This report summarizes Colorado student aid program expenditures for the 1993-94 fiscal year. The Colorado General Assembly provided $42,235,123 for Colorado student aid programs for the 1993-94 fiscal year, an increase of 13.45 percent over 1992-93. This included money for need-based grants, merit-based grants, work-study, diversity grants, matching funds for the federal Perkins Student Loan Program and State Student Incentive Grants, nursing scholarships, and other categorical programs. In 1993-94, 34,726 students received 44,089 state awards, with an average of $1,008 per award. Minority students comprised 27.9 percent of student aid recipients, and received 31.8 percent of state aid funds. Most recipients were full-time students (91.8 percent), Colorado residents (97.5 percent), independent students (54.3 percent), public institution students (89 percent), and female (56.3 percent). Two appendixes list participating higher education institutions and outline the 1993-94 state legislature's Long Bill Reconciliation for student aid program expenditures. (MDM)