ALASKA 529 IS AN EDUCATION SAVINGS PLAN DESIGNED TO MAKE IT EASY FOR PARENTS AND LOVED ONES TO SAVE FOR EDUCATION.

Whatever sparks your child's imagination and curiosity, we can help you save for it.

one plan, many paths

You can use your Alaska 529 account tax-free for education expenses* both in and out of Alaska, wherever your loved one's path takes them.

K-12
Tuition

Apprenticeships

Vocational
School

College

Graduate
School

Loan
Repayment

Continuing
Education

Choose your path
K-12 Tuition Apprenticeships Vocational School College Graduate School Loan Repayment Continuing Education

K-12
Tuition

Use up to $10,000 for tax-free 529 distributions per beneficiary,The future student designated by an account holder to receive the benefit of an account. per year, across all 529 accounts when used for K-12 tuition at an elementary or secondary public, private, or religious school.†

Vocational
School

Use your 529 savings for vocational or trade school, community colleges, and certificate programs to pay for qualified expenses including tuition, fees, housing, meal plans, books, supplies, computer technology, and equipment. Use the Federal School Code Search on the FAFSA website to search for a complete list of eligible institutions.

Apprenticeships

Use your 529 savings to pay for fees, books, supplies, and equipment needed for apprenticeship on-the-job training with classroom instruction. To qualify, all apprenticeships must be registered with the U.S. Department of Labor.

College

Use your 529 savings for any college or university in the U.S. as well as some international schools to pay for qualified expenses including tuition, fees, housing, meal plans, books, supplies, computer technology, and equipment. Use the Federal School Code Search on the FAFSA website to search for a complete list of eligible institutions.

Graduate
School

Use your 529 savings for graduate school to pay for qualified higher expenses including tuition, fees, housing, meal plans, books, supplies, computer technology, and equipment. Use the Federal School Code Search on the FAFSA website to search for a complete list of eligible institutions.

Loan
Repayment

Tax-free 529 distributions are limited to a $10,000 lifetime cap when used for repayments of principal and interest on qualified education loans for your beneficiaryThe future student designated by an account holder to receive the benefit of an account. or the beneficiary's sibling.

Continuing
Education

Use your 529 savings to pay for continuing education credential or degree programs to further your career. Savings can be used towards tuition, fees, housing, meal plans, books, supplies, computer technology, and equipment. Use the Federal School Code Search on the FAFSA website to search for a complete list of eligible institutions.

Take the Next Step with Alaska 529

Why Alaska 529?
  • Any earnings grow tax-deferred, and qualified distributions are exempt from federal taxes.**
  • You can contribute using a PFD.
  • Anyone can open or contribute to a 529 account, including grandparents, family members, and friends. Learn more.
  • You can use your assets in or outside of Alaska. Nonresident beneficiaries may be eligible for resident tuition anywhere in the University of Alaska system.
investment options that fit your goals

Alaska 529 offers a range of professionally managed investment options with no sales charges or commissions, including the University of Alaska Portfolio which has a tuition-value guarantee.

READY TO GET STARTED?
  • Discover everything you need to know to open an Alaska 529 account with our Quick Start Guide.
  • Open an account today with as little as $25.