Do stipends reduce the amount of money students will spend on college?
No. The College Opportunity Fund is a new way for the state to make its higher education allocations. It replaces the way higher education institutions currently receive money from the state, which is in the form of a general fund subsidy based on a full-time equivalent student formula. In effect, the new stipends allow students to vote with their stipend dollars, funding the schools where they will study. 5. If students don’t receive a financial benefit from the College Opportunity Fund, what’s the point? The College Opportunity Fund empowers students to direct their share of state funding to the college or university in which they enroll. Plus, the publicity surrounding the program is designed to promote higher education to under-served students. This is also a way for the state to distribute higher education funds based on matriculation and retention. It puts the onus on Colorado colleges and universities to attract and retain students. 6. How is Metro State preparing to deal with t