In case the students at University of Alaska Anchorage face any financial issues concerning the fees and cost of living, and find the same to be high, they can seek help from the financial aid department of the varsity. It focuses on settling the issues that students face, and candidates can be assisted with scholarships, grants, and student loans. The average federal grant that comes from the university is around $4,800, whereas the financial aid is $3,357. The university provides financial assistance in the form of state-level aid worth $4,364 and institutional aid worth $3,357. The need-based scholarships awarded to students admitted to University of Alaska Anchorage amount to $398,281 per annum. Meanwhile, the total non-need-based scholarships/grants awarded in a year total $6,246,629.