Sec. 14.43.820. Alaska performance scholarship program; eligibility.
(a) Subject to appropriation, the commission shall award an Alaska performance scholarship to an applicant who (1) is a resident of the state as defined in AS 01.10.055; (2) graduated or will graduate within six months from a high school in the state; (3) except as provided in (c) of this section, has completed a […]
Sec. 14.43.825. Maximum annual awards.
(a) The maximum annual awards for the Alaska performance scholarships are as follows: (1) the first award level is $4,755 and requires a (A) 3.5 grade-point average or above; and (B) very high minimum score on a college entrance examination; (2) the second award level is $3,566 and requires a (A) 3.0 grade-point average or […]
Sec. 14.43.830. Qualified postsecondary institutions.
(a) The following institutions are qualified postsecondary institutions for purposes of awarding an Alaska performance scholarship: (1) a university or college physically located in the state that (A) is authorized to operate in the state under AS 14.48.020 or is exempt from authorization under AS 14.48.030(b)(1); (B) is accredited by a regional or national accreditation […]
Sec. 14.43.840. Report to the legislature.
(a) To the extent permitted under law, the department, the commission, the University of Alaska, and the Department of Labor and Workforce Development shall share data necessary to prepare public reports regarding the program. (b) Not more than 10 days after the convening of each regular legislative session, the department, the commission, the University of […]
Sec. 14.43.849. Definitions.
In AS 14.43.810 – 14.43.849, unless the context requires otherwise, (1) “department” means the Department of Education and Early Development; (2) “grade-point average” means the average of all grades on a four-point scale, or five-point scale for advanced placement classes, obtained by the student in high school; (3) “high school” means a public or accredited […]
Sec. 14.43.910. Confidentiality of financial need information.
All information submitted in support of a determination of financial need as provided in this chapter is confidential. However, an applicant may inspect or copy information from the applicants’ application, or records relating to the applicant’s own application, or authorize release of the application or records to designated individuals or organizations.
Sec. 14.43.915. Alaska education grant account and Alaska performance scholarship award account.
(a) The Alaska education grant account is created as an account in the general fund. Money may be appropriated to the account from the Alaska higher education investment fund under AS 37.14.750 and from other sources. The commission may use the money in the account to pay grants awarded under AS 14.43.400 – 14.43.420 and […]
Sec. 14.43.630. Administration.
(a) The teacher education loan program shall be administered by the commission in accordance with regulations adopted by the commission. The commission shall (1) allocate the loan awards available for teacher education loans annually to local school boards giving a preference to rural school districts; and (2) develop and distribute to the local school boards […]
Sec. 14.43.920. Repayment by ineligible recipient.
If a person receives a scholarship, loan, or grant under this title for which the person is not eligible under the provisions of this title, the scholarship, loan, or grant is void and the entire balance of money paid is immediately due to the scholarship, loan, or grant fund. This section is in addition to […]
Sec. 14.43.640. Conditions of and limitations on loans.
(a) To the extent that they are not in conflict with the provisions of AS 14.43.600 – 14.43.700, the provisions of AS 14.43.100 – 14.43.160 are applicable to loans made under AS 14.43.600 – 14.43.700. (b) If a borrower meets the conditions provided in (a) of this section and is employed as a teacher in […]