What is the process for getting an Alaska Supplemental Educational Loan?
You apply for the Alaska Supplemental Education Loan (ASEL) by completing the FAFSA and an ASEL Master Promissory Note with ACPE. In order to keep your borrowing costs as low as possible, you should always apply for the AlaskAdvantage Stafford Loan before you apply for the Alaska Supplemental Education Loan. In some cases, your school may allow you to apply for the ASEL without completing the FAFSA, but we strongly recommend (again!) that you complete the FAFSA to get the best possible financial aid package.
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