APS and AEG Funding for 2025-26 Academic Year
ACPE is pleased to report that full funding for the Alaska Performance Scholarship (APS) and Alaska Education Grant (AEG), through the Higher Education Investment Fund (HEIF), was included in the budget passed on May 20, 2025 for the upcoming 2025-26 academic year.
While it is still unknown if it will be necessary for the State to utilize the HEIF to cover a portion of the FY25 supplemental budget, funding for APS and AEG to eligible students for the upcoming 2025-26 academic year is secure.
ACPE stands ready to collaborate with the State of Alaska, University of Alaska, and postsecondary institutions and training providers across Alaska to honor our commitment to education funding solutions for Alaska’s students. As a reminder, to receive APS and AEG, a student must complete the FAFSA and include a participating Alaska institution or training provider. APS eligible students attending a non-Title IV institution/training provider, must complete the Alternative APS Application found in the Alaska Student Aid Portal. For FAFSA completion assistance, visit acpe.alaska.gov/alaskafafsacompletion.
ACPE will provide regular updates about the ongoing budget situation on acpe.alaska.gov.
ACPE Appoints Kerry Thomas as Executive Director
Juneau, Alaska – The Alaska Commission on Postsecondary Education (ACPE) appointed Kerry Thomas as Executive Director. Thomas will also serve as the Executive Officer for the Alaska Student Loan Corporation (ASLC).
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ACPE Releases 2025 APS Outcomes Report
Juneau, Alaska – he Alaska Performance Scholarship (APS) 2025 Outcomes Report and the APS Outcomes Report At-A-Glance publications are now available for review.
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Looking for your Student Loan Interest Statement?
ACPE’s trusted loan servicer, American Education Services (AES), is responsible for sending out all 1098-E and 1099-C documents for ACPE’s education loan accounts. Please contact them at 800-233-0557, Monday – Friday, (3:30 a.m. to 5:00 p.m. AKST).
Governor Signs Landmark Alaska Performance Scholarship Legislation
Juneau, Alaska – The Governor signed key legislation aimed to improve access to and utilization of the Alaska Performance Scholarship (APS).
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ACPE’s New Strategic Plan
Announcing the launch of ACPE’s new Strategic Plan, Mission, Vision, and Strategic Priorities. To learn more about how ACPE will move forward in its goals and priorities to provide education and career funding solutions for Alaskans, please visit acpe.alaska.gov/strategicplan.
ACPE SUPPORTS FAFSA WEEK OF ACTION
Juneau, Alaska – The Alaska Commission on Postsecondary Education (ACPE) supports statewide
efforts related to the national FAFSA Week of Action. Currently ACPE leads the Alaska FAFSA
Completion Initiative (AFCI) in its goal of increasing FAFSA completion rates across the state.
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NOW AVAILABLE! ACPE’s ASEL Immediate Repayment Loan: Students in need of an education loan have a new option through ACPE. By paying $50 a month while enrolled in school and during their grace period, borrowers will receive a lower interest rate and will result in a faster loan pay off! Reduce the cost of borrowing with Immediate Repay – Apply Today!
Alaska FAFSA Summit
The Alaska Commission on Postsecondary Education (ACPE), with support from the University of Alaska, is hosting its first Alaska FAFSA Summit on October 26-27, 2023 at the Marriott Anchorage Downtown. The Summit will bring together education and workforce development stakeholders from secondary and postsecondary institutions, state agencies, community organizations/non-profits, and Alaska Native Education Foundations to develop strategies to increase FAFSA completion through statewide initiatives and/or policies. To register, please click HERE.
ACPE Partners with American Education Services (AES)
On April 1, 2023, the Alaska Commission on Postsecondary Education (ACPE) transferred the servicing of all ACPE’s Education Loans to American Education Services (AES). AES is a national student loan servicer, with more than 50 years of experience helping borrowers manage and pay off their education loans. Together, ACPE and AES will support Alaskans by providing tools and resources to streamline education loan repayment. For account information or to make a payment, please contact the AES Customer Service Center at 1-800-233-0557. For more information, please review these frequently asked questions.
ACPE Commissioners Support FAFSA Completion Initiatives
The Commissioners of the Alaska Commission on Postsecondary Education (ACPE) deliver statement of support for the Alaska FAFSA Completion Initiatives.
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