Last Dollar Grants

Last Dollar Grant Applications Are Closed

2021-2022 Scholarship Application Season will open December 1st, 2020

The CollegeBound Last Dollar Grant is a need-based award for Baltimore City public high school graduates whose expected family contribution and financial aid package total less than the cost to attend college. Students who are awarded a CollegeBound Last Dollar Grant are eligible to receive up to $3,000 per year, renewable for up to six (6) years of college or the maximum amount of $18,000. These Grants are gift money which do not have to be repaid. Approximately 70 awards are given each year. 

Last Dollar Grant Eligibility:

  • Must be a 2020 graduate of a Baltimore City public high school.
  • Applicants must demonstrate financial need and be eligible to receive a Pell Grant.
  • If unmet need is greater than $6,000, student must provide documentation detailing how gap will be financed.
  • Be accepted to and attend a four-year college/university.

To be considered for a Last Dollar Grant, you must submit the following supporting documents by July 1st, 2020:

  • Student Aid Report (SAR) (for a copy, go to or call 1-800-4-FED-AID / 1-800-433-3243).
  • Financial Aid Award Letter (FAAL) from the college/university you will attend.
  • Maryland Higher Education Commission (MHEC) Notification Letter if attending Maryland institution (go to or call 410-260-4500 for a copy).
  • Unofficial senior year high school transcript.

Last Dollar Grant application and supporting materials deadlines:

  • Last Dollar Grant applications and supporting materials must be received by July 1st, 2020 (postmark dates not accepted)

CollegeBound Foundation
College Success Team
300 Water Street, Suite 300
Baltimore, MD 21202
(410) 783-2905