Understand Augustana College Illinois' Financial Aid Information
The quantity of financial assistance, grants, scholarships, and more vary from person to person. With all the information below, you will better understand how much financial aid you will qualify for from Augustana College Illinois based on family income and merit.
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, most of which is scholarships and grants.
Financial aid helps reduce the expense, or the "sticker" price of the college. However, bear in mind 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" instead of "aid". Read more on student loan debt at Augustana Rock Island.
How Much is Available in 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% Augustana Rock Island freshmen obtained grants with an average of $4,799 each recipient.How are scholarships and grants given away to first years at Augustana Rock Island? See the chart listed below.
Grants are usually need-based while scholarships are merit-based.
Amount of Financial Aid By Income Level
Find out how much grand and scholarship assistance you may plan to get based on your income level. The graph 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 by 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
Of the 2,497 undergraduate students at Augustana College Illinois about 97.0% (2,421 total) receive some sort of grant aid. The standard amount awarded was $22,709.
Augustana College Illinois Financial Aid Information
| Financial Aid Department Website | www.augustana.edu/fa/ |
| Net Price Calculator | www.augustana.edu/x37195.xml |
