Scholarship Administration Policy
Effective Date
October 1, 2023
Approved By
Philip P. DiStefano, Chancellor
Policy Owner
Associate Vice Chancellor for Enrollment Management
I. Purpose
The University of Colorado Boulder (“鶹ý”) recognizes that student recruitment and retention are key components of its strategic plan. 鶹ý utilizes financial aid programs, including scholarships, to support recruitment, retention, and student success. Additionally, 鶹ý’s commitment to providing an equitable and inclusive environment where all students can achieve their academic and professional aspirations free from discrimination includes 鶹ý’s administration of scholarships.
The purpose of this policy is to articulate specific, primary goals of 鶹ý’s administration of scholarships and to charge an office with the responsibility of overseeing the implementation of those goals for the benefit of the university.
II. Policy
The primary goals of 鶹ý’s scholarship administration include to:
- maximize utilization of funds to support 鶹ý’s enrollment goals;
- attract and retain students who will contribute to the mission of 鶹ý and the university as a whole;
- reduce the financial burden on otherwise qualified students who are unable to attend 鶹ý due to costs;
- retain flexibility for 鶹ý to meet the needs of its student population as they may evolve over time;
- incorporate prudent business and operational practices;
- support fair, equitable, and inclusive scholarship awarding; and
- maximize 鶹ý compliance with related federal, state, university, and donor requirements.
To facilitate achieving 鶹ý’s scholarship administration goals, 鶹ý will maintain an office charged with the centralized responsibility of overseeing compliance and servicing the 鶹ý colleges, schools, departments, programs, or other units that award any student scholarships (Awarding Units). This Office of Scholarship Services shall create and maintain a scholarship administrators user manual that applies campus wide standards to implement the purposes of this policy. All Awarding Units shall adhere to this policy and scholarship administrators user manual.