions 23‑3.3‑102
Assistance program authorized - procedure - audits 23‑3.3‑103
Annual appropriations - repeal 23‑3.3‑104
Assistance to professional theology students prohibited 23‑3.3‑106
Technology to support FAFSA and CASFA - definitions 23‑3.3‑107
Improvements to CASFA - definitions - repeal 23‑3.3‑201
Definitions 23‑3.3‑202
Program funding 23‑3.3‑204
Dependents of prisoners of war and military personnel missing in action 23‑3.3‑205
Dependents of deceased or permanently disabled National Guardsman, law enforcement officer, or firefighter 23‑3.3‑301
Student loan matching program - funding 23‑3.3‑401
Work-study program established - requirements 23‑3.3‑501
Scholarship and grant program - funding 23‑3.3‑600.1
Short title 23‑3.3‑601
Educational exchange program 23‑3.3‑701
Colorado nursing scholarship program 23‑3.3‑901
Teach Colorado grant initiative created - award of grants - legislative declaration 23‑3.3‑1001
Legislative declaration - repeal 23‑3.3‑1002
Definitions 23‑3.3‑1003
Colorado opportunity scholarship initiative - created 23‑3.3‑1004
Colorado opportunity scholarship initiative advisory board - created - duties - rules - repeal 23‑3.3‑1005
Colorado opportunity scholarship initiative fund - created - rules - repeal 23‑3.3‑1006
Colorado opportunity scholarship initiative - federal money - institutional allocations - purposes - reporting - rules - definitions - repeal 23‑3.3‑1007
Student aid applications completion grant program - created - applications - rules - definitions - repeal 23‑3.3‑1008
Displaced workers grant - repeal 23‑3.3‑1009
Support for in-demand short-term health-care credentials - report - definitions - repeal 23‑3.3‑1010
Youth mentorship assistance grant pilot program - creation - policies - reports - definitions - repeal 23‑3.3‑1101
Career and technical education certificate programs - tuition assistance - funding - definitions 23‑3.3‑1301
Legislative declaration 23‑3.3‑1302
Definitions 23‑3.3‑1303
Fourth-year innovation pilot program - creation - eligibility - award of state funding - commission policies 23‑3.3‑1304
Receipt and use of state funding 23‑3.3‑1305
Reporting requirements 23‑3.3‑1306
Fourth-year innovation pilot program fund - creation - reversion 23‑3.3‑1307
Repeal of part 23‑3.3‑1401
Financial aid for students who have been in out-of-home placement - institution liaisons - navigators - definitions
Green check means up to date. Up to date

Current through Fall 2024

§ 23-3.3-102’s source at colorado​.gov