This annual report describes activities and accomplishments during fiscal year 1995 of the Alaska Commission on Postsecondary Education (ACPE) which, among other activities, oversees the Alaska Student Loan Programs (ASLP). The report also reports on the ASLP's administration of a Loan Fund to provide lower-interest loans to Alaska residents. It describes the following ACPE programs: Alaska Student Loans; Family Education Loans; Paul Douglas Teacher Scholarship Loans; the Professional Student Exchange Program; State Education Incentive Grants; Teacher Scholarship Loans; the WAMI (Washington, Alaska, Montana, Idaho) Medical Education Program; the Western Regional Graduate Program; the Western Undergraduate Exchange Program; and the Winn Brindle Memorial Scholarship Loans. The text of the report describes each program, defines eligibility criteria, and summarizes current program participation data and costs. Also reported are the year's activities in the areas of institutional authorization, institutional compliance, activities of the Alaska State Approving Agency (which reviews programs for veterans benefit eligibility), a review of Finance Division responsibilities, and information about support services. Thirteen appendix tables provide additional data on attendance; number, amount, and average size of loans; longitudinal data on total borrowing; most frequently attended institutions; distribution data for the State Education Incentive Grants; and historical data on participation rates for the Western Interstate Commission on Higher Education program. (CH)