Roxanne DeMoss has spent her Alaska Permanent Fund Dividend on tuition at the University of Alaska Anchorage for the last several years. This year will be no different.
“UAA pretty much owns my Permanent Fund,” said DeMoss, a senior majoring in English literature.
DeMoss is one of many students who fork their PFD over to UAA to help pay tuition expenses.
This year marks the second largest payout of the PFD since its inception. The amount, $1850.28, is slightly lower that last year's record-setting $1963.86.
The checks being directly deposited will be available Oct. 10t. Everybody else receiving the check via the postal service will have to wait until the end of the month.
The only question left: How does one spend this year's PFD?
While some students are spending their PFD on tuition, a few plan to splurge and do a little traveling despite the recent tragedy at the World Trade Towers.
“I'm paying for a trip to Portland and California I'm taking next week,” said Michelle Webb, a sophomore. Webb plans to visit some family and attend a conference. This is the second time Webb has received the PFD, and last year she used the money to help pay her tuition.
Dave Ciruzzi, a freshman majoring in culinary arts, also has plans to travel. Ciruzzi is planning on a visit home to New Hampshire to visit his brother and his nephew.
Around PFD time, airlines usually begin running special fares. Just recently commercials advertising special Hawaiian Vacations PFD fares have been seen flashing across television screens.
Heather Freese, a travel agent with Thrifty Travel, says besides the Hawaiian Vacations fare, the only other airline to do anything as of yet is Alaska Airlines.
“We haven't seen any other airline do anything for the PFD, which is surprising because last year Northwest had a great PFD special,” Freese said.
Freese also said that while sales dropped after the Sept. 11 attacks, but they have gradually been picking up.
“The airlines didn't do much to the fares for a while, but this past week fares have been dropping,” Freese said.
However, many UAA students are choosing to use the extra income to pay off student loans and other bills.
This is exactly what UAA student Britt Godwin has plans to do.
“I'm paying off part of my student loan as usual,” said Godwin.