Last Dollar Grants - Now Closed for 2017-18
CollegeBound Last Dollar Grants
Potentially worth up to $3,000 per year for six (6) years or a maximum of $18,000, CollegeBound need-based Last Dollar Grants bridge the difference between a financial aid package and what a student can afford. In addition to college advising and competitive scholarships, Approximately 70 will be awarded this year. Last Dollar Grants are a core component of the CollegeBound program. Since 1988, CollegeBound has awarded more than $6 million in Last Dollar Grants to over 1,880 students. In many cases, these grants literally provide the last dollars a student needs for college.
CollegeBound Last Dollar Grant recipients graduate from 4-year colleges at a rate 2.5 times higher than students from similar socioeconomic backgrounds.
Competitive Scholarship Portfolio - Now Closed
From December 1st - March 1st, the CollegeBound Foundation administers 172 scholarship opportunities with a potential value of more than $2 million in financial aid for college-going high school seniors. Students can also apply for a CollegeBound Last Dollar Grant which awards up to $3,000 per year for up to six (6) years.
For more information, please contact:
Jennifer Covahey, Associate Program Director, Scholarships
(410) 783-2905 ext. 207
All scholarship applications must include:
- Valid Email Address
- High School Transcript
- SAT/ACT Scores
- Academic Resume
- Letters of Recommendation
Some scholarships may require additional documentation, including:
- FAFSA Student Aid Report
- Essay Response
To apply for a Last-Dollar Grant, please provide:
- FAFSA Student Aid Report
- MHEC Financial Aid Award Letter
- College/University Acceptance Letter
- College/University Financial Aid Award Letter
Complete Application Instructions
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Required Information and Documents
Valid Email Address
All applicants must provide a valid email address. All scholarship award letters and other important communications regarding scholarships will be sent via email.
High School Transcript
Your Transcript must include the first semester of your senior year. You can request a copy of your high school transcript from your school counselor or administration.
Please list your community service, extracurricular, sports, employment and other activities. Indicate the dates you participated in each activity, positions held and number of hours per week you spent on each activity. Community Service Scholarships require verifiable community service.
FAFSA and Supporting Financial Aid Documents
Be sure to submit your Free Application for Federal Student Aid (FASA) before March 1st. The FAFSA can be completed online at: http://www.fafsa.ed.gov/. For the Last Dollar Grant and scholarships requiring proof of financial need, you will need your Financial Aid Award Letter (FAAL), Maryland Higher Education Commission (MHEC) Notification Letter, and Student Aid Report (SAR).
ACT or SAT Scores
Some scholarships require college entrance scores (ACT or SAT). Include a copy of your official scores if they are not on your high school transcript.
Letters of Recommendation
Some scholarships may require letters from specific individuals—teachers, school counselors, community service coordinators, church leaders, coaches, etc.
You will be asked to answer essay question(s) depending on the scholarship. We highly recommend that you complete your work in Microsoft Word or a comparable program, then copy and paste your answer into the box provided. The online application does not notify you of grammatical or spelling errors.
College Acceptance Letter
If you are applying for the Last Dollar Grant, you must provide a copy of the acceptance letter from the Maryland college/university you will attend.
A note about supporting documents: all documents must be uploaded as Microsoft Word (saved with the .doc extension only) or .pdf files. Transcripts should be uploaded as one document. If you do not have access to a home scanner, you can visit your CollegeBound Foundation Specialist to assist you.
By submitting this online scholarship application, you are certifying that all information you have provided is true and complete to the best of your knowledge. You are also authorizing the release of information on this application and other necessary financial and academic information to the CollegeBound Foundation, individual donors and selections committees. CollegeBound Foundation has over 125 scholarships available.
Certain scholarships have different criteria; these range from gender to program of study. Because some donors have designated their scholarship donation for students in those specific categories, you will be asked questions in the application about your intended major, race, gender, if you or a family member has a disability, and if your parent works for a particular company. These questions are asked to make sure you are considered for all of the scholarships available to you. If you do not wish to disclose this information, there will be an option for you to indicate this. By using this option, however, you will not be considered for those scholarships. Be sure to answer all questions honestly, as scholarships are available for all types of people.
Please note that students will be disqualified from being awarded a scholarship if they misrepresent themselves in any way. Winners will be notified by mail of the results of their applications sometime in early spring. No information will be given over the phone prior to the letters being mailed.