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  A.W. “Winn” Brindle Memorial Education Loan

The A.W. "Winn" Brindle Memorial Education Loan program was established in memory of A.W. "Winn" Brindle, who was president of the Wards Cove Packing Company and Columbia Wards Fisheries. It is funded by private donations and contributions from fisheries in exchange for state tax credits.

The Winn Brindle Memorial Education Loan provides funding to cover educational expenses for students enrolled in a fisheries-related field. Borrowers may be eligible for up to 50% forgiveness of their loan debt when they return to Alaska and work in a qualifying fisheries-related field.

No Origination Fee

2011-2012

Rates and Borrower Benefits

The base note rate is fixed, but borrower benefits are variable and may change annually.1

Interest Rate

Base note rate

5% (APR 5%)2  

Recurring online payment 3

- .25%             

Lowest rate for qualifying term

4.75%                        

Loan Limits: N/A
  
 Eligibility
To qualify for a Winn Brindle Memorial Education Loan, you must:
  1. be an Alaska resident
  2. be enrolled full-time in a vocational certificate or undergraduate or graduate degree program in a fisheries-related field of study
  3. not have adverse credit history
  
 How to Apply

Apply online now to receive an immediate response to your credit check. You can also download and submit a paper application.
  
  
1  Interest rates and Borrower Benefits are subject to approval annually by the Alaska Student Loan Corporation.

2 The APR assumes a principal loan amount of $8,500, freshman borrower, and a repayment term of 15 years. The APR does not include the effects of Borrower Benefits.

3 To receive the interest rate reduction for recurring online payment, the loan must be in repayment status.