The opportunity for all students to obtain higher education is of benefit to both the individual students and the State. Many students do not possess sufficient financial resources to pursue higher education.

There is established by statute (AS 14.40) an Alaskan Student Loan and Tuition Grant Selection Committee. The Student Loan and Tuition Grant Selection Committee has gone on record as favoring the continued participation by the State in a Guaranteed Student Loan Program.

The Commissioner of Education is the chief administrative officer of the Department of Education and the executive secretary of the Student Loan and Tuition Grant Selection Committee.

By virtue of the authority vested in me as Governor of Alaska, I hereby order that:

The Commissioner of Education of the State of Alaska, in his capacity as the executive secretary of the Student Loan and Tuition Grant Selection Committee, is responsible for administering the Guaranteed Loan Program for Alaskans students.

This Order is retroactive to July 1, 1972.

Dated at Juneau, Alaska, this 15th day of December, 1972.

S/S WILLIAM A. EGAN
WILLIAM A. EGAN   
Governor of Alaska