Iowa Last Dollar Scholarship Application—Easy Guide for Students
The Last Dollar Scholarship is a special type of scholarship that helps students pay for college. It is called “Last Dollar” because it helps you pay the last bit of your college cost after all other money, like grants or scholarships, has been used.
This means if you get other money (like Pell Grants or state aid) and it’s not enough, the Last Dollar Scholarship will help pay what’s left — so you don’t have to use your own money.
This guide explains everything you need to know about the Last Dollar Scholarship, including how it works, who can apply, how to apply, and some tips to help you.
Deadline of Iowa Last Dollar Scholarship
The application deadline depends on your state or program. Many Last Dollar Scholarships are offered by state governments, colleges, or career programs.
- Iowa Last-Dollar Scholarship: June 30
- Tennessee Promise (a type of Last Dollar): November 1
- Other states: May have different dates
How Much Money Do You Get?
The Last Dollar Scholarship does not give a set amount of money. Instead, it pays for the part of your college costs not covered by:
- Pell Grants
- State grants
- Other free financial aid
Example: If your total cost is $5,000 and you got $4,000 in grants, the Last Dollar Scholarship might pay the remaining $1,000.
It covers tuition and sometimes fees, but usually not books, food, or housing.
Who Can Apply for the Iowa Last Dollar Scholarship?
Each program has different rules, but most Last Dollar Scholarships ask for:
- You must be a U.S. citizen or legal resident
- You must live in the state offering the scholarship
- You need to graduate from high school or get a GED
- You should go to a community college, trade school, or public college
- You must apply for FAFSA
- You must be in good academic standing (usually 2.0 GPA or higher)
Some programs are only for students who are studying career or technical programs (like nursing, welding, or IT).
How to Apply for Iowa Last Dollar Scholarship
- Apply for FAFSA at https://studentaid.gov
- Go to your state’s scholarship website or talk to your high school counselor
- Fill out the scholarship application before the deadline
- Choose your school and program
- Submit any extra forms if asked (some states may want transcripts or ID)
Some states or colleges may auto-enroll you once you complete FAFSA and meet the rules.
Selection Method of Iowa Last Dollar Scholarship
Most Last Dollar Scholarships are not based on grades alone. Instead, they look at:
- Financial need (how much help you need to pay for school)
- Whether you completed FAFSA
- If you chose an approved program
- If you live in the state offering the scholarship
Some states may require:
- A short essay
- A simple resume
- Proof of community service or volunteer work
Tips to Win the Scholarship
- Apply for FAFSA as early as possible
- Don’t miss your deadline
- Double-check your form before you send it
- Write a short, honest essay if needed
- Keep your resume clean and simple
- Check your email for updates
For More Details: https://iowacollegeaid.gov/LastDollar