Friday, June 22, 2007

Alaska Student Loans - AlaskaAdvantage

The state of Alaska has a program that is aimed at providing opportunities for students to take advantage of higher education and find financial loan programs to assist them to pay for tuition, books and living expenses.


Students have a number of ways of taking advantage of the Alaska student loans program. There are education grant programs as well as education loans programs.


Furthermore, there are family and parent loan packages and specialized loans, all provided under the banner of the Alaskadvantage program which has been trademarked by the state of Alaska.


The Alaska grant program is aimed at students who are applying to attend college in areas were there is a skill shortage and the student has a financial need requirement that can be substantiated.


There are qualifying requirements that must be met to be considered for a grant and the student grants can be as much as $2000 per academic year.


The loan programs that the Alaskadvantage program sponsors include Stafford loans, which are federally guaranteed loans. Apparently they are the lowest cost loans that students can obtain and you can obtain the loans in a subsidized and unsubsidized format depending on qualifications that are available on the Alaskadvantage web site.


The entire area of loans and grants is quite complex so there are advisors who can assist the students and their parent to figure out what the best approach is for them. As a first step students looking for grants as well as loans should spend some time becoming familiar with the services, grants and loans that are available.


University of Alaska Shuttle Bus Ride


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