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Frequently Asked Questions

Frequently Asked Questions

I didn't graduate from a Columbus Public High School. Am I eligible to apply for the Last Dollar grant?

   No. Only graduates of the Columbus City School District, beginning June 1988, are eligible for the Last Dollar grant. Note: Applicants must apply within three years of high school graduation to be eligible and have a high school cumulative GPA of 2.25 or higher. An applicant may participate in the program for a total of five years based on the initial year in the program.

Do I have to apply for the Last Dollar Grant every year?
   Yes. Students must complete a renewal Last Dollar grant application each year. The application must be submitted by July 1 each year to receive full consideration. Applications received by the July 1 deadline will receive preferential consideration. Applications submitted after this date will be awarded on a funds available basis only.

What criteria must I meet in order to be considered for the Last Dollar Grant each year?
   The criteria vary for high school seniors and upper-class college students: Eligibility Requirements

I don't have a copy of my award letter; can I send in a copy of my bill instead?
   No. We must have a copy of the school's award letter that gives financial aid information for the full academic year and not the bill that gives limited information about one term.

My school emails our grades to us; can I print out these grades and send them to you?
   Yes. We will accept a copy of the email grades. Make sure your name and social security number are on your grade report.

Can I receive the Last Dollar grant if I drop below full-time status for a term?
   No. Students are not eligible to receive the Last Dollar grant for any term in which the student is enrolled less than full-time. Please check with your institution for their definition of "full-time".

Can I receive the Last Dollar grant if I plan to attend college on a part-time basis for the year?
   No. However, you may apply for the Last Dollar grant for the next school year if you are planning on attending full-time.

What do I need to do if I change schools?
  


Contact the financial aid office at your current school to notify them to:
    1. Send a Financial Aid Transcript (FAT) to your new school.
    2. Cancel future awards for you at that institution.
Call I KNOW I CAN at (614) 233-9510 to let us know you plan to change institutions.
Send I KNOW I CAN a financial award letter from the postsecondary institution the student will attend. This may be obtained from the institution's financial aid office.

If I transfer schools, will my Last Dollar grant automatically transfer to my new school?
   No. Receipt of a grant at one institution does not guarantee receipt of a grant(s) at another institution. When a student changes institutions their budget usually changes; therefore, the award package usually changes too.

To be considered for a Last Dollar grant at the new school, the student must demonstrate that they have applied for all other sources of financial aid by the new school's priority deadline and that they still have need as determined by federal/institutional guidelines. Students must have filed the Free Application for Federal Student Aid (FAFSA) by the new school's priority deadline and the new school must be listed on the SAR by the school's priority deadline.

What is the maximum grant I can receive for one year? What is the minimum I can receive?
   The maximum grant a student can receive for one academic year is $1200. The minimum is $100.

Can I use my Last Dollar grant to pay for books and supplies?
   Yes.

Does the Last Dollar grant check come to the school or to me?
   All Last Dollar grant checks are sent directly to the postsecondary institution.

Awards between $100 and $200 will be disbursed in one check. All other awards will be disbursed as follows: 2 checks for semester/clock hour schools and 3 checks for trimester/quarter schools.

Where can I volunteer to serve my 4 service hours, which are required for receiving the Last Dollar grant?
   Places to Volunteer

What materials do I need to send to I KNOW I CAN to be considered for the Last Dollar grant?
   A copy of all pages of the Pell Grant Student Aid Report (yellow sheets) that the student receives after filing the FAFSA;

A financial aid award letter from the postsecondary institution the student will attend. This may be obtained from the institution's financial aid office;

A copy of the transcript or your latest grade card showing your grade point average and credits earned. This may be obtained from the institutions registrar.

These documents must be submitted by August 1. (The Last Dollar grant application is due July 1, for full consideration.)

Do I have to wait until I have all of the required materials to send in to I KNOW I CAN at one time?
   No. The required documents may be submitted separately.

Can I receive the Last Dollar grant for summer school?
   The Last Dollar grant is awarded for the standard academic year. However, there are a few exceptions. Contact I KNOW I CAN at (614) 233-9510 to see if you meet the criteria to qualify for summer funding.

How do I let I KNOW I CAN know that I am taking full-time classes at two schools through a consortium agreement?
   Students must meet the following criteria to receive a Last Dollar grant while taking classes through a consortium agreement:
  • Have a signed consortium agreement at their host school (the school they will receive their degree from)
  • Take a total of twelve credit hours between the schools
  • The host school must be considering them for funding on a full-time basis.
  • Turn in an award letter from their host school


Where can I get help in completing my Financial Aid form?
   Financial Aid Workshops

Please call I KNOW I CAN at (614) 233-9510 if you have a change of address and/or phone number.
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