OFFICE OF THESTATE AUDITOR
Scholarship and Loan Forgiveness ProgramsCollegeInvestDepartment of Higher Education
Performance AuditAugust 2009
LEGISLATIVE AUDIT COMMITTEE2009 MEMBERS
Representative Dianne Primavera
Chair
Senator David Schultheis
Vice-Chair
Senator Morgan Carroll Representative Joe Miklosi Representative Jim Kerr Senator Shawn Mitchell Representative Frank McNulty Senator Lois Tochtrop
OFFICE OF THE STATE AUDITOR
Sally Symanski
State Auditor
Dianne Ray
Deputy State Auditor
Eric Johnson
Legislative Audit Manager
Nina Frant Andy Knauer Kevin Vehar
Legislative Auditors
The mission of the Office of the State Auditor is to improve the efficiency, effectiveness, and transparency of government for the people of Colorado by providing objectiveinformation, quality services, and solution-based recommendations.
Sally Symanski,
CPA
STATE OF COLORADO
State Auditor
OFFICE OF THE STATE AUDITOR
Legislative Services Building303.869.2800 200 East 14th AvenueFAX 303.869.3060 Denver, Colorado 80203-2211
August 28, 2009Members of the Legislative Audit Committee:This report contains the results of a performance audit of scholarship and loan forgivenessprograms at CollegeInvest. The audit was conducted pursuant to Section 23-3.1-221, C.R.S., whichauthorizes the State Auditor to investigate the affairs of CollegeInvest. The report presents ourfindings, conclusions, and recommendations, and the responses of CollegeInvest and theCollegeInvest Board.
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