Summary of Specifications:
Institution Overview Founded in 1966, Colorado Mountain College serves nine counties in north-central Colorado: Chaffee, Eagle, Garfield, Grand, Jackson, Lake, Pitkin, Routt and Summit. The 12,000-square-mile district includes international resorts, ranches, wilderness areas, natural gas exploration and drilling areas, and former mining towns. Our residential campuses located in Steamboat Springs, Leadville and at Spring Valley near Glenwood Springs offer full student services including housing, meal plans, and library. The non-residential sites in Rifle, Glenwood Springs, Carbondale, Aspen, Edwards, Dillon, Breckenridge and Buena Vista offer teaching locations. On line learning is administered from the Central Services Offices in Glenwood Springs. Each year, nearly 25,000 students take classes at our 11 locations and online that generate approximately 4,000 FTE (Full-Time Equivalent). Colorado Mountain College is a state community college but is not a member of the Colorado Community College System. Accredited by the Higher Learning Commission of the North Central Association of Colleges, Colorado Mountain College offers Associate of Arts and Associate of Science Degrees which are designed to transfer to four year colleges and universities. Also offered are Associate of General Studies Degrees which combines professional and career training with academic transfer courses. Career and Technical Programs comprise the Associate of Applied Science degrees and certificates. Beginning the Fall Semester of 2011, Colorado Mountain College will offer two Bachelor of Science Degrees: Bachelor of Science in Business Administration (BSBA) and Bachelor of Arts in Sustainability Studies (E3) (BASS). The fiscal year for Colorado Mountain College runs from July 1 to June 30 each year. Colorado Mountain College uses the Datatel Colleague UI 4.3 administrative software system.
Background and Debt Collection Policies From each of the 11 campuses, collection letters are generated and sent to students having any balance due to Colorado Mountain College. These letters are generated or around the 10th of each month and are issued at 30, 60 and 90 days. Past due notices for students enrolled in on line learning are generated from the Business Office at Central Services. The Business Office located at Central Services in Glenwood Springs is responsible for the final collection of delinquent student accounts. From the Central Services Office, two final attempts – one at 120 days past due and another at 150 days past due – are made by letter. Any accounts with a balance of $40.00 and above and remaining unpaid are referred to our collection agency(s) by the Business Office approximately 30 days after the issuance of the 150 day letter. Any accounts with a balance under $40.00 are passively collected by the Business Office at Central Services. Delinquent student account receivable balances can include housing charges, meal plan charges, library fines, parking fines, conduct fines, financial aid Return of Title IV repayments, non-sufficient fund payments and fees, tuition, student activity fees, course fees, and bookstore charges. On August 17, 2011 the Grants and Campus Based Division of Federal Student Aid notified Colorado Mountain College that the liquidation of Colorado Mountain College’s Federal Perkins Loan portfolio has been completed, and the assignment of Colorado Mountain College’s outstanding Perkins Loans for collection has been accepted. Therefore, no delinquent Perkins Loans will require collection by our collection agency(s). Currently, Colorado Mountain College does not utilize the service of any collection agency. The contract with our previous agency, National Account Adjusters/Regent Asset Management, has been terminated.
