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The AEG is a need-based grant offered by the State of Alaska for undergraduate students who are Alaska residents. The State of Alaska determines your eligibility and award amount based on your FAFSA, your enrollment level, and the date you filed your FAFSA. Awards range from $500?$4,000 per year.
How are public schools funded? Unlike many other states, the majority of funding for schools in Alaska comes from the state. Nearly one-third of the state's total operating budget goes to support public education and is distributed through a funding formula adopted by the Legislature.
The Alaska Commission on Postsecondary Education (ACPE) is Alaska's state higher education agency, and promotes access to and success in education.
The APS provides an opportunity for Alaska high school students to earn a scholarship to help cover the cost of an Alaska postsecondary education. Students can earn four years of funding, starting from $2,378 to $4,755 a year.
ACPE student education loans (ASEL) are available to you if you are an Alaska resident ? whether you're attending an in-state or an out-of-state institution. You can also use our student education loans (ASEL) if you are not an Alaska resident, but are attending an eligible Alaska school.
By: Claire Stremple - pm. The Alaska Senate passed what lawmakers described as the largest one-time education funding increase in state history on Wednesday night. It will cost the state roughly $175 million in a $6.1 billion budget. Senate President Sen.