The foundation offers generous scholarships to both full-time and part-time students in college, training and technical schools. Assistance is also available for career development or short-term training. These funds help offset the cost of attending a program, which is the main barrier for many individuals interested in post-secondary education.

The Foundation provides funding for tuition, books, fees and on-campus student housing to shareholders and registered descendants. Funds are paid directly to the school, and any additional is distributed to the student to offset their cost of living.

To qualify, you must be enrolled in one of the following programs:

  • Full-time college (12+ credits)
  • Part-time college (6+ credits)
  • Graduate or Doctorate (9+ credits or full time as defined by the institute)
  • Vocational one and two-year programs
  • Career Development or short-term training

Additional requirements:

  • Alaska Native as defined as “Native” under the Alaska Native Claims Settlement Act 43 U.S.C. 1602(b).
  • Enrolled in the Ounalashka Corporation, OR Native lineal descendants enrolled to Ounalashka Corporation Descendant Program.
  • Accepted and enrolled in an accredited postsecondary institution for college or vocational school.
  • Have a cumulative GPA of 2.0 for undergraduate, and 3.0 for graduate and doctorate.

The amount awarded for college students is based on GPA and funds available each year.  Career Development scholarships are up to $500 per year. The maximum lifetime amount available is $100,000 per awardee.

The Ounalashka Corporation is the primary donor to the Foundation. OC founded the organization to support shareholders and descendants, and help them fulfill their potential.

To meet a rising number of applications for 2019, Ounalashka Corporation increased its donation to the Foundation. The generous contribution will allow the Foundation to continue offering a $100,000 lifetime maximum per student over the course of their education.

OC is very proud to support the career and learning goals of shareholders and descendants and encourages eligible shareholders and descendants to take advantage of the generous funding provided by the organization.

See below for important deadlines:

College or University

Fall Application Deadline – July 31st

Winter/Spring Application Deadline – November 30th

Summer Application Deadline—April 30th

Trade School

Required to submit application 60 days prior to the class start date.

Career Development

Required to submit application 15 days prior to their class start date.

Scholarship Program Applications – click here.

Career Program application coming soon!