(1) The general assembly hereby declares that the Colorado opportunity scholarship initiative created in this part 10 is intended to:
Award scholarships or grants based upon a rigor-based method that emphasizes student commitment to academic achievement and successful placement in the workforce and ensuring that participating students and institutions be held accountable through measurable outcomes; and
Develop the connections and community partnerships necessary to ensure that everyColorado student has the support needed to enter a postsecondary opportunity, persist and succeed, and enter his or her desired position in the workforce.
(2) It is the intent of the general assembly to match nonprofit and private financial contributions to the Colorado opportunity scholarship initiative with annual contributions from the general fund so that a sustainable corpus is created to fund scholarship awards in future years. Whenever practicable, the annual match should be in an amount that is significant enough to attract continued investment by community partners.
Source: L. 2014: Entire part added, (HB 14-1384), ch. 347, p. 1554, § 1, effective August 6.