EDUCATION TRUST OF ALASKA
The University of Alaska formed the Education Trust of Alaska with the goal of creating and offering high-quality 529 plans to help families prepare for future education expenses. Since its inception, the trust has launched three successful plans. As of March 31, 2023, the Trust holds approximately $9.4 billion in assets for more than 300,000 beneficiaries.
529 PLANS OFFERED BY THE TRUST:
Account holders and beneficiaries of the plans may be eligible for in-state tuition and a free application for admission at the University of Alaska.
In addition to other benefits, the trust offers an added measure of control to participants through Alaska's creditor protection laws. Alaska state law protects assets invested in the plans from claims by creditors of the account holder and beneficiary, in most cases.