Financial Aid

American Dream

The Basics

Who is Eligible?

High school graduates who have earned a standard high school diploma, GED, or home school diploma in Miami Dade County during the May-July 2016 period.

What is Covered?

The in-state portion and eligible class fees remaining after all other scholarships, financial aid, grants, and Florida Prepaid College Plan funds have been applied.


The scholarship covers up to 60 credits toward the completion of an AA or AS, whichever comes first.

How It Works

  • The scholarship pays only tuition and class fees and is not disbursable in cash.
  • Funds will be applied after all other scholarships, financial aid, grants and Florida Prepaid College Plan funds have been applied.
  • Covers the fall and spring semesters only, students must enroll full time for at least 12 credits each fall and spring semester.
  • Out-of-state students are responsible for any additional out-of-state costs per credit, not covered by the scholarship.
  • Special fees for the Aviation or Culinary Arts programs are not covered.
  • Failed or withdrawn courses count toward the 60-credit limit of the scholarship.

In order to be eligible for the scholarship, you must be registered for a minimum of 12 credits by the established deadline. If you decide to enroll in additional credits during the semester, you must contact us at 305-237-8888 or at to recalculate your payment award.

Eligibility Criteria

  • You must currently reside in Miami Dade County.
  • You must be entering college for the first time or be a graduating dual enrollee.
  • You must have a cumulative high school weighted GPA of 3.00 or above.
  • You must be admitted to MDC and registered for 12 or more credits for the Fall 2017 semester.
  • You must complete the 2017 Federal Financial Aid Application (FAFSA).
  • Students obtaining a standard high school diploma through Florida Virtual School will be accepted if they reside in Miami Dade County.
  • GED recipients must earn the diploma during the time period of May-July 2017 and meet the test score requirements for Bright Futures Florida Academic Scholars (i.e. 1290 on the SAT, or 29 on the ACT).
  • You must meet minimum test scores on approved standardized tests, even if you are DevEd exempted (do not have placement scores for ENC 1101 and/or MAT 1033 or higher). Any combination of the highest available CPT/PERT, ACT and SAT scores are used in determining your readiness (college ready) in the skill area.
  • Students without a GPA on their transcripts (e.g., home schooled) must earn the diploma during the time period above and meet the test score requirements for Bright Futures Florida Academic Scholars  (i.e. 1290 on the critical reading and math sections of the SAT, or 29 on the ACT).

Maintaining Your Eligibility

To remain an American Dream Scholar for Spring 2017, you must:

  • Be seeking an Associate in Arts or Associate in Sciences degree
  • Register for at least 12 credits for the Spring 2017 term by December 16, 2016

Since the program does not cover courses in the summer, you are encouraged to take more than 12 credits in Spring 2017. See your advisor for guidance.

To remain an American Dream Scholar for Fall 2017, you must:

  • Have a cumulative GPA of 3.00 or above as shown on your Degree Audit and earn 67 percent of credits registered by the end of the Spring  2017  term. Renewal of the scholarship takes effect at the end of the Spring term. Summer courses taken after the renewal process will not apply. 
  • Complete the 2017 Free Application for Federal Student Aid (FAFSA) or the Expected Family Contribution (EFC) Calculator as outlined in the Application Process section below. You do not need to be eligible for federal financial aid but you must complete the FAFSA application.
  • Allow enough time to ensure that MDC has your information by the deadline of August 18, 2017.
  • Register for at least 12 credits for the Fall 2017 term by August 18, 2017

Failure to meet these requirements by the deadlines will result in the loss of your status as an American Dream Scholar and you will not be awarded any funds you would otherwise be eligible for under this program. There are no provisions for reinstatement. Once you lose eligibility, you will not be able to regain your status as an American Dream Scholar. Remember that courses not passed or withdrawn after the 100% refund date count toward the 60 credit limit of the scholarship. 

Application Process

  • No separate scholarship application is required. 
  • Apply for admission to MDC and complete the Free Application for Federal Student Aid (FAFSA), but you do not need to be eligible to receive federal financial aid. Please remember that it may take several days for MDC to receive your information even after you request it. Therefore, please allow enough time for this to occur by the deadline.
  • If you are unable to complete a FAFSA application, please complete the Expected Family Contribution Calculator. Print and submit the results to your campus Financial Aid office.