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Department of Education and Early Development
Alaska Postsecondary Education Commission
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ACPE's mission is to promote, support, and provide access to postsecondary education in Alaska and for Alaskans.
End Result A: Increase Alaskans' successful participation in postsecondary education.
The latest published data for Alaska are for 2006, which reflect that only 7 of 100 Alaskan 9th graders will complete a college credential on time, compared to 20 of 100 9th graders nationally. The data reflects an increase from the prior year; however, it still does not meet the target of equaling the national average.
Status of Strategies to Achieve End Result
In FY09, ACPE continued to achieve this target of providing higher education outreach/awareness services by hosting or participating in more than 500 events in over 200 communities statewide, serving 41,000 Alaskans.
ACPE currently achieves this target by delivering AKCIS services at all Alaska Job Centers and similar community partners supporting adults seeking career growth.
In its second year as Alaska Career Information System (AKCIS) administrator, ACPE again made AKCIS available to all Alaska districts, however only 50 of the 54 Alaska school districts, or 93%, participated.
ACPE ensures those students with greatest financial need receive available funds. In F09, grants were awarded to students with average annual family incomes of $25,652 or less.
End Result B: Reduce Alaskans' cost of postsecondary education
By prudent financial and program management and by putting students first, Alaska Student Loan Corporation (ASLC) and partner agency the Alaska Commission on Postsecondary Education (ACPE) continue to offer Alaska students the most beneficial education loan interest rates in the U.S.
Status of Strategies to Achieve End Result
ACPE continues to demonstrate strength in default management. The most recent rate of 4.7% was calculated in January 2009 for the 2007 cohort.
In 2009, two years following establishment of this target, ASLC experienced phenomenal growth in federal education loan volume with a 55% increase.
In FY09, ACPE's loan program administrative costs as a percent of portfolio was reduced by .12% from the prior year to 2.54%.
End Result C: Provide consumer protection to Alaska's higher education students.
ACPE achieves this target by requiring all entities seeking to and approved for delivery of education services in Alaska meet all applicable state standards.
Status of Strategies to Achieve End Result
ACPE continues to meet this target. 100% of institutions authorized in FY09 documented that their curricula met standards set by recognized bodies or determined to meet local industry training needs.
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Current as of Nov 9 2009 9:04:19
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