HB 12-1185: Supplemental Appropriation to Department of Higher Education

• Amends the FY 2011-2012 budget for the Department of Higher Education, making supplemental appropriations across multiple higher education programs and institutions.

• Appropriates $2,891,180,068 total for higher education, with $397,508,897 from the General Fund and $226,733,333 from the General Fund Exempt Account.

• Funds Colorado Commission on Higher Education programs including need-based grants ($74,859,186), work-study ($16,612,357), and special purpose aid including veterans' tuition assistance and Native American student support.

• Appropriates $500,544,672 for the College Opportunity Fund Program, providing stipends to approximately 147,334 full-time equivalent students at state institutions and 1,160 students at participating private institutions.

• Provides funding for all state higher education governing boards including University of Colorado ($884,220,891), Colorado State University System ($390,756,718), and community colleges ($387,072,701), with funds sourced from tuition, academic fees, and gaming tax revenues.