1 Colo. Code Regs. § 301-44.2202-R-4.00
Current through Register Vol. 47, No. 22, November 25, 2024
Rule 1 CCR 301-44.2202-R-4.00 - Funds Distribution4.01 A school district may request funds for travel on behalf of district pupils who qualify for a national competition under these Rules. These travel funds include the cost of travel for participating pupils and chaperones only. Travel costs may include both transportation and lodging.4.02 Application for travel funds must be made to the department within 30 days following the state contest through which pupils qualify for national competition.4.03 In order for a district application to qualify for funding within the current fiscal year, the state level contest specified in 4.02 of this section must take place between July 1 and May 31 of the current fiscal year. Distribution of funds will be made in June of the current fiscal year.4.04 Funds shall be awarded by the department to qualified district applicants on the basis of:4.04(1) Monies available in the National Academic Contest Fund on June 1 of the current fiscal year;4.04(2) The number of district applicants requesting funds under these Rules as of June 1 of the current fiscal year, and,4.04(3) The level of contribution by the sponsoring school district, school, community organizations, and any other sources of funds, toward the travel cost of participating pupils and their chaperones, at a rate of 1:1, up to one-half of the total travel cost. Examples:
Ex. 1 | Ex. 2 | Ex. 3 | Ex. 4 |
Total in Fund as of June 1 | $50,000 | $50,000 | $50,000 | $35,000 |
Number of applicants as of June 1 | 50 | 100 | 20 | 40 |
Potential available/applicant | $1000 | $500 | $2500 | $875 |
Applicant's cost of travel (transportation and lodging) | $5000 | $5000 | $5000 | $2000 |
District/school/community organization contribution/other funding sources | $2000 | $2000 | $2500 | $750 |
Amount of Award | $1000 | $500 | $2500 | $750 |