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COSI Program Review & Redesign

COSI's Matching Student Scholarship and Community Partnership Program - Postsecondary grants will undergo a redesign. In May 2023, the COSI Advisory Board voted to combine the grants into one program that will launch in July 2026. 

The redesign is happening in four phases. We are currently in the Phase II: Feedback & Planning. During this phase, COSI will work with Third Sector to collect stakeholder feedback and determine the new program design. Currently, the only decision that has been made is that both COSI programs will be combined into one. 

We'll continue to provide updates on this process and information about opportunities for stakeholder engagement on this webpage. 

Ask us a Question About the Redesign

 COSI Program Redesign Timeline: 2023 exploration phase, 2024 feedback and planning, 2025 application phase, 2026 launch phase

Updates

The board approved the following items at the July 18, 2024, COSI Board Retreat.  

  • Funding Model: Separating IHE and CBO pools of funding 

  • IHE pool funding factors 

  • Pell-eligible headcount 

  • Area Technical College Adjustment 

  • Community College Adjustment 

  • Equity Adjustment 

  • Rural Adjustment 

  • CBO pool funding factors 

  • Based on the estimated expected students served 

  • Receive XXXX per student for scholarships 

  • Receive XXXX per student for wraparound supports 

  • Administrative Funding  

  • 5% one-time 

  • 3% annual increase in operating budget 

 

We anticipate the COSI Board will vote on the following at the September meeting. 

  • The total amount of funds available for both pools (IHE and CBO) 

  • The percentage amounts for each of the IHE factors 

  • The amounts for each of the CBO factors.  

Upcoming Events

COSI Advisory Board Meeting 

September 18, 2024, at 10am MST 

Resources

Resources on the Google Drive