How Does University of Alaska Fairbanks Financial Aid Work?
The cost of attending the University of Alaska Fairbanks may be too high, especially if your family has many members or your income is low. Luckily, this doesn’t mean that you must give up on your preferred college and look for other options. This article will introduce you to all available University of Alaska Fairbanks financial aid programs and decipher the application, deadlines, and other significant details. We will also explain how to to appeal the college’s decision if you don’t get a sufficient amount!
There are specific requirements you must comply with to qualify for any active financial aid program. You must:
- Complete a Free Application for Federal Student Aid (FAFSA) to be considered for most financial support schemes
- Be a U.S. citizen or an eligible non-citizen
- Have a high school, GED, or any other equivalent diploma
- Attend an eligible degree or certificate program at the university
- Possess a valid Social Security number
- Be a Selective Service registree if you are male and older than 18
- Repay all your debts related to previous loans if there are any
Once you obtain financial support, you need to reapply annually and keep up the good work with your academic progress. This means you have to:
- Complete at least 67% of total reported credits for the current academic year
- Have a 2.00 cumulative grade point average if you are an undergraduate or 3.00 if you are a graduate
FAFSA forms become available for completion on October 1st every year.
The priority application time frame for any academic year at this university is February 15th. You can apply after the predetermined date, but you may not be considered for certain scholarships or grants in this case.
Depending on your needs and repayment preferences, you can apply for the following:
- Scholarships, including:
- Nanook Pledge Scholarships
- University of Alaska Scholars Program
- Alaska Performance Scholarships
- UAF Privately Funded Scholarships
- Army ROTC Scholarships
- Bureau of Indian Affairs and Native Corporation Scholarships
- Student Support Services Scholarships
- Grants, such as:
- University of Alaska Grants
- Pell Grants
- Federal Supplemental Educational Opportunity Grant
- Graduate assistantships:
- Western Undergraduate Exchange Award
- Student loans, including:
- Federal Stafford Subsidized Loans
- Federal Stafford Unsubsidized Loans
- Federal Parent Loans for Undergraduate Students
- Alaska Supplemental Education Loans
- Alaska Family Education Loan Program
- Win Brindle Scholarship Loans
- Student employment programs
- Veteran Services Educational Benefits
Once it receives your FAFSA form containing all income and family details, the university’s financial aid office calculates your Expected Family Contribution (EFC). It’s a sum your family can pay for your studies without financial support. The smaller it is, the better chances of getting more financial aid.
This amount is then subtracted from the total Cost of Attendance (COA) at the University of Alaska Fairbanks. COA involves your tuition and other college-related expenses, such as:
- Personal costs
- Additional schooling fees
The difference between these two amounts represents your financial need and determines how much money you can receive.
Besides determining your financial support eligibility, the University of Alaska Fairbanks financial aid office can provide assistance and counseling. The table below includes the available contact details and communication methods:
|In-person visit||Office of Financial Aid
University of Alaska Fairbanks
107 Eielson Building
P.O. Box 756360
Fairbanks, AK 99775-6360
No, you don’t. When completing your FAFSA, you can list all the colleges/graduate schools you are interested in as possible alternatives. If you want to know what you can expect from other institutions’ financial aid programs, check out some of the guides below to find more info:
If you get disappointed by the financial aid amount UAF offered to you but still want to enroll, there’s a solution! Why not try once again by appealing the college’s decision with DoNotPay?
We can create an appeal letter on your behalf and send it in your name before you know it! All you should do is follow the prompts below:
- and log in
- Choose Appeal for More Financial Aid
- Tell us what college you want to attend
- Enter the names of other colleges you applied to and their offers
- Give us more finance-related info by answering our chatbot’s questions
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