§ 22-2-127-1

(1) As used in this section, unless the context otherwise requires: (a) 'Eligible participant' means an educator who successfully completes training in financial aid information approved by the department.(b) 'Local education provider' means a school district, a charter school authorized by a school district pursuant to part 1 of article 30.5 of this title 22, a charter school authorized by the state charter school institute pursuant to part 5 of article 30.5 of this title 22, or a board of cooperative services created and operating pursuant to article 5 of this title 22 that operates one or more public schools.(c) 'Training to improve financial aid information available to students and families' or 'training' means a training conducted by the department of higher education and approved by the department with an emphasis on improving the completion rate of students completing the free application for federal student aid and the Colorado application for state financial aid.(2) Beginning with the 2022-23 state fiscal year, for eligible participants who successfully complete training to improve financial aid information available to students and families, the department, subject to

ng with the 2022-23 state fiscal year, for eligible participants who successfully complete training to improve financial aid information available to students and families, the department, subject to available appropriations, shall award to the eligible participant a one-time stipend in the amount of five hundred dollars.(3) For the 2022-23 state fiscal year, the general assembly shall appropriate to the department two hundred thousand dollars from the general fund to be used for the stipends pursuant to this section. Any unexpended money remaining at the end of the 2022-23 state fiscal year from this appropriation:(a) Does not revert to the general fund or any other fund;(b) May be used by the department in the 2023-24 or 2024-25 state fiscal years without further appropriation; and(c) Must not be used for any other purpose other than the purposes set forth in this section.(4) This section is repealed, effective July 1, 2025.Added by 2022 Ch. 244, § 5, eff. 5/26/2022. For the legislative declaration in HB 22-1366, see section 1 of chapter 244, Session Laws of Colorado 2022.