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Portrait of Representative Eldon Mulder Session:
State Capitol, Room 507
Juneau, AK 99801-1182
Phone: (907) 465-2647
Fax: (907) 465-3518
Send E-Mail

Interim:
716 W 4th Avenue, Suite 310
Anchorage, AK 99501-2133
Phone: (907) 269-0265
Fax: (907) 269-0264

Senate Authorizes Student Loan Participation
Measure Reauthorizes Historically Popular Program

For Immediate Release: April 26, 1999
Contact: Representative Eldon Mulder at (907) 465-2647

Juneau -- The Alaska Senate Monday unanimously passed House Bill 27, sponsored by Representative Eldon Mulder (R-Anchorage). HB 27 would allow Alaska to renew participation in the Western Interstate Commission on Higher Education (WICHE) Professional Student Exchange Program.

Alaska took part in this program between its inception in 1953 until 1997, when monetary pressure forced a suspension of the State's participation. During those forty-plus years, some 1,136 Alaskan students participated in all professional fields received grants from the State. Almost half those students returned to Alaska to live and work in their chosen professional fields.

House Bill 27 permits State student loan monies to be loaned through WICHE and repaid to the State of Alaska.

"The WICHE Professional Student Exchange Program is a cost-effective alternative to the creation of new schools and new programs in Alaska," Mulder said. "Since we are now in challenging financial times, participation in this program is a cost-effective and viable strategy for the State."

State projections show growth in numerous professional fields, with reliable professionals needed to fill those positions. At the same time, Alaskans find it difficult to gain access to professional schools even as the demand for professional education grows.

HB 27 now goes to the Governor for signature.

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