Answer:
The College Opportunity Fund (COF) is a trust fund created by the Colorado State Legislature for eligible, undergraduate, in-state students. From this fund, a stipend will pay a portion ($116 per credit hour) of in-state tuition for eligible students and is calculated on a per credit basis with a maximum of 145 cred hours. The Colorado General Assembly determines the per credit amount of the stipend annually.
Stipends, like scholarships and grants, do not need to be repaid.
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