Scholarships, Grants, and Loan Trends at Augsburg

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,274, which is 91.22 % of all undergraduate students. 1,864 students which is 74.56% of undergraduate students received federal student loans and the average loan amount is $7,789.
For full-time, first-time beginning students (freshmen), 99.67% of students received grants or scholarships and 85% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Augsburg University since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,274, which is 91.22 % of all undergraduate students. 1,864 students which is 74.56% of undergraduate students received federal student loans and the average loan amount is $7,789.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,166 (80%)$17,8011,176 (43%)$3,9491,913 (70%)$9,554
2014-152,151 (82%)$18,3641,048 (40%)$4,1941,774 (68%)$8,221
2015-162,378 (96%)$19,0981,175 (47%)$3,9232,030 (82%)$9,512
2016-172,301 (91%)$22,3451,074 (42%)$4,2292,019 (80%)$7,466
2017-182,152 (88%)$23,8721,098 (45%)$4,5611,697 (69%)$8,152
2018-192,167 (92%)$24,7821,117 (48%)$4,6501,838 (78%)$6,684
2019-202,420 (97%)$25,4981,215 (49%)$4,7711,896 (76%)$6,864
2020-212,391 (96%)$27,2611,269 (51%)$4,8311,857 (74%)$6,838
2021-222,338 (99%)$29,5931,189 (50%)$5,0101,751 (74%)$6,812
Average2,274 (91.22%)$23,1791,151 (46.11%)$4,4581,864 (74.56%)$7,789

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 484 (99.67 % of students) received grants or scholarships and its average amount is $27,111. It can cover 61.70% of tuition & fees ($43,942).
In addition, 411 (84.78 % of students) students get helped from the students loans (average amount : $8,385).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14460 (99%)$26,554369 (80%)$10,784
2014-15383 (98%)$20,722301 (77%)$9,865
2015-16478 (100%)$23,597415 (87%)$10,090
2016-17474 (100%)$25,629420 (89%)$8,533
2017-18433 (100%)$26,658375 (86%)$7,497
2018-19416 (100%)$27,333379 (91%)$7,023
2019-20624 (100%)$30,340549 (88%)$7,436
2020-21557 (100%)$30,900472 (85%)$7,025
2021-22530 (100%)$32,266422 (80%)$7,208
Average484 (99.67%)$27,111411 (84.78%)$8,385
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 260 (52.89 % of students) received Pell (federal) grants and its average amount is $4,702.
In addition, 305 students received State/local government grants/scholarships (62.11 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14235 (51%)$4,24235 (8%)$3,623244 (53%)$3,979460 (99%)$22,001
2014-15175 (45%)$4,36225 (6%)$3,840195 (50%)$4,413381 (97%)$16,317
2015-16217 (45%)$4,69537 (8%)$3,684258 (54%)$5,133476 (100%)$18,487
2016-17238 (50%)$4,68247 (10%)$3,533287 (61%)$5,436474 (100%)$19,637
2017-18222 (51%)$4,71944 (10%)$2,988282 (65%)$5,380433 (100%)$20,431
2018-19230 (55%)$4,70155 (13%)$3,145290 (69%)$5,558416 (100%)$20,444
2019-20385 (62%)$5,001528 (85%)$1,028445 (71%)$5,927624 (100%)$22,157
2020-21357 (64%)$4,912272 (49%)$2,082398 (71%)$5,967557 (100%)$22,471
2021-22282 (53%)$5,003509 (96%)$2,031347 (65%)$6,027529 (100%)$23,752
Average260 (52.89%)$4,702172 (31.67%)$2,884305 (62.11%)$5,313483 (99.56%)$20,633
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 411 (84.78 % of students) get any students loan help and its average loan amount is $411.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14369 (80%)$10,784363 (78%)$8,58175 (16%)$11,525
2014-15301 (77%)$9,865298 (76%)$7,30566 (17%)$12,010
2015-16415 (87%)$10,090412 (86%)$8,18064 (13%)$12,769
2016-17420 (89%)$8,533420 (89%)$6,50462 (13%)$13,745
2017-18375 (86%)$7,497320 (74%)$6,58155 (13%)$12,823
2018-19379 (91%)$7,023379 (91%)$5,40651 (12%)$12,012
2019-20549 (88%)$7,436548 (88%)$5,67080 (13%)$12,190
2020-21472 (85%)$7,025470 (84%)$5,53852 (9%)$13,716
2021-22422 (80%)$7,208418 (79%)$5,64353 (10%)$12,889
Average411 (84.78%)$8,385403 (82.78%)$6,60162 (12.89%)$12,631
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