Iowa Last-Dollar Scholarship

New requirement for 2023-2024
Have an Expected Family Contribution (EFC) at or below $20,000. The EFC is determined by the information you submitted on your FAFSA.

Covers Tuition for Many High-Demand Career & 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​, 2023 is the​ FAFSA priority deadline for the 2023-2024 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?

Two groups qualify for Iowa Last-Dollar Scholarships:

​Group 1:

High School Graduates

Enroll in an eligible program of study for at least 6 credits or equivalent after completion of an Iowa high school or homeschool program or completion of an equivalency diploma.

Lifetime Maximum

8 part-time semesters or the full-time equivalent

Requirements: 

  • ​(New for 2023-2024) Have an Expected Family Contribution (EFC) at or below $20,000. The EFC is determined by the information you submitted on your FAFSA.
  • ​You must remain continuously enrolled, at minimum, as a part-time student (6 or more credit hours per term) in the program to remain eligible unless it is the final term of enrollment. (Summer enrollment does not count towards continuous enrollment but does count toward the tuition award maximum if you receive Iowa Last-Dollar Scholarship funds for summer semester.) 
  • You must maintain Satisfactory Academic Progress.​ ​

Once a student receives a payment in this group, they will remain in that group until they are no longer eligible for LDS.

​Group 2:

Reach Age 20 Before July 1

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) in an eligible program. Age is calculated as of July 1 prior to the year of enrollment.

Lifetime Maximum

8 semesters (part-time or equivalent) 

Requirements: 

  • (New for 2023-2024) Have an Expected Family Contribution (EFC) at or below $20,000. The EFC is determined by the information you submitted on your FAFSA.​
  • You must remain continuously enrolled​ in the program at least 6 credit hours each semester. (Summer enrollment does not count towards continuous enrollment but does count toward the tuition award maximum if you receive Iowa Last-Dollar Scholarship funds for summer semester.) 
  • You must maintain Satisfactory Academic Progress. 

Once a student receives a payment in this group, they will remain in that group until they are no longer eligible for LDS.​​

» View a complete list of DMACC degrees, diplomas and certificates that are eligible for Iowa LDS.


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.

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