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Scholarships and Programs

Enter a weekly drawing for two $250 awards and two grand prizes awards of $1,500 each.

As part of our mission to help Iowa students and families obtain the resources necessary to succeed in postsecondary education, we reinvest funds in programs designed to benefit Iowa high school and college students and their parents, as well as borrowers serving in critical need areas.

With our expertise in borrowing for college and repaying student loan debt, we look for opportunities to educate Iowa's students and families on these important concepts.

We offer both ongoing programs and annual programs that occur at different times of year. Check back often to see if you qualify for current programs as well as new offerings.

Programs for Parents

Save Now, Save Later: College Savings Plan Parent Giveaway
  • Participants: Parents and legal guardians of Iowa students in grades 6–12
  • Awards: Fifty $1,000 deposits into College Savings Iowa accounts
  • Qualification: View the Parent Handbook: Grades 6–12 and register online
  • Registration Open: Sept. 5-Oct. 23
  • Goal: Encourage parents to understand how they can assist their students with important choices after high school and set aside funds for education costs

Scholarships and Programs for High Schools and Students

College Funding Forecaster Giveaway
  • Participants: Weekly drawing — Iowa high school students and their parents and guardians
    Grand prize awards — Iowa high school seniors who intend to enroll in college the following school year and their parents and guardians
  • Awards: Weekly drawing — Two $250 awards
    Grand prizes — Two $1,500 awards paid to the college on behalf of the student
  • Qualification: Register online after completing designated component
  • Registration Open: Spring – summer annually
  • Goal: Increase understanding of total college cost over four years
Iowa Financial Know-How Challenge: Senior Scholarship
  • Participants: Iowa high school seniors intending to enroll in college the following fall
  • Awards: College scholarships of $2,000 each for 30 high school seniors and corresponding $500 awards to each of their high schools
  • Qualification: Register online and complete designated components
  • Corresponding Awards to Schools: Each recipient's high school will receive a $500 award to be used toward financial literacy programs and scholarship funds
  • Registration Open: Winter – early spring annually
  • Goal: Increase understanding of essential financial and borrowing concepts
Come 2 Iowa Senior Scholarship
  • Participants: High school seniors from Illinois, Minnesota, Missouri, Nebraska, South Dakota or Wisconsin intending to attend college in Iowa the following fall
  • Awards: Five $1,000 scholarships
  • Qualification: Register online and complete designated components
  • Registration Open: Early spring annually
  • Goal: Increase understanding of essential financial and borrowing concepts

Grant and Forgiveness Programs

Iowa Student Loan has awarded more than $6 million to nurses and teachers entering shortage areas. Although awards continue to be disbursed to those already accepted into the programs, no new applications are being accepted for Iowa Student Loan's grant and forgiveness programs.

Current Program Participants: All necessary forms need to be completed and submitted no later than Aug. 20, 2017, to receive any remaining benefits. Access forms and more information using the appropriate link below:

Military Programs

Armed Forces Interest Reduction

Iowa Student Loan recognizes and appreciates the sacrifices made by members of the military and their families and offers ways for those members to reduce interest rates and postpone payments.

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