AlaskAdvantageTM Programs
AlaskAdvantage Programs are a suite of outreach and student financial aid products and services designed to increase access to the benefits of higher education:
Benefits of Higher Education
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For Individuals
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For Communities
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- Increased personal income
- Increased employment opportunities
- Increased ability to pursue leisure activities
- Increased access to healthcare and longer lifespan
- Increased satisfaction with life
- Increased likelihood that children are more likely to be healthy and economically successful
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- Increased workforce pool for resident hire
- Lower unemployment rates
- Lower crime rates
- Decreased demand for public assistance
- Ability to attract new businesses and investments
- Economic base to support better healthcare infrastructure and school systems
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AlaskAdvantage Outreach and Early Awareness Services
AlaskAdvantage Outreach Programs promote the benefits of, and access to, higher education throughout the state. Specific areas of focus include:
- Early awareness programs for children, teens, and parents
- Tailored outreach programs throughout the state
- Programs in support of adult learners and Alaska’s workforce
- Promotion and support of Alaska higher education institutions
AlaskAdvantage Higher Education Financial Aid Programs
AlaskAdvantage loan products are designed to provide Alaskans and students attending school in Alaska with the lowest possible financial aid costs in the nation. By packaging federally guaranteed aid with state supplemental education loans, ACPE is able to leverage savings that result in greatly reduced student costs. Our financial aid programs include:
AlaskAdvantage Programs provide borrowers with one-stop shopping for all their financial aid needs, combining grants and loans that significantly reduce their costs, and the costs to institutions of higher education. Program benefits for Alaska include:
- Increased federal Pell Grant dollars and Stafford Loan subsidies to Alaska
- Low cost aid to recruit students to Alaska’s higher education institutions, regardless of state of legal residence
- Finance options for Alaskans recovering from poor credit histories
- Federal loan guarantees to eliminate majority of program losses from borrower bankruptcy, default, or death
- Millions of dollars in federal student loans serviced in Alaska help to retain and create jobs for Alaskans
