The Alaska Commission on Postsecondary Education (ACPE) provides access to low-cost education loans to Alaska residents attending eligible schools in any state, and to all qualifying students attending Alaska’s institutions of higher education. A student’s first choice should always be federal loans, when attending a federal loan eligible school. Federal loans do not require credit checks, and have recently increased borrowing limits. Be sure to check with your financial aid office to explore all your options.
Apply for a Loan
Applying online is secure and convenient. Learn what to expect from the loan application process, and what you will need in order to get started with your education loan application.
Before You Apply – Gather your information. You can save time by having information like your personal references on hand. You will need the following information to complete your loan application:
- Social security number
- Driver's license number (if applicable)
- Two references, one being a relative that does not currently reside with you. You will need to provide a current address, telephone number, and e-mail address
- School name and address
- Field of study (major)
- Grade level, dates of attendance, and estimated graduation date
- Estimated financial aid you may receive
- Estimated cost of attendance for your school
- Enrollment status
When you Apply – Applying online is quick and easy. You will get a credit decision right away. In some cases, a cosigner may be required. Applying with a credit-worthy cosigner is an option if your loan is denied.
After you Apply - The Alaska Commission on Postsecondary Education (ACPE) will review your loan application to ensure its completeness. You may be asked to send additional documents in order to finalize your loan application. In addition, ACPE may contact your school to verify your enrollment and certify the amount you are borrowing.
Check Loan Application Status
Accessing your online account is the quickest way to check the status of your loan application. It may take several weeks for ACPE to finalize your loan application. Stay in contact with your schools Financial Aid Office, to ensure you have completed all the necessary steps for admission into a degree or certificate program.
If you have recently submitted a loan application, login now to view your application status.
Sign a Family Education Loan
To help cover education expenses for a student, family members such as a spouse, parent, or grandparent, can apply for the Alaska Family Education Loan. The Alaska Family Education Loan can be an alternative or a supplement to student loans.
If a family member has recently applied for a Family Education Loan, the student is required to sign the application. To access and sign the Family Education Loan application, you will need to enter your personal information, including the Commonline Unique Identification Number (CLUID), from the e-mail request you received. If you are unable to locate the CLUID, please contact customer service.