Iowa Last Dollar Scholarship


Last Dollar Scholarship Sign
For more information visit
iowacollegeaid.gov/lastdollar

 

The State of Iowa established the Last Dollar Scholarship two years ago and hundreds of students have taken advantage of the program. It covers your tuition in more than two dozen career programs.

Check Out the Full Program List Here 

These programs were selected because they are considered high demand careers across the state.

The program works simply. You file for financial aid and the state covers the remaining balance beyond the aid for which you are eligible. Even if you receive no federal or state aid, the program will pay your entire tuition. That's right, regardless of your personal income situation, you will pay no tuition costs.

Last Dollar Deadline


August 1:
 FAFSA deadline for 2020-2021 School Year, 2021-2022 School Year Deadline is August 1, 2021

Eligible Students


One of the many great things about the program is that it's available to both new Iowa high school graduates and adult learners (age 20 and older). There are no income or academic requirements.  You need to complete a FAFSA by August 1. Students must be Iowa residents to qualify.    

Eligible students will be placed in one of three eligible groups:

  • Group 1 - Enroll in an eligible program of study at Eastern Iowa Community Colleges on a full-time basis (minimum 12 credits or equivalent) after completion of an Iowa high school or homeschool program or completion of an equivalency diploma.

  • Group 1b - Enroll in an eligible program of study at Eastern Iowa Community Colleges on at least a half-time basis (minimum 6 credits or the equivalent) after completion of an Iowa high school or homeschool program or completion of an equivalency diploma and and employed as part of an approved work-based learning program.

  • Group 2 - Following completion of high school or a high school equivalency diploma, and on or after attaining age twenty, enroll on at least a half-time basis (minimum 6 credits or the equivalent) in an eligible program at Eastern Iowa Community Colleges. Age is calculated as of July 1 prior to the year of enrollment.

FAFSA


One requirement of the program is that you must file a Free Application for Federal Student Aid, otherwise known as the FAFSA. This will determine any federal student aid for which you might qualify.

Future Ready Iowa


The Last Dollar Scholarship is all part of the state’s Future Ready Iowa program. The program is a workforce initiative connecting Iowans to the training and education required for good-paying jobs and careers that improve people’s lives.

The goal of the Last Dollar Scholarship is to increase the number of Iowans with education and training up to a two-year degree in occupations that are in high demand throughout Iowa. The effort is geared toward getting more Iowans into great jobs, meeting the needs of Iowa employers and growing Iowa’s economy.

More Questions?


Watch our virtual information session all about the Last-Dollar Scholarship program.