Last-Dollar Scholarship Program

What is the Last-Dollar Scholarship?

The Future-Ready Iowa Last-Dollar Scholarship was implemented to help support the State of Iowa's goal to have 70 percent of Iowans in the workforce having education or training beyond high school by 2025.

This goal will help provide Iowan's with many great career opportunities, and employers will have the skilled workforce they need to grow and innovate.

The Last-Dollar Scholarship Program helps students cover expenses related to attending college. As the name suggests, this scholarship opportunity may be awarded to qualifying students to close the gap between financial aid awards and the costs associated with attending college.

Who is eligible for the Last-Dollar Scholarship Program?

The Last-Dollar Scholarship is available to:

  • Students who recently completed an Iowa high school diploma, a homeschool program, or high school equivalency diploma, OR students (age 20 and older)
  • Complete a FAFSA Application.
  • Enroll at least part-time in an eligible program of study
  • Apply for all other available state and federal grants and scholarships
  • Meet ongoing requirements
  • Have an Student Aid Index (SAI) at or below $20,000

NOTICE: CHANGE TO LAST-DOLLAR SCHOLARSHIP PROGRAM 

Recently, the State of Iowa legislature passed a bill that changed the eligibility of the Future Ready Iowa Last-Dollar Scholarship. Under this bill, students with an SAI above $20,000 will no longer be eligible to receive the Last-Dollar Scholarship during the 2024-25 academic year.

COMPLETE YOUR FAFSA TODAY!

What programs are eligible for the Last-Dollar Scholarship at Iowa Lakes?

Accounting Specialist* - All Campuses 

Agriculture Production Technology - Emmetsburg Campus

Aviation & Airport Management - Estherville Campus

Business Administration & Management - All Campuses

Certified Professional Bookkeeper - All Campuses

Computer Programming - Estherville Campus

Construction Technology* - Emmetsburg Campus

Criminal Justice - Estherville Campus

Digital, Social, & Broadcast Productions - Estherville Campus

Electrical Technology - Estherville Campus

Engineering Technology - Estherville Campus

Environmental Studies - Estherville Campus

Farm Equipment & Diesel Technology - Emmetsburg Campus

Heating, Ventilation, & Air Conditioning (HVAC) Technology *- Estherville Campus

Nursing

Paralegal & Legal Studies - 100% Online

Surgical Technology - Spencer Campus

Veterinary Technician - Emmetsburg Campus

Welding Technology* - Emmetsburg Campus

Wind Energy & Turbine Technology* - Estherville Campus 

* Denotes students enrolled in qualified programs may receive the Last-Dollar Scholarship whether seeking a certificate, diploma, and/or degree. Contact Admissions or the Program Coordinator for more information.

Where can I learn more about the last-dollar scholarship program?

The Iowa Department of Education has a new website with information about Last-Dollar Scholarship program as well as other financial aid options.

Learn More about the Last Dollar Scholarship

QUESTIONS?

To learn more information about the Last-Dollar Scholarship program, you may visit the Iowa Lakes Community College Financial Aid office on the Emmetsburg or Estherville campuses or by calling:

Emmetsburg Campus 712-852-5267

Estherville Campus 712-362-7917