by our College Data Analytics TeamThe majority of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Augustana University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does Augustana Sioux Falls offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Augustana University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Augustana University, 100% of new full-time first-years were awarded at least some aid some 454 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $30,445 |
| Institutional grants & scholarships | 100% | $28,439 |
| Federal Pell grants | 22% | $5,281 |
| State/local grants | 21% | $1,734 |
| Federal student loans | 55% | $5,161 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Augustana Sioux Falls, approximately 97% of undergrads got grants or scholarships worth on average $28,594 (across approximately 1821 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $28,594 |
| Federal Pell grants | 18% | $5,355 |
| Federal student loans | 52% | $6,446 |
Title-IV recipients living on campus saw average grant aid of $31,265.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,988 |
| $30,001 – $75,000 | $21,493 |
| Over $75,000 | $26,464 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,894 |
| Off-campus title-IV students | $24,723 |
To project your own net price, use Augustana Sioux Falls’s official net price calculator: www.augie.edu/npc.
Graduating students at Augustana Sioux Falls carry a median federal student debt of $21,250 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,250 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Augustana Sioux Falls.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,384 |
| 25th percentile | $10,648 |
| 75th percentile | $28,000 |
| 90th percentile (highest-debt students) | $32,267 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,385 |
| Middle income | $21,344 |
| High income | $21,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,500 |
| Continuing-generation students | $20,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $16,624 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Augustana Sioux Falls.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Augustana Sioux Falls:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6190 |
| Total Stafford loan amount | $98,185,888 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 27 |
| Total GI Bill amount | $485,106 |
| Average GI Bill amount per recipient | $17,967 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,750 |
| Average DoD amount per recipient | $3,750 |
References
More about our data sources and methodologies.