LAST DOLLAR GRANT PROCESS

Decisions are made daily beginning after July 1, so keep checking your portal!

The Crosby Scholars Last Dollar Grant (LDG) is need-based financial aid. A scholar must apply for financial aid by submitting a FAFSA in order to be considered for a Last Dollar Grant. A scholar must demonstrate not only financial need but also remaining need after the school of choice has awarded aid. Receiving need-based financial aid from a scholar's college is not required to qualify for a LDG. To determine eligibility, the Crosby Scholars staff reviews each application and completes a need analysis form on each scholar individually.

A rising first-year college scholar applies for the LDG online through the college funding page of his/her Crosby portal. The deadline to submit the application is May 15. (Scholars may contact our office for an extension, if needed.) The application’s instructions are outlined in the Crosby portal. Three supporting documents must be uploaded to the application. These documents include:

  1. a copy of the scholar’s letter of admission from the institution he/she will attend,
  2. a copy of the financial aid award letter from the institution he/she will attend, and
  3. a copy of the entire SAR- Student Aid Report

If the rising first-year college scholar does not have the three supporting documents by the time of applying, he/she may and should submit the application and then upload the supporting documents when they are received. Priority is given to applications from rising first-year college students received prior to May 15.

A rising college sophomore, junior, or senior applies for the LDG online through the college funding page of his/her Crosby portal. The deadline for the college scholars to submit the application is June 15. Four supporting documents must be uploaded to the application. These documents include:

  1. a copy of the scholar’s most recent grade report - can be a copy from the student's account provided it shows the cumulative GPA - does NOT have to be an official college transcript.
  2. a copy of the scholar's proof of enrollment - fall course schedule, tuition bill, etc. 
  3. a copy of the financial aid award letter from the institution he/she will attend, and
  4. a copy of the entire SAR- Student Aid Report

If the college sophomore or junior does not have the four supporting documents by the time of applying, he/she may and should submit the application and then upload the supporting documents when they are received.

Scholars are notified of our decision by a letter posted in their Crosby portal beginning in July.  Awards are made payable to the institution and are sent directly to the institution to be credited to the scholar's account. The first half of the award is sent after August 1 and is to be used for the fall semester. The second half of the award is sent upon receipt of the scholar’s fall semester grades and is to be used for the spring semester. Scholars are responsible for uploading grades at the end of each semester, but need not provide an official college transcript. Uploading grades from your college account is acceptable provided it includes a cumulative GPA. College seniors may e-mail a copy of their grades to Mrs. Kilby at akilby@crosbyscholars.org. Again, the grade report must include a cumulative GPA. 

Crosby Scholars who complete the Program their senior year with a cumulative GPA of 2.0 or higher are eligible to apply for a Last Dollar Grant for up to four years of undergraduate study. Even if a Last Dollar Grant is not awarded the first year, the scholar may still continue to reapply each of the next three years. 

A scholar who graduates from high school with a cumulative GPA of less than 2.0, may apply for a LDG once his/her college cumulative GPA is 2.0 or higher. 

Students must first apply for LDG funding within two years of high school graduation. The Last Dollar Grant policy states that scholars are eligible for funding consideration for up to four years of college within six years after high school graduation. 

http://www.crosbyscholars.org/ldg-application-process-12

Click below to access the program in your area

Forsyth
CountyEst. 1992
Rowan
CountyEst. 2013
Iredell
CountyEst. 2015