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ERIC Number: ED500364
Record Type: Non-Journal
Publication Date: 2007-Nov
Pages: 31
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Colorado Commission on Higher Education College Opportunity Fund Status Report, FY05-06; FY06-07
Colorado Commission on Higher Education
This report for the College Opportunity Fund (COF) covers the first two fiscal years of the COF program, FY05-06, FY06-07. It describes the implementation efforts of COF program stakeholders, the statistics of participation in the program, and concerns of the program. COF enables qualifying resident students to use higher education tuition stipends to pay tuition at participating institutions. Along with fee-for-service and performance contracts, the stipends replace the prior funding approach of direct appropriations from the state legislature to institutions of higher education. The COF program was intended to improve access to and awareness of higher education and, by linking higher education funding to student enrollment, to give institutions an incentive to market to prospective students. Performance contracts were negotiated to improve access and retention, quality, institutional efficiency and the state's priority needs. In exchange, institutions were intended to have more flexibility and less state oversight. Devised at a time of constrained state support, the COF program was designed so that all publicly funded institutions would qualify for enterprise status under TABOR (Taxpayers' Bill of Rights), providing flexibility for both the governing boards and the executive branch to address revenue need of each institution. Four appendixes include: (1) Institutional Implementation Efforts; (2) Fee-for-Service Contract Table; (3) College in Colorado's COF Marketing Efforts; and (4) Additional Information. (Contains 6 tables.)
Colorado Commission on Higher Education. 1380 Lawrence Street, Denver, CO 80204. Tel: 303-866-2723; Fax: 303-866-4266; Web site: http://highered.colorado.gov/cche.html
Publication Type: Numerical/Quantitative Data; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Colorado Commission on Higher Education, Denver.
Identifiers - Location: Colorado