Understand Augustana College Illinois' Financial Aid Information
The amount of financial assistance and scholarships or grants you can get varies based on your family's income level. Here you will learn more to help you to know just how much aid and scholarships to expect from Augustana College Illinois.
What Percentage of Students Get Financial Assistance?
$33,443 is the normal Augustana College Illinois' freshman financial aid package. About 99.0% of incoming students get financial aid, the majority of which is scholarships and grants.
Financial aid helps reduce the expense, or the "sticker" price of the college. However, be aware that the only true discounts off the cost of college are in the form of grants and scholarships.
A student loan isn't a true college price reduction, but rather an additional cost consideration. Learn how much student loan debt from Augustana Rock Island you may end up dealing with.
Number of Augustana Rock Island Grants & Scholarships
The stats below refer to aid which is provided by Augustana College Illinois.
99.0% of new students (716 total) were offered scholarships at Augustana College Illinois, averaging $23,161 per student. This puts it in the top 20th percentile of all colleges in the nation.
193 first years were awarded a grant. About 27.0% of Augustana Rock Island freshmen obtained grants with an average of $4,799 each recipient.
The chart below shows the average amount of grant and scholarship aid given to all first year students.
Grants are usually need-based while scholarships are merit-based.
Amount of Financial Aid By Income Level
Find out how much grant and scholarship assistance you may expect to get based on your income level. The chart following displays freshmen getting federal Title IV aid which includes PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.5% | $33,085 |
| Income 30k-48k | 8.0% | $32,429 |
| Income 48k-75k | 14.3% | $29,486 |
| Income 75k-110k | 16.0% | $25,368 |
| Income 110k + | 28.1% | $21,688 |
Financial aid from the federal government by means of grants, loans, or work-study is referred to as Title IV aid. Get more info on Title IV here..
Grants & Scholarships for All Students Is $22,709
2,421 Augustana Rock Island students receive grant aid (this is around 97.0% of the complete student population). The average amount these students receive is $22,709
Augustana College Illinois Financial Aid Information
| Financial Aid Department Website | www.augustana.edu/fa/ |
| Net Price Calculator | www.augustana.edu/x37195.xml |
