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Future Ready Iowa Last-Dollar Scholarship

The Future Ready Iowa Last-Dollar Scholarship is intended to cover tuition for students in programs that lead to high-demand jobs in Iowa. If other state and federal programs do not cover the entire cost of tuition for a post-secondary certificate, diploma, or associate degree, the Future Ready Iowa Last-Dollar Scholarship will fill the gap and pays up to 100% of tuition. If you already receive full tuition through federal or state grants, and meet eligibility requirements, you will receive $250 if you are enrolled full-time or $125 if you are enrolled part-time through the Iowa Future Ready Last Dollar Scholarship.

Eligible Students

The Future Ready Iowa Last-Dollar Scholarship is available to:

* To be eligible as an adult learner you must be age 20 by July 1 of the calendar year you plan to enroll in fall semester.

Eligible High Demand Hawkeye Community College Programs

Pre-programs are not eligible for the Future Ready Iowa Last-Dollar Scholarship.

Additional programs may be added to this list at a later date. The eligible programs list is based on job demand and is subject to change year to year. Students in programs removed from this list will still be eligible for the Future Ready Iowa Last-Dollar Scholarship until they complete their credentials or leave the college, as long as they continue to meet all other eligibility criteria.

The list of eligible programs is subject to change based on the Iowa Legislature.

How To Apply

  1. File the Free Application for Federal Student Aid (FAFSA) to apply for all other available state and federal grants and scholarships.

  2. Apply at Hawkeye in an eligible program.

Priority deadline to apply for the Future Ready Iowa Last-Dollar Scholarship for 2020—2021 is July 1, 2020.

Ongoing Requirements

To remain eligible to receive the Last-Dollar Scholarship, you must meet the following criteria:

  1. Attend a MORE Orientation and Registration session.

  2. Register for courses with the assistance of an advisor.

  3. Remain continuously enrolled in the required number of hours per semester (summer term is not required):

    • If you initially received the Last-Dollar Scholarship as a high school graduate, you must be continuously enrolled in at least 12 credit hours.
    • If you initially received the Last-Dollar Scholarship as an adult learner, you must be continuously enrolled in at least 6 credit hours.

    If you completely withdraw from classes during any term or take a semester off, you automatically lose all future Last-Dollar Scholarship eligibility.

  4. Meet Satisfactory Academic Progress.

  5. Complete the Free Application for Federal Student Aid (FAFSA) annually.

See IowaCollegeAid.com/LastDollarOngoing for the full list of ongoing requirements.

What Else Do I Need to Know?

Can I move from high school graduate to adult learner requirements?

No, you will remain under the eligibility and ongoing requirements of the group you initially received the Last-Dollar Scholarship. For example, if you initially received the Last-Dollar Scholarship as a high school graduate you cannot move to the adult learner eligibility requirements and vice versa.

What happens if I completely withdraw or take a semester off?

You must be continuously enrolled (summer term not required) to maintain your eligibility for the Last-Dollar Scholarship. If you withdraw or take a semester off, you will lose all future Last-Dollar Scholarship eligibility.

If you would choose to withdraw or take a semester off, you are not required to repay any Last-Dollar Scholarship funds you have already received.

How long can I receive the Last-Dollar Scholarship?

If you are receiving the Last-Dollar Scholarship as a high school graduate, you are eligible to receive the scholarship for up to five full-time semesters. While summer enrollment is not an ongoing requirement, it does count toward your five semester award maximum if you receive the Last-Dollar Scholarship for summer term classes.

If you are receiving the Last-Dollar Scholarship as an adult learning, you are eligible to receive the scholarship for up to five full-time semesters or eight part-time semesters. While summer enrollment is not an ongoing requirement, it does count toward your award maximum if you receive the Last-Dollar Scholarship for summer term classes.

Do transfer students qualify for the Last-Dollar Scholarship?

If you were enrolled at another college and received Last-Dollar Scholarship funds then transfer to Hawkeye and enroll in a Last-Dollar eligible program, your initial Last-Dollar Scholarship eligibility will continue as long as there has not been a break in enrollment (summer term does not count).

Transfer students must be enrolled in a Last-Dollar Scholarship eligible program and receive Last-Dollar Scholarship funds at their prior institution to be eligible to continue to receive Last-Dollar Scholarship funds at Hawkeye.

Can the Last-Dollar Scholarship be awarded for the first time for spring semester?

Yes, you can be awarded the Last-Dollar Scholarship beginning spring semester as long as you filed your FAFSA prior to July 1.

How is the award amount determined?

Last-Dollar Scholarship recipients receive the remaining balance of what they owe for tuition and mandatory fees after other awarded federal and/or state grants and scholarships have been applied.

If you receive full tuition and mandatory fees through federal and/or state grants and scholarships, you will receive $250. Adult learners attending part-time will receive a prorated amount.

Lab and course fees, tools, books, and other student-specific fees are not used to determine Last-Dollar Scholarship awards.

Each student's eligibility is determined specifically for their situation. It is very likely to have different awards for the same enrollment period.

Visit IowaCollegeAid.gov/LastDollar for full scholarship details.

Financial Aid

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