My child lives at home and only needs to pay for tuition/books at UAA. So, I make 200k a year and my child has a GPA of 3.6 and meets all of the course requirements. My child can still get $4000 a year from the state, even though I have more than enough funds to pay for it myself. That is a SWEEEEEEEEEEEEEEEEET Deal for ME!  It's almost as good as the PFD!!!