The childcare budget parameter is established by the Colorado Department of Higher Education and is based on a range of the actual cost of care per child, per month in the state of Colorado.
Care time is determined by class time, study time, field work, internships, and commuting time for the student. The maximum care time is 15 hours per week per class while the student is enrolled. Amount approved for expenses cannot exceed $1,295 per child, per month.
Please note: A Financial Aid Advisor will contact the childcare provider to confirm enrollment/attendance. We reserve the right to request proof of payment for childcare services at any time during the academic year in which a childcare adjustment has been approved.