Fund Sueños (Dream Fund) Expands Access to College Education

DACA students and others who aren't eligible to receive federal financial assistance can receive up to $3,000 per year

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

Fund Sueños (Dream Fund) Expands Access to College Education

DACA students and others who aren't eligible to receive federal financial aid can receive up to $3,000 per year

Fund Sueños helps students pay for college through income-share agreements. After students graduate and are working, they repay the funds based on a percentage of their earnings. Their repayment goes back into Fund Sueños to help other students, completing the circle of generosity.

Who is eligible for Fund Sueños?

Fund Sueños is for Colorado Mountain College 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

How does the Income-share Agreement (ISA) Work?

An ISA is not a loan, but operates like one. The Fund Sueños ISA provides funds to students at 0% interest rate. Here's how:

  • Donors contribute to Fund Sueños

    Private donors provide the funds for the program through charitable donations to the Colorado Mountain College Foundation. These funds are available to students who cannot get federal student loans or Pell Grants.

  • Student Application & Contract

    Qualified students apply and sign a contract for the ISA. Students may receive up to $3,000 per year. This is enough to cover tuition ($2,400 per year), student fees and books for full-time, in-district students. 

  • Study at Colorado Mountain College

    Students attend Colorado Mountain College at any of its campuses and locations. The ISA may be used for any CMC degree or certificate.

  • After graduation, Begin Repaying Fund Sueños

    Payments begin six months following graduation and only when the graduate is making $30,000 or more per year. The recipient makes monthly, automatic payments at 4% of their current income. Payments continue up to 60 months until the zero-interest ISA is fully repaid.

    For example, a recipient making $30,000/yr makes payments of approximately $100/month.

  • Repayment helps more students

    As graduates pay a share of their income back into the program, those funds will go to support future students.

  • Donors contribute to Fund Sueños

    Private donors provide the funds for the program through charitable donations to the Colorado Mountain College Foundation. These funds are available to students who cannot get federal student loans or Pell Grants.

  • Student Application & Contract

    Qualified students apply and sign a contract for the ISA. Students may receive up to $3,000 per year. This is enough to cover tuition ($2,400 per year), student fees and books for full-time, in-district students. 

  • Study at Colorado Mountain College

    Students attend Colorado Mountain College at any of its campuses and locations. The ISA may be used for any CMC degree or certificate.

  • After graduation, Begin Repaying Fund Sueños

    Payments begin six months following graduation and only when the graduate is making $30,000 or more per year. The recipient makes monthly, automatic payments at 4% of their current income. Payments continue up to 60 months until the zero-interest ISA is fully repaid.

    For example, a recipient making $30,000/yr makes payments of approximately $100/month.

  • Repayment helps more students

    As graduates pay a share of their income back into the program, those funds will go to support future students.

Learn More About Fund Sueños

The application process for the 2019-20 academic year is still under development. For now, put your name on the list and get more information about enrolling in Fund Sueños here:

Fund Sueños: the beginning of something big

This is our first year. We are starting small— supporting a few students with the funds available. We will review the program and refine it as needed.

logo: Vemo EducationOur program stands out in its reach to DACA recipients with funding from private donors. Our ISAs are administered by Vemo Education which also administers ISAs at Purdue University, Lackawanna College and Norwich University.

Want to support big dreams? We welcome more donors to grow the fund for more students, as there is more demand than we can meet with current funds. If you are interested in supporting Fund Sueños or have any questions, please contact the CMC Foundation with the link below. Charitable contributions to the CMC Foundation are 501 (c)(3) tax-deductible.

CMCFoundation@coloradomtn.edu