Are there any special grants or scholarships for student loan repayments?

In Alaska, there are several grants and scholarships available to assist with student loan repayments. The Alaska Student Loan Corporation (ASLC) administers the Alaska Performance Scholarship (APS) and the Alaska Education Grant (AEG) as part of their student loan repayment program. The APS is for high school graduates who plan to attend college and the AEG is for Alaskans pursuing a post-secondary degree or certificate. Both awards provide up to $4,000 for tuition expenses and books. The Alaska Higher Education Investment Program (AHEP) is another program offered by the ASLC specifically for student loan repayment. This program provides up to $5,000 in loan repayment assistance for eligible borrowers who have earned a degree from an approved college or university. The Alaska Commission on Postsecondary Education (ACPE) also provides grants and scholarships specifically for student loan repayments. The ACPE Grant is a need-based grant that provides up to $3,000 in grants for tuition expenses. The ACPE Scholarship is a merit-based scholarship that awards up to $1,500 for tuition expenses. Both awards must be used to repay student loans. In addition to these grants and scholarships, the ASLC and the Department of Education also offer loan forgiveness and repayment assistance programs for borrowers in Alaska. These programs may provide additional assistance for students struggling with their student loan repayment.

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