Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Augustana University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


Interestingly, almost all of the students at AU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $8,069,691 in a year. For additional information about financial assistance schemes, one can head over to AU’s financial aid page at http://www.augie.edu/admission/financing-your-education. Notably, a total of 20% of the applicants to Augustana University receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 20% get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,339, the State Grant receivers and Institution Grant beneficiaries get $1,580 and $20,541, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,359. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $24,116 on average in a year. The average aid amount stands at $26,337 for an annual family income between $30,001 and $48,000. This amount comes to $25,228 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $22,106 for those with an annual family income between $75,001 and $110,000, and at $19,106 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At AU, an estimated number of 66% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Augustana University

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


Other Colleges In South Dakota

University of Sioux Falls which is a private, American Baptist university, is located in Sioux Falls, South Dakota. Around 85% of the students are 24 and under at University of Sioux Falls. At USF around 84% are white, 6% belong to two or more races, and 5% are Black or African American. And, whe

Sioux Falls, South Dakota 4 years Private Not-For-Profit


Vermillion, South Dakota 4 years Public


Mitchell, South Dakota 4 years Private Not-For-Profit

Other Private not-for-profit Colleges


Mount Olive, North Carolina 4 years Private Not-For-Profit

Maryville University of Saint Louis which is located in St. Louis, MO is a private university offering several courses to the students. It was in 1872 when the Maryville University of Saint Louis was founded. Keeping the pursuit of research, innovation, and excellence at the center, Maryville Univer

Saint Louis, Missouri 4 years Private Not-For-Profit


Chicago, Illinois 4 years Private Not-For-Profit