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 rate. The stipend value will be the same given to each eligible student. 

In 2017 school year, for residents who attend a participating college in Colorado this is:

• $75 per credit hour at participating state universities and colleges.
• $38 per credit hour at participating private universities and colleges.

For Example, if a student takes 15 credit hours per semester, that student will receive a stipend in the amount of $2,250 for year (30 credit hours). Students who attend a participating private university receive half that amount per credit hour in stipend funding ($38 per credit hour for the 2017 school year).

Who is eligible to participate?

Eligibility is determined by the type of college you attend.

If you attend a participating public college:

• Undergraduate students are eligible if they are considered an in-state student for tuition purposes determined by the college.

If you attend a participating private college: 
​Undergraduate students enrolled 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 successful completed a non-public home-based education 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 
• Meets any other eligibility requirements established by the Colorado Commission on Higher Education (CCHE)