Published Jul 3, 2024 by @adndotcom Gov. Mike Dunleavy signed a measure into law last week that boosted a college scholarship paid to high-performing Alaska graduates, and expanded the program’s eligibility qualifications.
House Bill 148 broadly passed the Legislature during the last legislative session. Rep. David Eastman, R-Wasilla, was the only no vote among 60 legislators.
The measure, signed into law by the governor Friday, boosts each of the performance scholarship’s three award amounts by almost 50%. The top tier has now increased from $4,755 to $7,000 per year.
The merit-based scholarship hadn’t increased since the program was first established by the Legislature in 2011. Tuition at the University of Alaska has substantially risen over the same period — the current cost per year for in-state students is about $6,500, not including room and board.
The performance scholarship increase comes after the University of Alaska’s Board of Regents voted in May to increase the UA Scholars Award from $12,000 to $15,000 — the first increase since 2016. The award is offered to the top 10% of Alaska high school students to then study at the University of Alaska or its community colleges.
Alaska students eligible for both programs will soon get up to $1,500 more per semester to study in the state.
Since the performance scholarship was first paid in 2012, over 33,000 Alaska students have collectively received $113 million from the program. But it has recently seen challenges.
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