Alaska offers one program for student loan forgiveness that is exclusive to Alaska. Alaskan residents may be eligible for Federal student loan forgiveness programs. Here’s a list of Federal student loan forgiveness options: Top Students Loan Forgiveness Programs.
Program: SHARP II – Health Care Professions Loan Repayment & Incentive Program
- Amount Variable by profession and salary
- Description SHARP II provides direct incentives and loan repayment. There are both full-time and part-time options. After three years of service, clinicians who are in good standing can be offered a renewal for a three-year contract.
- Requirements SHARP II has some stipulations. One of these stipulations is that you cannot have a concurrent service obligation (e.g., NHSC or I.H.S.). A key requirement is that every Site contributes a portion of its employer match to the clinician’s support for service payment. However, it may be possible to reduce this amount in certain circumstances. All participating sites must be located in Alaska-designated areas of health care shortage (HCSSAs). Sites must be able to accept Medicare or Medicaid patients, as well as the uninsured.
- How To Apply: If you have any questions about all matters regarding SHARP should be directed to Robert Sewell, Ph.D., Program Manager, SHARP Program, Alaska DHSS, (907) 465-4065, robert.sewell@alaska.gov
The Alaska Health Planning website can be found here
Alaska Student Loans And Financial Aid Programs
Alaska offers a variety of financial aid programs and private student loans that can help pay for college. These programs are available to Alaskan students who plan to attend college.
These programs aim to make college more affordable so you can afford the education you want. These programs may include student loans, grants, scholarships, and grants.
There are also federal student loan programs. Find out how to apply for a Federal student loan.
We recommend that students also follow a -specific order of operations to help pay for college. These programs are specific to Alaska and can help you avoid borrowing more than you need.
Also Read:
- What Are Federal Student Aid and Student Loans?-All You Need to Know
- Top Grants to Pay Off Student Loans Faster
- President Joe Biden administration’s plan to restart student loan payments
- Alabama Student Loan Forgiveness and Financial Aid Programs
- Does Bank of America Provides Student Loans?
Alaska Student Loan Programs
Alaska offers a program called the Alaska Supplemental Educational Loan that provides great rates and benefits for Alaska residents. You will not be charged any interest if you are at least a half-time student. Learn more about the Alaska Commission on Postsecondary Education.
There are limitations on how much you can borrow, which might be why you are here.
Alaska Scholarship Programs
Alaska offers a merit-based scholarship program you may be eligible to use.
Alaska Performance Scholarship
The Alaska Performance Scholarship, a merit-based scholarship, will pay you up to $4755 per annum for up to 4 years (8 semesters) and must be used in full within 6 years.
You must be an Alaskan resident and have graduated from an Alaska high school (public or private) in 2011.
Find out more about the Alaska Performance Scholarship by clicking.
Alaska Scholarships
These scholarships are not offered by the State of Alaska. However, they are available to Alaska residents who meet certain criteria.
- Alaska Space Grant Program
- The CIRI Foundation
- The Koniag Education Foundation for Koniag Shareholders & Enrolled Descendants
Alaska Grant Programs
Alaska has a grant program that provides financial assistance to residents who are in need.
Grants are one the most effective forms of financial assistance because you don’t have to pay back the money in most cases.
Alaska Education Grant
Students with unmet financial needs can apply for the Alaska Education Grant, which typically awards $500 to $4,000 per year.
Students in the greatest financial need will be given first, and then funds will be exhausted. Students who are enrolled in 15 credit hours per semester could be eligible for a higher award amount. A student cannot receive more than $16,000 in AEG money during their education.
Other options
You can find out more about our Alaska Student Loan Forgiveness Program page if you have student loans. This page lists all options for Alaska residents who may be eligible to forgive some or all of their student loan debt.
Refinancing student loans can help you save money on interest and lower your monthly payments. You can save money for college in Alaska with our Alaska 529 plan and College Savings Guide.
