It was my honor to join 80 leaders from selective and flagship universities at a White House summit in Washington, D.C. this semester to commit to ways we can help more low-income students enroll and complete college. As part of CU-Boulder’s commitment, I announced that the CU Promise program will be expanded from supporting 400 students to 600 students.
The CU Promise guarantees that eligible Colorado residents from low-income families will receive a financial aid package that includes grants and work-study to pay for students’ share of tuition, fees and book expenses. In addition, the expanded program will provide 10 semesters of support, which will encourage timely graduation and completion rates.
Last year the CU Promise supported 400 highly qualified undergraduates who otherwise would have found it very difficult to attend the university. Our commitment to expanding the program stems from our belief that a college education is the central ingredient for financial stability and lifelong success.
The program expansion will now serve all Colorado resident students who demonstrate eligibility for Federal Pell Grants. This will make CU Promise available to a population who could use additional support but previously did not have access to the program.
Further, an extension of this same program will provide support to an additional 125 low-income students during the summer term to keep them on track to timely degree completion. Grants will be provided to low-income students who do not have sufficient credits to progress to the junior level by the end of their sophomore year, and who would benefit from taking one or more classes during the summer months.
As Colorado’s flagship public university, the University of Colorado Boulder is committed to higher-education access for all socio-economic groups and a diverse campus community with shared perspectives.
Philip P. DiStefano, Chancellor
University of Colorado Boulder