Support Programs

The 529 Incentive Program was created to support families in saving for their young ones’ educations. We will match contributions made to a 529 plan up to $250 dollars per year, per beneficiary. The beneficiary of the 529 plan must be a shareholder or a registered descendant of The Aleut Corporation (Aleut) per our eligibility requirements. Please read our full guidelines for details.

A 529 plan is an investment account used to save for educational costs. It is similar to a retirement account, like a Roth IRA, which grows in value over time. Money can be withdrawn tax-free from a 529 plan if it is used to pay for qualified education expenses.

Most states have a 529 plan available, including Alaska! These plans are also available through many investment brokers. We do not require the 529 plan to be with any specific state or broker.

Most contributions made to a 529 plan are by relatives. We can also reimburse contributions to a 529 plan made by people other than the beneficiary’s family. We will not match contributions made by other organizations or governments.

To get started, please login at the button below and access the Iqyax Form, which contains this program and several others.

The Emergent Electronics Program was created to support students that need to purchase electronics and software as part of their education.

Starting April 1^st each year, we can reimburse up to $600 for electronics and software purchased for educational purposes. Shareholders and registered descendants of The Aleut Corporation (Aleut) are eligible to apply.

We accept applications on a first-come first-served basis until the program’s funding is exhausted for the year.

We offer community-based, onsite education and training to those living in the Aleut region. Past grants have supported bringing the following trainings to communities: 40-hour HAZWOPER classes, refresher classes, a five-day intensive grant writing training and Microsoft Office computer training.

All Aleut original shareholders and descendants of original shareholders are eligible to apply. Verification of shareholder/descendant status is required. Shareholders can pull their verification from the MyAleut shareholder portal: https://portal.aleutcorp.com/, and descendants can receive their verification from [email protected].

If you wish to hold a particular type of training in your community contact us at 907-646-1929 or [email protected].