Grants Available at UAA
What are "Grants"?
- Grants are financial aid awards that do not have to be paid back, as long as attendance is commenced in financial aid eligible classes and the student continues to actively participate in academically-related activity throughout the majority of the semester.
- A FAFSA is required to determine eligibility for each of these grants, because they are based on financial need.
Grant Types Available
Federal Pell grants are awarded to undergraduate students that have no prior bachelor's or graduate degree. The amount can change yearly and is pro-rated based on credit load. The amount of the Federal Pell Grant funds you may receive throughout your lifetime is limited by federal law to be equivalent of six years of funding. Since the maximum amount of Federal Pell Grant funding you can receive each year is equal to 100%, the six-year equivalent is 600%.
Students who receive a Federal Pell Grant and receive an "F" or a "NB" grade in a class must have participated in an academic activity in the class or their Federal Pell Grant may be reduced and the student will be required to repay some of the Federal Pell Grant received for that semester.
FSEOG may be awarded to undergraduate students that are attending at least half-time (6+credits). Funding is limited, therefore priority is given to Federal Pell Grant recipients with an Estimated Family Contribution (EFC) of zero. Priority is also based on the date that FAFSAs are received and processed- therefore, it's best to apply early.
The Alaska Education Grant (AEG) is a need-based grant offered by the State of Alaska. The deadline to apply is June 30th, although funding is limited so we encourage students to apply as early in the calendar year as possible. For more information, including eligibility criteria, visit ACPE's website.
University of Alaska Completion Grant
The purpose of the University of Alaska Completion Grant is to provide financial assistance for eligible students who wish to complete their degree more quickly.
To be eligible for this grant, the student must*:
- Be in good academic standing and meet SAP requirements
- Be admitted into a degree-seeking program
- Be an Alaska Resident per UA guidelines
- Enroll in at least 12 financial-aid-eligible credits per semester
- Have completed at least 30 credits during the preceding academic year
- Have a valid FAFSA with an Expected Family Contribution of $10,000 or less.
*a small allocation of UA Completion Grant funding may be used for programs with differing eligibility criteria. These students will be notified of these eligibility exceptions directly.