In 1968, the Alaska Legislature established the State's first scholarship loan program as an inducement to educate its citizenry and to have them utilize that education and training in Alaska. Scholarship loan programs were administered by the department of Education until 1974, when the Alaska Commission on Postsecondary Education was established to coordinate the development of educational programs and regulate postsecondary institutions in the State for the well being of all Alaskans. In 1987, as oil prices and state oil revenues declined, state funding could no longer be assured, and the legislature created the Alaska Student Loan Corporation (ASLC) to raise alternative financing in the form of tax-exempt bonds. The Commission and the Corporation continue to partner their efforts to provide educational benefits to all Alaskans.
The Alaska Student Loan Corporation (ASLC)
The Alaska Commission on Postsecondary Education's mission is to promote access to and success in education and career training beyond high school. ASLC, a public corporation and enterprise instrumentality of the State of Alaska, funds the Commission's programs through tax-exempt bond sales. The Commission offers a suite of financial aid and outreach services, designed to provide educational access necessary for Alaskans to become peak performers, regardless of their financial status. A better-educated workforce will provide a stronger Alaska economy in Alaska, which benefits all Alaskans. Read more about ACPE programs and services.
The Commission provides: 1. programs creating early awareness of the importance of preparing for success in higher education 2. education planning tools and resources 3. advocacy and support for postsecondary participation in Alaska 4. financial aid for college and career training 5. education consumer protection through institutional authorization and complaint investigation
College and Postsecondary Planning:
High School (9-12):