The act creates the displaced Aurarian scholarship (scholarship) to fully fund scholarships to attend Metropolitan state university of Denver, the university of Colorado at Denver, or the community college of Denver for descendants of people displaced by the development of the Auraria higher education center. The act requires Metropolitan state university of Denver, the university of Colorado at Denver, and the community college of Denver, in collaboration, to establish criteria for scholarship recipients. The act appropriates $2 million from the general fund to the department of higher education to be distributed equally to Metropolitan state university of Denver, the university of Colorado at Denver, and the community college of Denver for the scholarships. (Note: This summary applies to this bill as enacted.)