Win $25K Alaska 529 Scholarship Giveaway – Who Qualifies & How to Apply!

Every year, Alaskans wait for the time when they will receive the Permanent Fund Dividend (PFD). The Permanent Fund Dividend (PFD), which is a portion of Alaska’s oil wealth which assess you are assessed to pay for the daily needs, such as food or winter clothing. However, in 2025, the PFD is more than just paying off the bills. In 2025, the program gives you an offer to win a $25,000 scholarship via the Alaska 529 Scholarship Giveaway. While entering a life-changing drawing, the program is a great way to save for education.

At any vocational school, university, or college in the United States, the scholarship fund may be applied for the qualified education expenses. A random winner is selected for the 45 days of the state’s commencement of the 2025 PFD payment. The program comes with wonderful tax benefits, meanwhile also offers a big opportunity to win a great prize. The article is a detail about the program, who can be a part of the program, and how one can apply for it.

$25K Alaska 529 Scholarship: Overview

Article On	Win $25K Alaska 529 Scholarship Giveaway – Who Qualifies & How to Apply!
Country	United States
Program Name	Alaska 529 Plan
Recipient	A winner is selected randomly
Amount	$25,000
Winner selected	Near November 2025
Category	Financial Aid
Official Website	alaska529plan.com

$25K Alaska 529 Scholarship: Who can apply for it?

One of the best parts of the program is that anyone can open an Alaska 529 account. It is not necessary that you must be a parent or a child for the program. Listed below are the criteria to be eligible for the program.

• Any U.S. citizen or resident alien having a mailing address in the U.S.
• There is no restriction on the age criteria; you can be a kid, an adult, or even a grandparent.
• There is no set income limit to be part of the program; anyone with any income can be a part of the program.
• You can open the Alaska account for yourself, in case you are thinking about your graduate school or career training.

NOTE: An Alaska 529 account can be opened for a grandchild, child, or for future education.

$25K Alaska 529 Scholarship: About the scholarship

Every year, Alaskans get a Permanent Fund Dividend, which is defined as a payout from the state’s oil funds. For 2025, if you deposit half of the dividend into the Alaska 529 college savings plan, you will inevitably come in to win $25,000. The award can be used for college, technical school, or other qualified education expenses anywhere in the country.

Almost 45 days from the beginning of the PFD payments, a random winner is selected. They are notified by letter, phone, or in person and have five days to claim the award.

What can the scholarship be used for?

If anyone wins the $25,000 scholarship, this amount will help cover all types of educational expenses. Some of these expenses comprise-

The amount can be used to pay for the university or college tuition.

• In the apprenticeship or trade school programs.
• The fees of a K-12 private school.
• The fee of textbooks and other necessary study material.
• The fees of some international schools.
• The off-campus and on-campus housing have some limits.

NOTE: Due to this, the PFD program was considered more than just a one-time check. The program is a key way to invest in your and your family’s future.

Why should you care?

In an everyday household, it has become very challenging to save for education, particularly with the increasing costs such as housing, tuition, and day-to-day expenses like fuel and groceries. Putting half of the PFD into an Alaska 529 account seemed to be a very big step, but this step is worth the process. With this, you don’t only get an amount of $25,000, but the account itself comes with remarkable assistance.

• Tax-free growth: The amount in the account grows without federal taxes.
• Flexibility: At any time, you can change the beneficiary, i.e., from one kid to another.
• Tax-free withdrawals: There will be tax-free withdrawals as long as the amount is used for approved education expenses.
• No age or income limits: The account can be opened by anyone, a kid, or even grandkids.

Important Dates

• January-March 2025: For the PFD Application Window
• October 2025: The payment of PFD is generally made.
• Near November 2025: The winner of the scholarship is selected.

NOTE: For the precise dates and information, visit the official website.

$25K Alaska 529 Scholarship: How to Apply?

To be a part of the Alaska $25K scholarship, the listed steps need to be followed-

• One should apply for the 2025 PFD between January and March 2025.
• To send 50% of the PFD to an Alaska 529 account, check “Yes”.
• After that, you have to wait for the drawing, which usually takes place after 42 days of the PFD payments in October.

Final Thoughts

The Alaska 529 Giveaway is subsidized by the Education Trust of Alaska, which is a $25,000 scholarship account. For the residents of Alaska, the combined which is Alaska529 Giveaway and the Alaska 529 Plan offers a worthwhile and convenient method. The program is for saving expenses for education and to win a significant scholarship just by investing a portion of their PFS.

Frequently Asked Questions

How can one enter the drawing for the $25,000 Alaska scholarship?

One needs to mark “Yes” on their 2025 PFD application to transfer 50% of the PFD to an Alaska 59 account.

Are there any taxes to apply for the $25,000 scholarship?

No, there are no taxes; it is exempt from taxes.

Who is eligible to create an Alaska 529 account?

There are no restrictions on age or income for any U.S. citizen or resident alien with a U.S. mailing address.

When will the winner of the $25,000 Alaska scholarship be announced?

Usually, in November 2025, approximately 45 days following PFD payments.