SB15-148 Summary

• Provides supplemental appropriations to the Department of Higher Education for fiscal year 2014-2015, amending Part VI of HB 14-1336.

• Allocates funds across multiple divisions including Department Administrative Office ($4,060,448), Colorado Commission on Higher Education ($13,800,267), and Financial Aid programs ($112,093,098).

• Appropriates $525,674,494 for the College Opportunity Fund Program, including stipends for approximately 130,925 full-time equivalent students at $1,980.00 per 30 credit hours and fee-for-service contracts with state institutions.

• Provides appropriations to all Colorado higher education governing boards including the University of Colorado system ($1,018,675,773), Colorado State University system ($481,905,090), and community colleges ($406,205,926).

• Includes funding for specialized programs such as GEAR UP ($5,000,000), Western Interstate Commission for Higher Education ($137,000), and History Colorado operations ($30,163,038).