Iowa Administrative Code › Agency 283 - College Student Aid Commission › Chapter 8 - All Iowa Opportunity Scholarship Program › Rule 283-8.4 - Awarding of Funds

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Selection criteria.
All applicants who submit applications
			 that are received on or before the published deadline will be considered for
			 funding.
(2)
Priority for
			 grants.
Only applicants with expected family contributions (EFCs) at
			 or below the average tuition and fees for regent university students for the
			 academic year for which awards are being made will be considered for awards.
a. All eligible new and renewal foster care
			 students will receive first priority for funding. Awards to eligible foster
			 care students will be made based on EFC levels within the parameters defined by
			 the commission, with students in the lowest EFC levels awarded first and at
			 increasing EFC levels until the maximum EFC level is reached. If all students
			 in a given EFC level cannot be funded, students will be ranked according to the
			 date the state application was filed.
b. All new and renewal eligible
			 surviving-child students will receive second priority for funding. Awards to
			 eligible surviving-child students will be made based on EFC levels within the
			 parameters defined by the commission, with students in the lowest EFC levels
			 awarded first and at increasing EFC levels until the maximum EFC level is
			 reached. If all students in a given EFC level cannot be funded, students will
			 be ranked according to the date the state application was filed.
c. All eligible renewal applicants will
			 receive third priority for funding. Awards to renewal applicants will be made
			 based on EFC levels within the parameters defined by the commission, with
			 students in the lowest EFC levels awarded first and at increasing EFC levels
			 until the maximum EFC level is reached. If all students in a given EFC level
			 cannot be funded, students will be ranked according to the date the state
			 application was filed.
d. If
			 funding remains after all eligible foster care students, eligible
			 surviving-child students, and renewal students have been awarded, fourth
			 priority will be given to students who participated in federal TRIO programs,
			 participated in alternative programs in high school, or graduated from
			 alternative high schools. Awards will be made to students in this category
			 based on EFC levels within the parameters defined by the commission, with
			 students in the lowest EFC levels awarded first and at increasing EFC levels
			 until the maximum EFC level is reached. If all students in a given EFC level
			 cannot be funded, students will be ranked according to the date the state
			 application was filed.
e. If
			 funding remains after all priority applicants have been awarded, fifth priority
			 will be given to students who participated in federal GEAR UP programs. Awards
			 will be made to students in this category based on EFC levels within the
			 parameters defined by the commission, with students in the lowest EFC levels
			 awarded first, followed by awards to students at increasing EFC levels until
			 the maximum EFC level is reached. If all students in a given EFC level cannot
			 be funded, students will be ranked according to the date the state application
			 was filed.
f. If funding is
			 available, awards to remaining eligible applicants will be made based on EFC
			 levels within the parameters defined by the commission, with students in the
			 lowest EFC levels awarded first, followed by awards to students at increasing
			 EFC levels until the maximum EFC level is reached. If all students in a given
			 EFC level cannot be funded, students will be ranked according to the date the
			 state application was filed.