As an unmet need scholarship, the award covers the cost of tuition, fees, room, board, books and other supplies after all other aid and grants have been awarded to the scholar. The amount of the scholarship varies from student to student but falls between $4,000 and $11,000 per year. After considering the student’s Expected Family Contribution (EFC), federal and state aid, and institutional and outside scholarships, and work study award, The Denver Foundation works with the university to determine the amount of unmet need. The Reisher Scholarship covers the remainder. The goal of the Reisher Scholars Program is for students to graduate with minimal educational debt, which means that recipients should not have to take out loans for their educational expenses.
Scholars who start the program after transferring from a community college can receive a scholarship for two years (four semesters) and scholars entering the program and are continuing at their school as a sophomores can receive a scholarship for three years (six semesters) provided that all of the eligibility requirements are met.