Scholarships, Grants, and Loan Trends at Augie

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,634, which is 95.78 % of all undergraduate students. 1,007 students which is 59.00% of undergraduate students received federal student loans and the average loan amount is $7,674.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 63% 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 Augustana University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,634, which is 95.78 % of all undergraduate students. 1,007 students which is 59.00% of undergraduate students received federal student loans and the average loan amount is $7,674.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,629 (96%)$16,310350 (21%)$3,8191,045 (62%)$8,095
2014-151,613 (97%)$17,352331 (20%)$3,7591,040 (62%)$7,977
2015-161,546 (96%)$18,065294 (18%)$3,967937 (58%)$7,794
2016-171,579 (95%)$19,186315 (19%)$4,014957 (57%)$7,877
2017-181,672 (96%)$20,344354 (20%)$4,2511,017 (58%)$7,930
2018-191,710 (95%)$20,857335 (19%)$4,3591,070 (60%)$7,542
2019-201,736 (96%)$22,071349 (19%)$4,2871,059 (59%)$7,560
2020-211,573 (95%)$22,851287 (17%)$4,499997 (60%)$7,696
2021-221,646 (96%)$23,837313 (18%)$4,505940 (55%)$6,599
Average1,634 (95.78%)$20,097325 (19.00%)$4,1621,007 (59.00%)$7,674

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

For the last 10 years, on average, 411 (100.00 % of students) received grants or scholarships and its average amount is $22,154. It can cover 56.53% of tuition & fees ($39,190).
In addition, 257 (62.56 % of students) students get helped from the students loans (average amount : $9,138).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14367 (100%)$18,225215 (59%)$9,196
2014-15396 (100%)$19,402259 (65%)$9,109
2015-16367 (100%)$19,748232 (63%)$9,471
2016-17420 (100%)$21,816261 (62%)$8,747
2017-18481 (100%)$21,957307 (64%)$9,178
2018-19455 (100%)$22,281301 (66%)$10,241
2019-20430 (100%)$23,430269 (63%)$9,647
2020-21319 (100%)$24,606212 (66%)$8,844
2021-22466 (100%)$27,920257 (55%)$7,805
Average411 (100.00%)$22,154257 (62.56%)$9,138
*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, 86 (20.89 % of students) received Pell (federal) grants and its average amount is $4,239.
In addition, 117 students received State/local government grants/scholarships (28.56 % 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
2013-1476 (21%)$4,01179 (22%)$1,977102 (28%)$1,294367 (100%)$16,609
2014-1583 (21%)$3,72383 (21%)$1,993103 (26%)$1,445396 (100%)$17,828
2015-1680 (22%)$3,89882 (22%)$2,12598 (27%)$1,589367 (100%)$17,999
2016-1788 (21%)$4,09987 (21%)$1,872119 (28%)$1,457420 (100%)$20,157
2017-18103 (21%)$4,305106 (22%)$1,946142 (30%)$1,593481 (100%)$20,136
2018-1989 (20%)$4,43792 (20%)$2,046132 (29%)$1,580455 (100%)$20,541
2019-2099 (23%)$4,220196 (46%)$1,564136 (32%)$1,550430 (100%)$21,255
2020-2162 (19%)$4,65063 (20%)$2,20192 (29%)$1,369319 (100%)$22,873
2021-2291 (20%)$4,80890 (19%)$1,783130 (28%)$1,891466 (100%)$26,109
Average86 (20.89%)$4,23998 (23.67%)$1,945117 (28.56%)$1,530411 (100.00%)$20,390
*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, 257 (62.56 % of students) get any students loan help and its average loan amount is $257.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14215 (59%)$9,196211 (57%)$7,00655 (15%)$9,072
2014-15259 (65%)$9,109258 (65%)$7,00062 (16%)$8,922
2015-16232 (63%)$9,471228 (62%)$6,97556 (15%)$10,835
2016-17261 (62%)$8,747259 (62%)$6,71950 (12%)$10,856
2017-18307 (64%)$9,178304 (63%)$6,54377 (16%)$10,762
2018-19301 (66%)$10,241293 (64%)$6,215100 (22%)$12,618
2019-20269 (63%)$9,647267 (62%)$6,05278 (18%)$12,554
2020-21212 (66%)$8,844212 (66%)$6,26142 (13%)$13,036
2021-22257 (55%)$7,805254 (55%)$5,15154 (12%)$12,920
Average257 (62.56%)$9,138254 (61.78%)$6,43664 (15.44%)$11,286
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