Abstract. The dominant dimension of an algebra A provides information about the connection between A-mod and B-mod for B = eAe, a certain centralizer subalgebra of A. Well-known examples of such a situation are the connection (given by Schur-Weyl duality) between Schur algebras and group algebras of symmetric groups, and the connection (given by Soergel's 'Struktursatz') between blocks of the category O of a complex semisimple Lie algebra and the coinvariant algebra. We study cohomological aspects of such connections, in the framework of highest weight categories. In this setup we characterize the dominant dimension of A by the vanishing of certain extension groups over A, we determine the range of degrees, for which certain cohomology groups over A and over eAe get identified, we show that Ringel duality does not change dominant dimensions and we determine the dominant dimension of Schur algebras.