College Opportunity Fund (COF)
The College Opportunity Fund (COF) is Colorado's contribution to resident tuition rate. COF eligibility requires a COF stipend application. It currently pay $75 per credit hour for the 2016-2017 academic year and is set annually by the Colorado General Assembly.
How COF Works:
- You only have to apply for COF once. When you complete the stipend application you create an account with 145 available undergraduate hours. You can receive stipend funding for these hours at any participating college in the state of Colorado if you meet the eligibility requirements.
- You need to authorize your COF every semester. This can be done when you are registering for classes.
- There are no income qualifications for undergraduate students attending a public institution.
- COF is not considered financial aid.
- You must be eligible for in-state tuition (or attending under an eligible tuition program that charges a special-category rate (concurrent enrollment, ASSET, or Military) and be currently enrolled in courses.
- You can receive the stipend every term that you take eligible undergraduate courses, and have not met your 145 credit hour life time limit.
Steps to Receive COF:
Please note: If you have followed all of the above steps and COF does not post to your account within 5 business days, please contact us at 719-502-3000 or firstname.lastname@example.org.
Credit Hour Limit:
You can use COF up to 145 credits. Review your COF lifetime “hours used” balance on the College Opportunity Fund website.
If you exceed 145 credits, you have two options:
Option 1: Fill out an Institutional COF Waiver Form.
Option 2: Fill out an CCHE COF Waiver Form.