Are there any financial aid programs that cover the cost of books and other supplies?

Yes, there are financial aid programs that cover the cost of books and other supplies in Alaska. The Alaska Student Loan Corporation (ASLC) offers a variety of student loans. These loans can cover the cost of books and other supplies. The ASLC offers undergraduate and graduate students the option to borrow up to $5,000 each year for the cost of books and supplies. This loan is referred to as a Subsidized Loan and is available to applicants who demonstrate financial need. In addition to the Subsidized Loan, the ASLC also offers Unsubsidized Loans and Parent PLUS Loans. The Unsubsidized Loan is available to students and their parents who do not demonstrate financial need. These loans do not require the borrower to pay interest while in school, but will accrue interest at a fixed rate once the student graduates. The Parent PLUS Loan is specifically for parents who are financially responsible for their students’ education. A credit check is required for this loan. In order to receive these loans, applicants must first apply for and accept a Federal Pell Grant. This grant is available to students who demonstrate financial need and must be accepted before any other loan can be taken out. It is important to note that the ASLC loans do not cover the entirety of the cost of books and other supplies, so it is important to explore other sources of financial aid in order to cover the rest of the expenses. For students in Alaska, scholarships, grants, and other forms of aid are available, so be sure to do research in order to determine the best option for you.

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