Last Dollar Scholarship

Up until this point, you’ve done everything right – filled out your college applications early, applied for scholarships often, submitted your FAFSA as soon as possible – but still college is beyond your reach. Then a last dollar scholarship may be just what you need to cover those minor expenses. These "last dollars" are intended to fill the gap between students' financial aid and the real costs of college, such as computers, books and supplies, room and board and even graduation expenses. A last dollar scholarship is awarded to a student whose official Expected Family Contribution (EFC), located on your Student Aid Report, and financial aid packages totals are less than the cost of tuition and fees. Last dollar scholarships vary greatly from state to state and can be the determining factor, in some cases, as to whether a student will attend college or not.

If college is just an arm’s length away don’t panic, there are countless options available to fund your education. The College Opportunity Resources for Education (CORE) Philadelphia Last Dollar Scholarship offers up to $2,000 to Philadelphia high school seniors to help pay first-year college expenses. The Howard P. Rawlings Guaranteed Access Grant provides an award from the State of Maryland which, when combined with the Federal Pell Grant and the EFC, will help cover the cost of full-time study at a Maryland college or university. Below are just some of the last dollar scholarship awards available to high school and college students. You can find more information on these and other awards by completing a profile and conducting a free college scholarship search on Scholarships.com.

ACHE Police Officers and Firefighters Survivors Educational Assistance Program

  • Application Deadline: Varies
  • Amount: Varies
  • The ACHE Police Officers and Firefighters Survivors Educational Assistance Program is a grant covering tuition, fees, books and supplies for dependents and eligible spouses of Alabama police officers and firefighters killed in the line of duty. There is no limit on the amount awarded to recipients. Awards are available for undergraduate study in public institutions in Alabama. Students who are [...] More

Asparagus Club Scholarship

  • Application Deadline: 4/30/2020
  • Amount: $8,000
  • The Asparagus Club awards a maximum of ten scholarships per year (subject to availability of funds). Each scholarship is $2,000 per semester (fall and spring only) not to exceed four consecutive semesters. Recipients must retain full-time student status and earn at least a 2.5 GPA to earn a scholarship each semester/quarter. Eligible applicants must be rising juniors, seniors, or graduate [...] More

Associated Grocers - Sam S. Politz Scholarship Fund

  • Application Deadline: 3/1/2020
  • Amount: $8,000
  • This fund was established through the generosity of the members of Associated Grocers Inc. of Baton Rouge, Louisiana. This scholarship is dedicated to the memory of Sam S. Politz, a former President and CEO of Associated Grocers Inc. Students must be Louisiana high school seniors or graduates enrolling full time into an accredited university or college. Students must have a minimum GPA of 3.5, a [...] More

Sertoma Hard of Hearing or Deaf Scholarship

  • Application Deadline: 5/1/2020
  • Amount: $1,000
  • Sertoma's Scholarship for the hard of hearing or deaf, is the leading funder of scholarships for hard of hearing or deaf students since the program's inception in 1994. Students with a clinically-significant bilateral hearing loss, graduating from high school, or undergraduate students pursuing four-year college degrees in any discipline are eligible for the scholarship.

    Applicants must have [...] More

Latest College & Financial Aid News

Amazon Offers $40K Future Engineer Scholarships

November 6, 2019

by Susan Dutca-Lovell

E-tail giant Amazon is now accepting applications to its Amazon Future Engineer Scholarship Program for students entering college in the fall of 2020. The scholarship program offers 100 current high school seniors from underserved and underrepresented communities across the country the opportunity to receive $40,000 scholarships to study computer science at a four-year college or university and a guaranteed paid internship offer at Amazon after the completion of their first year. [...]

NC Senator Proposes Taxing of Athletic Scholarships

October 31, 2019

by Susan Dutca-Lovell

In response to the NCAA's vote to allow athletes to profit from their names, images and likeness, Senator Richard Burr of North Carolina has proposed taxing those scholarships. Senator Burr tweeted: "If college athletes are going to make money off their likenesses while in school, their scholarships should be treated like income. I'll be introducing legislation that subjects scholarships given to athletes who choose to 'cash in' to income taxes." [...]

Gucci Gaffe Results in Green for Grads

October 8, 2019

by Susan Dutca-Lovell

Gucci is releasing a new line of... diversity undergraduate scholarships for students who are "traditionally underrepresented in the fashion industry." The 1.5 million U.S. university college scholarship program is set to run for four years, targeting students who attend four-year universities. Special consideration will be given to those residing in Atlanta, Chicago, Detroit, Houston, Los Angeles, Miami, New Orleans, New York, Philadelphia, San Francisco, Toronto and Washington, D.C and/or for those who plan to attend or are currently attending a Historically Black College and University (HBCU). [...]

Last Reviewed: December 2019

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