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Alaska Education Grant (AEG) 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.
School districts in incorporated areas are required to contribute to their schools, either through local taxes or in-kind contributions. They also have the ability to raise funds beyond ?basic need,? within established limits.
How to Apply. The Free Application for Federal Student Aid (FAFSA) is the application for the AEG. You must select at least one qualifying Alaska Institution of higher education at the time of your FAFSA filing to be considered for the AEG. Students need to apply each year they wish to be considered for an award.
Complete 24 semester credits or equivalent for full-time students (12 for half-time students receiving a prorated award) Achieve a cumulative GPA of at least 2.5 on a 4.0 scale.
While some people are fortunate enough to find a job that covers relocating, the state of Alaska doesn't offer funds to cover moving costs for new residents. The government does, however, share oil profits with permanent residents in yearly payments through the Alaska Permanent Fund Dividend (PFD).
To apply for the Pell grant, complete and submit your FAFSA. You will have to fill out the FAFSA form every year you're in school in order to stay eligible for federal student aid. The Alaska Education Grant is a need-based grant available to undergraduate students who are Alaska residents.