Average tuition, fees, room & board for Alaska colleges in 2026-2027. Compare costs and plan your 529 savings.
Alaska does not offer a state income tax deduction for 529 plan contributions. However, you still benefit from federal tax-free growth and tax-free withdrawals for qualified education expenses.
To cover the full 4-year in-state cost at today's prices ($83,600), a Alaska family starting at birth would need to save approximately $387/month. Factoring in 5% annual cost inflation and 7% investment returns in a 529 plan, the recommended monthly savings increases to approximately $467.
| Starting Age | Monthly Savings Needed | Total Contributed | Est. 529 Growth |
|---|---|---|---|
| Age 0 (18 years) | $467/mo | $100,895 | +$100,298 |
| Age 5 (13 years) | $622/mo | $97,074 | +$60,566 |
| Age 10 (8 years) | $963/mo | $92,493 | +$31,022 |
| Age 13 (5 years) | $1,490/mo | $89,420 | +$17,277 |
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