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AlaskAdvantage® Education Grant

The AlaskAdvantage Education Grant program was created by the Alaska legislature to provide financial assistance to eligible Alaska students attending qualifying postsecondary educational institutions in Alaska. The program was specifically designed to set aside a portion of available grant funds as priority awards for applicants enrolled in qualifying workforce shortage programs, and for applicants demonstrating exceptional academic preparation for higher education (as documented by top quartile SAT or ACT scores).

The AlaskAdvantage Education Grant is a need-based program funded by the Alaska Student Loan Corporation, which provides the state match dollars required for participation in the federal LEAP program (Leverage Educational Assistance Partnership Program). Grant awards range from a minimum of $500 to a maximum of $2,000 per academic year for students who have qualifying unmet financial need.

All Alaska residents who complete the Free Application for Federal Student Aid (FAFSA) by April 15th of each year, and who list at least one qualifying Alaska institution of higher education, will be considered as having applied for the grant program. Qualifying applicants will be prioritized based on financial need. Students with the highest financial need will be awarded in order of need until funds are exhausted. All applicants must complete a new FAFSA each year.

For complete program details and eligibility requirements, please visit our website.