Alaska HB28 establishes a student loan repayment pilot program for teachers and state employees.

The Alaska HB28 bill creates a student loan repayment pilot program for teachers and state employees. The Alaska Commission on Postsecondary Education will administer the program, awarding grants to eligible participants. Eligible teachers and state employees must have completed a degree or certificate program and have outstanding student loans. Grants are awarded based on the amount of the student loans. The program will run until January 1, 2028, with reports submitted to the legislature on its effects and efficacy.

Alaska HB28 establishes a student loan repayment pilot program for teachers and state employees.

The Alaska HB28 bill creates a student loan repayment pilot program for teachers and state employees. The Alaska Commission on Postsecondary Education will administer the program, awarding grants to eligible participants. Eligible teachers and state employees must have completed a degree or certificate program and have outstanding student loans. Grants are awarded based on the amount of the student loans. The program will run until January 1, 2028, with reports submitted to the legislature on its effects and efficacy.