Fund Sueños: Today For Me, Tomorrow For You

DACA students and eligible students can receive up to $3,000 per year

photo: CMC graduates mingle before their graduation ceremony at the Rifle Airport

Fund Sueños: Today For Me, Tomorrow For You

DACA students and eligible students can receive up to $3,000 per year

Fund Suños graphic

“Fund Sueños was the bridge that helped me get over that last barrier while at CMC. Fund Sueños helped me as a Dreamer when no one else did, and I am truly grateful for it.”

– Cristian, Fund Sueños recipient

We're so glad you're here. We want to share a statement from CMC's President, Dr. Carrie Hauser:

“Our educational and social mission extends to all Coloradans. Fund Sueños is designed to breakdown persistent financial barriers for DREAMers and other students to ensure we are inclusive and accessible to everyone, modeling the democratic promise of higher education.”

That's great but what is Fund Sueños?

Fund Sueños helps DREAMers, and other students that aren't eligible for federal aid, to borrow money from CMC to pay for school. It's interest-free and once you graduate (and have a job), you will pay the amount that you borrowed back into Fund Sueños. That money that you pay back will be giving another DREAMer, like you, the opportunity to go to school.

Wow! Is there more that I should know?

Yes. Fund Sueños is an Income Share Agreement (ISA) which is an agreement between you and CMC. The agreement basically means that we, CMC, will help you pay for college and you agree that once you graduate, you'll pay Fund Sueños back to help future students. Good news – we aren't like other ISAs that you have researched. CMC's Fund Sueños is unique.

How is Fund Sueños unique?

First off, Fund Sueños was specifically built for DREAMers. CMC believes that you have a right to an education and that money shouldn't be a barrier.

Second, Fund Sueños is interest-free! (Other ISAs aren't like that!) So, when you are repaying what you borrowed, you are only paying the amount you borrowed. So, let's say that you borrow $9,000. Once you graduate and have a job earning more than $30,000 annually, you'll begin to pay that $9,000 back in monthly payments. Don't worry – the amount you pay back each month will be adjusted based on how much money you earn. So, you'll either have those monthly payments until you've paid the $9,000 in full OR you will pay until you've paid for 60 months in a row. Whichever comes first.

So, who is eligible for Fund Sueños?

Fund Sueños is for CMC students who:

  • Have financial need
  • Have no access to federal financial assistance
  • Qualify as in-state or in-district students
  • Have U.S. work authorization

In other words, you are eligible if you have DACA and you qualify for ASSET.

Alright. Sounds great. I'm ready to take the next step!

If you're interested in learning more, please contact us at

If you're interested in donating to Fund Sueños, head to CMC Foundation.

Frequently Asked Questions

What is an income share agreement?

An income share agreement (ISA) is a financial obligation in which a student receives funding for their education-related expenses in exchange for paying an agreed upon percentage of income over a defined number of months after attending CMC. It is not a traditional loan or grant, and there is no principal balance or interest rate. ISA payments are flexible with changes in an individual's income and life circumstances. ISAs pay today’s tuition with tomorrow’s earnings. At Colorado Mountain College, your Fund Sueños payments will go back into Fund Sueños and will be used to support future students.

Can I request Fund Sueños for multiple terms/years?

You can request to use Fund Sueños for up to one academic year at a time. To use Fund Sueños for multiple years, you would need to reach out to and complete a yearly agreement.

What happens if I do not make more than $30,000?

Once it is time to pay towards Fund Sueños and a recipient does not make $30,000 or more annually, the payments will be suspended until the recipient is earning $30,000 or more annually

What happens if I am making more than $30,000 but I suddenly lose my job?

You will need to reach out to the point of contact at Vemo to update them on your employment status. If a recipient is unemployed, payments will be suspended for a period of time.

What happens if the terms of repayment are over but there is still money owed?

If a recipient has a balance at the end of the 60 payments, CMC will pay the rest of the balance. The recipient’s contract will be closed in good standing.

Who will manage my Income Share Agreement?

CMC has partnered with a third-party to provide a place for students to review and sign the Rural Nursing Success Fund ISA agreements, make payments, manage payment methods, and more. This partner will be introduced to you when you apply for an ISA and works hand-in-hand with CMC to provide customer services to all recipients.

After I graduate, when do I start making payments?

You will have a 6-month grace period after graduation. The 6-month grace period will start at the beginning of the next month.  So, if you graduate on May 15, your grace period will begin on June 1.

Once that grace period has ended and you have a job that pays $30,000 or more annually, you will start paying 4% of your annual salary each year. That will then be calculated into monthly payments that will for you.   

For example, let’s say you get a job that pays $45,000 (gross) annually.  4% of $45,000 is $1,800.00 per year, which will be a monthly payment of $150. Good news – someone will calculate this for you!

How will I know if an ISA is a good option for me?

A great place to start is by meeting with a Financial Aid Specialist at your campus. Let them know that you are considering Fund Sueños and would like to learn more about the options that are available to you. Getting more information will allow you to make the best decision for you.

Fund Sueños is a great option that gives you the opportunity to pay it forward but there are other options that are out there and worth exploring.

I am a DREAMer and I am nervous about Public Charge. If I owe money to the college for my education, does this count as Public Charge?

Fund Sueños is not funded through the use of public funds: 100% of the funds are private donations. The agreement you sign is essentially your promise to pay back the money you borrowed, if and when you can.

Remember, this money goes back into a pool of funds used to help other DREAMers like you.

How is my information protected?

You are protected by FERPA which is the Family Educational Rights and Privacy Act. FERPA is a federal law that protects the privacy of the student’s education records.  This means that the information that CMC has is private information.  Learn more about FERPA.

CMC does have “Directory Information” that can be released and that includes student name, attendance, enrollment status, degree/awards received, activity participation and major. If you do not want this information available to the public, complete the FERPA Request to Withhold Directory Information and return it to the Office of the Registrar at your campus.

What happens if DACA goes away or I no longer have the ability to renew my employment authorization?

If DACA were to go away or you no longer have employment authorization to have a job than you would not be obligated to pay into Fund Sueños. Remember, repayment is determined by your income of $30,000 or more.