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UA College Savings Plan Announces 2010 Scholarship Account Winners

ANCHORAGE--A 4-year-old boy from North Pole won a $25,000 University
of Alaska College Savings Plan scholarship, while four other young
Alaskans from Tanana to Anchorage each won $2,500 scholarship
giveaways.

University of Alaska Anchorage Chancellor Fran Ulmer announced the
five randomly selected winners during halftime of the UAA vs. Weber
State basketball game at the Great Alaska Shootout, held Thanksgiving
Day at Sullivan Arena.

Four-year-old Tristan Besser of North Pole now has $25,000 added to
his college savings plan. His mother, April Besser, said she and her
husband were "completely surprised" to learn they had won.

"My husband and I opened a college savings plan for Tristan to start
saving money for his education," April Besser said. "The UA College
Savings Plan is a good investment in your child's future and I would
definitely recommend it."

The winners of the $2,500 giveaway are:

· $2,500 - Joshua Freeman, 4, Anchorage

· $2,500 - Allan Kendal, 13, Anchorage

· $2,500 - Cole Knight, 16, Wasilla

· $2,500 - Allen Starr, 12, Tanana

The UA College Savings Plan offered the giveaway to encourage Alaska
families to set aside half of their Permanent Fund Dividends for
higher education expenses. Everyone who checked "yes" on line six of
their 2010 PFD application was automatically entered in the drawing.

Linda English, college savings plan director, said the scholarship
accounts will provide "a nice boost" to each family's existing
savings.

Plan beneficiaries can use the UA College Savings Plan to pay for
educational expenses at any eligible college, university, or
vocational/technical school in the country, not just UA. Families can
open a tax-advantaged account with as little as $50.

The UA College Savings Plan will offer the giveaway again next year.
The PFD application period begins Jan. 1, 2011 and runs until March
31, 2011. For more information about the Alaska Permanent Fund
Dividend and the line six checkoff, go to http://www.pfd.state.ak.us.
For more information about the UA College Savings Plan and the
scholarship account giveaway, go to http://www.uacollegesavings.com.

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