University of Alaska Fairbanks is located in Fairbanks and is part of a statewide university system. Chancellor Michael Powers is UAF's chief executive officer. UAF is distinctive in the University of Alaska system for its research-intensive mission, its Ph.D. programs, its Land Grant status, and its service to rural and Alaska Native peoples. These elements are central to the strategic direction of UAF, America's Arctic University.

The top priority of the University of Alaska Fairbanks is to provide high quality education at both the undergraduate and graduate levels.