All Iowa Opportunity Scholarship

Due to Legislative changes that took effect July 1, 2015, the All Iowa Opportunity Scholarship information has been updated.

The All Iowa Opportunity Scholarship (AIOS) is a state-funded scholarship program for students who do well in high school and demonstrate financial need. The 2015-16 maximum award is $7,885.

Priority for Awards

  • Applicants who participated in certain federal TRIO programs.
  • Applicants who graduated from alternative high schools or alternative high school programs.
  • Applicants who participated in a Federal GEAR UP Grant program in Iowa.

First priority will be given to students whose applications are received on or before March 1, 2015. Applications received after the March 1 priority date will be considered for an award only if funding remains once all renewals and priority applicants have been awarded.

Eligibility Criteria

Generally, high school seniors who graduated in 2014 or will graduate with the class of 2015 are eligible for the All Iowa Opportunity Scholarship if they meet the following criteria:

  • Iowa resident
  • Attending an eligible Iowa college or university
  • Must have graduated high school within the last 2 years
  • Be a first-time college freshman in the fall 2015 or spring 2016 semesters (unless you are renewing your scholarship award)
  • Must be continuously enrolled and continuously receiving a scholarship disbursement to renew a scholarship
  • Minimum of 2.5 cumulative GPA on a 4.0 scale or its equivalent;
  • Enroll for at least 3 semester hours (or the trimester or quarter equivalent) in a program leading to an undergraduate degree;
  • Complete the Free Application for Federal Student Aid (FAFSA) and Iowa Financial Aid Application by March 1 for priority consideration;
  • Have an Expected Family Contribution (EFC) of $7,885 or lower from the 2015-16 FAFSA; and
  • Complete any additional applications or documents required by the Iowa College Student Aid Commission.

Scholarship Disbursement Options

Option 1: Receive all scholarship proceeds during the 2015-2016 academic year only.
Students choosing this option who are enrolled full-time, may receive up to $7,885 for the 2015-2016 academic year only.  There will be no scholarship award in the 2016-17 academic year.

Option 2: Receive scholarship funds during the 2015-2016 AND 2016-2017 academic years.  Students choosing this option may receive up to $3,943 in 2015-16 and another disbursement of approximately $3,943** in the 2016-17 academic year provided they continue to meet the eligibility criteria for the award.

**The amount of this scholarship is based on the Regent average tuition and fee rate so the actual amount of the 2016-17 award is not known at this time.

No matter which option you choose, the amount of scholarship money you can receive is also based on:   

  • Your enrollment level (full-time, part-time), and
  • Your financial need as determined by the FAFSA
  • Attending an Iowa college or university
  • Your Expected Family Contribution must remain at or below 7,885, and
  • You must enroll for at least three semester hours, or the trimester or quarter equivalent, in a program leading to an undergraduate degree.

Required Applications

Important Dates

  • The Iowa Financial Aid Application will be available January 1 through July 1.
  • Priority FAFSA and Iowa Financial Aid Application Deadline is March 1.

Printed from the Iowa College Student Aid Commission website on August 29, 2015 at 9:36am.