While financing an education is the responsibility of the student, the Financial Aid Office will make every effort to assist the students in completing appropriate financial aid program scholarship applications, including any necessary supplemental paperwork.
Payments and payment plans are arranged through the Business Office at 907.852.1834 or 1.800.478.7337, ext. 1834.
Financial Aid
Funds are intended to help pay for tuition, fees, books, class supplies, living expenses and village travel. Sources included federal and state grants, federal work study, and private scholarships, and tuition waiver.
Please note, submitting financial aid applications does not guarantee financial aid funding. Students are encouraged to follow-up with the funding program. Funders will send applicants a notification letter regarding aid and updates. All financial aid checks are sent to the Business Office for account processing.
Tuition Waiver
Students requesting a tuition waiver must apply by the published deadline every semester. Applications are available and processed through the Financial Aid office. They can be reached by email at fin.aid@ilisagvik.edu or by phone at 907-852-1708. Learn more about Tuition Waivers here.
Credit Balances
Credit balances are paid by paper check directly to the student or returned to the funding agency as directed on the funder’s award letter. For example, Arctic Education Foundation expects any or all of their scholarship to be returned if any other funding source has already paid any portion of the student’s bill.
Payment Order
Financial aid is applied to student accounts in the following order: 1st - Federal Aid (Pell and FSEOG), 2nd - Scholarships, 3rd - Tuition Waivers. This order does not change whether a student received one or more types of aid.
Disbursements
Financial aid will not be released prior to the first day of the semester. All educational expenses must be paid before any remaining balance can be released. Financial Aid Services may verify the number of credits and attendance prior to disbursements as required by a financial aid funder.
Disbursements are scheduled two weeks after the semester’s first drop deadline and followed four weeks later.
Federal aid is divided into two disbursements each semester. The first disbursement occurs two weeks after the semester’s first drop deadline and the final disbursement is four weeks later.
Scholarships are a single disbursement and paid with the final federal aid disbursement.
For more information on scholarships and federal aid, consult the Course Catalog or contact the Financial Aid Office at 907-852-1708 or by email at fin.aid@ilisagvik.edu.