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Colorado Department of Higher Education

Suite 1200
1380 Lawrence Street
Denver, CO 80204
Phone: (303) 866-2723
Fax: (303) 866-4266
Website: http://highered.colorado.gov/

The state of Colorado designated College Assist to administer the state's loan programs, but this quasi-state agency will be selling their FFELP loans to Nelnet. This action is being taken because of the July 1, 2010 switch to federal Direct student loans.

There are currently no separate state loan programs and no interest rate reductions offered on federal student loans.

Check your Colorado FAFSA deadline .

Colorado participates in a number of federal loan forgiveness programs and also offers its own:

Colorado's Loan Incentive for Teachers (LIFT) Program will pay up to $8000.

Colorado's Loan Incentive for Teachers of Nursing (LIFT Nursing) Program will pay up to $20,000.

Colorado's Health Care Provider Loan Repayment Program will pay up to $25,000 per year.

The last program is jointly funded by the federal government and the state of Colorado.

The state also offers a Dental Loan Repayment Program which is funded by the proceeds of its tobacco settlement.

The University of Colorado Law School has also established the Loan Repayment Assistance Program (LRAP). LRAP provides partial loan repayment to selected students who choose qualifying public interest work.

Colorado relies mainly on the federal programs for loan disbursement, but is using state funds to increase the numbers of professionals in targeted areas.

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