As used in this part 10, unless the context otherwise requires:(1) 'Board' means the Colorado opportunity scholarship initiative advisory board created in section 23-3.3-1004.(1.5) 'Cost of attendance' means the student's cost of attending an institution of higher education that is determined by the institution of higher education based on federal and commission policy, and includes tuition, fees, room, board, books, supplies, transportation, and other allowable expenses.(2) 'Department' means the department of higher education created pursuant to section 24-1-114, C.R.S.(3) 'Director' means the director of the initiative.(4) 'Executive director' means the executive director of the Colorado commission on higher education.(4.3) 'Expected family contribution' means the amount of money that a student's family is expected to contribute to the student's cost of attendance at an institution of higher education.(4.7) 'Financial assistance' means money awarded to a student based on the student's cost of attendance at the institution of higher education.(5) 'Fund' means the Colorado opportunity scholarship initiative fund created in section 23-3.3-1005.(6) 'Initiative' means the Colorado

nt's cost of attendance at the institution of higher education.(5) 'Fund' means the Colorado opportunity scholarship initiative fund created in section 23-3.3-1005.(6) 'Initiative' means the Colorado opportunity scholarship initiative created in section 23-3.3-1003.(7) 'Nonprofit organization' means a tax-exempt charitable or social welfare organization operating under section 501 (c)(3) or 501 (c)(4) of title 26 of the United States Code, the federal 'Internal Revenue Code of 1986', as amended.(8) 'Precollegiate organization' means a state- or federally funded program offering postsecondary workforce-ready options to Colorado students.(9) Repealed.(10) 'Work-based learning' has the same meaning as set forth in section 8-83-601 (15).Amended by 2022 Ch. 357, § 16, eff. 7/1/2022.Amended by 2020 Ch. 26, § 1, eff. 9/14/2020.Added by 2014 Ch. 347, § 1, eff. 8/6/2014.L. 2014: Entire part added, (HB 14-1384), ch. 347, p. 1555, § 1, effective August 6. For the legislative declaration in SB 22-140, see section 1 of chapter 357, Session Laws of Colorado 2022.