Iowa Last-Dollar Scholarship

The Iowa Last-Dollar Scholarship covers tuition for many high-demand career and technical areas.

The Iowa Last-Dollar Scholarship covers any tuition gaps not covered by other federal and state grants/scholarships for eligible Iowa residents enrolled in targeted, high-demand career and technical programs at DMACC. This first-of-its-kind financial assistance program offers an affordable pathway into many exciting and growing careers. Iowa employers are hiring graduates with these skills.

To be eligible for this program you must meet the qualifications below AND file your FAFSA as soon as possible. Make sure to include DMACC's School Code 004​​589.

July 15​, 2024 is the​ FAFSA priority deadline for the 2024-2025 academic year. If funding is not sufficient to award all eligible students, Iowa College Aid will prioritize students based on returning Last-Dollar Scholarship students and then by​ FAFSA application receipt date.​

If you qualify, you will be notified by the DMACC Financial Aid Office via a Financial Aid Offer sent to your DMACC email address. ​

Who is Eligible?

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)
• 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 a Student Aid Index (SAI) at or below $20,000

Ongoing Eligibility Requirements

If you have already been awarded a Last-Dollar Scholarship, you must meet the following criteria to remain eligible:

• Remain an Iowa resident
• Attend a college orientation session
• Register for courses with the assistance of an advisor
• Participate in available academic advising sessions
• Participate in available career advising if required by your program of study
• Continuously receive a Last-Dollar Scholarship disbursement in each semester/term (summer semester/term is not required)
• Meet Satisfactory Academic Progress (SAP) as defined by DMACC
• Complete the Free Application for Federal Student Aid (FAFSA) annually
• Remain continuously enrolled in at least 6 hours per semester/term (summer semester/term is not required)
• For 2024-2025 award year, students in receipt of the Last-Dollar Scholarship award during the 2023-2024 academic year may receive the LDS award in 2024-2025 even if their SAI is above $20,000. All other eligibility requirements must also be successfully completed.

Eligible programs

2024-2025​​​​ DMACC Degrees, Diplomas and Certificates to qualify for Iowa Last ​Dollar Scholarships.​​

New programs beginning Fall 2024

• Accounting & Bookkeeping, AAS
• Business Administration, AAS
• Fire Protection Technology, Certificate
• Fire Science Technology, AAS
• Industrial Technician, Diploma
• Insurance Services, Certificate
• Paramedic Specialist, AAS
• Paramedic Specialist, Certificate

Please note: Pre-Programs are not eligible for the Iowa Last Dollar Scholarship.

For more information

Please visit the Future Ready Iowa website.

Note: This is a first-come, first-served scholarship and will end when the allocated State funds have been exhausted.