C.R.S. § 23-3.3-401: Work-study program established - requirements - repeal.

(1) The commission shall use a portion of any money remaining after meeting the requirements of this part 4 and parts 2 and 3 of this article 3.3 to provide a work-study program of employment of qualifying students in good standing with the institution in which they are enrolled in positions that are directly under the control of the institution in which the student is enrolled or in positions with nonprofit organizations, governmental agencies, or for-profit organizations with which the institution may execute student employment contracts.

(2) Any in-state student who is enrolled or accepted for enrollment at an institution as an undergraduate may qualify for participation in the work-study program established pursuant to this section.

(3) Funds appropriated to the commission may also be used by the commission in conjunction with and to supplement funds for current job opportunities or to supplement or match funds made available through any other public or private program for financial assistance. A sum not to exceed thirty percent of the funds allocated by the commission for the work-study program may be used to provide funding on a basis other than financial need. A sum of not less than seventy percent of such money shall be used for students demonstrating financial need.

(4) Institutions of higher education that are eligible for the work-study program may use work-study program money to cover the costs of work-based learning credits for students who are required to complete credit-bearing work-based learning requirements to graduate from an institution of higher education. Funding used for the purposes of this subsection (4) is exempt from the requirements to use a student employment contract.

(5) (a) Notwithstanding any provision of this title 23 to the contrary, for the 2026-27 state fiscal year, the commission shall not allocate money to a nonpublic institution of higher education; private institution of higher education, as defined in section 23-18-102 (9); or proprietary institution of higher education, for its students under a work-study program established pursuant to this section.

(b) This subsection (5) is repealed, effective July 1, 2028.