There are several different loans, grants and scholarships available for students. For a full listing of the opportunities availables, students should visit the UAF Financial Aid web site.
If students are interested in pursuing a scholarship, an online application is available to submit for the Privately Funded Scholarships, as well as the University of Alaska Foundation Scholarships.
Through the privately funded scholarships, there are usually ten scholarships specifically for education students. Some of the scholarships have specific preferences, for example one who graduated from an Alaska high school, or are going into the internship year. The Financial Aid website that lists all the scholarships available.
The Alaska Legislature established the Teacher Education Loan (TEL) to encourage Alaska high school graduates to pursue teaching careers and to teach in Alaska rural elementary and secondary schools.
The Teacher Loan Forgiveness Program was created by Congress to encourage individuals to enter and continue in the teaching profession, specifically in schools serving low-income families. Under the Teacher Loan Forgiveness Program, if an individual has a Federal Stafford loan(s) and in certain cases, a Federal Consolidation loan(s) and has taught full time for five consecutive, complete academic years in an eligible subject, at an eligible school (elementary or secondary), the individual may qualify for teacher loan forgiveness.
To view a list of eligible schools go to the Teacher Cancellation Low Income Directory.
Need-based grant awarded to AK residents attending AK institutions. Priority is given to students pursuing degrees in Alaska workforce priority programs (e.g. allied health, social and community services, or teaching) or who have an ACT score of 25 or higher or SAT score 1180 or higher. Part-time awards range from $500 to $1000 per academic year. Full-time awards range from $1000 to $2000 per academic year.
The BIA offers federal grants to undergraduate full-time students. You must be at least one-quarter American Indian or Alaska Native to apply. These grants are based on financial need and supplement other financial aid. Grants range from $200 to $3,000 or more each year. The average grant at UAF is $1,600. Further information on BIA grants can be obtained from:
Student Support Services offers grant aid to qualified program participants who have made use of the SSS academic support services and are receiving Pell Grant funds. To be eligible to participate in Student Support Services, you must be a (1) first generation college (student neither parent has a college degree), OR (2) have a documented learning or physical disability, OR (3) qualify as a low income student. Please go to the SSSP website for more information about our program.
Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program that provides grants of up to $4,000 per year to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. For more information, who qualifies and conditions, visit the TEACH Grant web site.