Alaska § 37.14.750 - Alaska higher education investment fund established.
Full text of Alaska Alaska Statutes § 37.14.750 — Alaska higher education investment fund established., with citation guidance and answers to common questions.
§ 37.14.750. Alaska higher education investment fund established.
(a) The Alaska higher education investment fund is established as a separate fund in the state treasury for the purpose of making grants awarded under AS 14.43.400 — 14.43.420 by appropriation to the account established under AS 14.43.915 (a), making scholarship payments to qualified postsecondary institutions for students under AS 14.43.810 — 14.43.849 by appropriation to the account established under AS 14.43.915 (b), and funding agreements for medical education under AS 14.42.033 . Money in the fund does not lapse. The fund consists of (1) money appropriated to the fund;
(2) income earned on investment of fund assets;
(3) donations to the fund; and
(4) money redeposited under AS 14.43.915 (c).
(b) The legislature may appropriate any amount to the fund established in (a) of this section. Nothing in this section creates a dedicated fund.
(c) As soon as is practicable after July 1 of each year, the commissioner of revenue shall determine the market value of the fund established in this section on June 30 for the immediately preceding fiscal year. The commissioner shall identify seven percent of that amount as available for appropriation as follows: (1) one-third for the grant account established under AS 14.43.915 (a), from which the Alaska Commission on Postsecondary Education may award grants; and
(2) two-thirds for the scholarship account established under AS 14.43.915 (b), from which the Alaska Commission on Postsecondary Education may award scholarships.
(d) In this section, unless the context requires otherwise, “fund” means the Alaska higher education investment fund established in (a) of this section.
Article 10. Mine Reclamation Trust Fund.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 37.14.750
What does Alaska Statutes § 37.14.750 cover?
Section 37.14.750 ("Alaska higher education investment fund established.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 37.14.750?
A common citation format is "Alaska Statutes § 37.14.750" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 37.14.750 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.