2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › GENERAL AND ADMINISTRATIVE (§§ 23-1-101 — 23-19.9-102) › Article 3.3 - STUDENT FINANCIAL ASSISTANCE (§§ 23-3.3-101 — 23-3.3-1501x) › Part 13 - FOURTH-YEAR INNOVATION PILOT PROGRAM (§§ 23-3.3-1301 — 23-3.3-1307) › Section 23-3.3-1305 - [Effective Until 8/7/2024] Reporting requirements

(1)
On or before November 1, 2022, and on or before November 1 of each year thereafter in which state funding is disbursed on behalf of an eligible graduate, the department shall submit a report to the department of education, the governor's office of state planning and budgeting, the joint budget committee, and the education committees of the house of representatives and of the senate, or their successor committees, which report must include, at a minimum, the following data and information, as applicable:
(a)
The number of eligible graduates receiving state funding in the current budget year and the high schools from which the eligible graduates graduated;
(b)
The amount of state funding awarded to each eligible graduate for the applicable budget year and the amount of state funding, if any, remitted to an eligible graduate by the postsecondary program pursuant to section
23-3.3-1304 (2)(a)
;
(c)
Demographic data of eligible graduates receiving state funding;
(d)
The amount of money disbursed to a local education provider for students who graduated early in the prior budget year;
(e)
The postsecondary program for which the eligible graduate used the state funding;
(f)
The number of students who have requested state funding for the current budget year prior to the date of the report, the total amount of state funding requested, the estimated total expenditures from the fund in the current budget year, and the amount of state funding that has been forfeited or is projected to be forfeited for the current budget year;
(g)
Requested adjustments to the appropriation for the pilot program and recommendations for changes to the implementation of the pilot program or statutory language, if any; and
(h)
Outcomes and data described in subsection (3) of this section for eligible graduates who received state funding.
(2)
Notwithstanding section
24-1-136 (11)(a)(I)
to the contrary, the reporting requirements set forth in subsection (1) of this section continue indefinitely.
(3)
(a)
The department of labor and employment shall communicate the reporting expectations under the federal "Workforce Innovation and Opportunity Act",
29 U.S.C. sec. 3101
et seq., to all approved training providers receiving state funding pursuant to this part 13 to ensure that participation and employment outcomes for early graduates are included in existing department of labor and employment reporting.
(b)
The department shall communicate reporting expectations to institutions of higher education receiving state funding pursuant to this part 13 to ensure that early graduates are included in existing department data collections regarding outcomes such as completion rates, earnings, and employment outcomes.
(c)
To the extent practicable, postsecondary programs receiving state funding pursuant to this part 13 shall conduct an assessment to determine why an early graduate who left the postsecondary program prior to completion left the postsecondary program.
Added by 2021 Ch. 486, § 5, eff. 7/7/2021.
L. 2021: Entire part added, (SB 21-106), ch. 3482, p. 3482, § 5, effective July 7.
This section is set out more than once due to postponed, multiple, or conflicting amendments.