The Importance of Understanding Financial Aid
The amount of financial assistance you will receive, which includes scholarships, grants and loans, is going to be determined by your need. The information available on this page will show what you will likely be given at Augsburg determined by income level and other factors.
How Much Financial Assistance is Available?
Augsburg College's standard financial aid deal for incoming freshman students is $30,587. Around 98.0% of freshman students obtain some kind of financial assistance, the majority of which is scholarships and grants.
Financial aid helps decrease the expense, or the "sticker" price of the college. However, know that the only true discounts off the cost of college are in the form of grants and scholarships.
We feel that loan debt should be regarded as an "outcome" rather than "aid". Find more on student loan debt at Augsburg.
Number of Augsburg Scholarships & Grants
The numbers below refer to aid which is offered by Augsburg College.
97.0% of freshmen (381 total) were given scholarships at Augsburg College, averaging $16,317 per person. This ranks in the top 20th percentile of all colleges nationwide.175 first years also received a grant. About 45.0% Augsburg freshmen received grants with an average of $4,911 per person.
How are scholarships and grants given away to first years at Augsburg? See the chart listed below.
Grants are normally need-based while scholarships are merit-based.
How Income Level Affects Aid
Determine how much scholarship and grant assistance you may expect to be given determined by your family income. The table below displays freshmen receiving Title IV aid including PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||21.0%||$16,685|
The table above displays students who are receiving Title IV aid which is federal assistance from the government in the form of grants, loans, and work study. Learn more.
$18,364 is the Common Amount an Undergraduate Receives in Scholarships or Grants
Of the 2,619 undergraduate students at Augsburg College about 82.0% (2,151 total) get some type of grant aid. The standard amount granted was $18,364.
Augsburg College Financial Aid Information
|Financial Aid Department Website||www.augsburg.edu/studentfinancial|
|Net Price Calculator||https://augsburg.studentaidcalculator.com/survey.aspx|