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Income Insurance Program

Committing to students

College can feel like a commitment with few guarantees. That’s why Augustana is partnering with Degree Insurance to offer an innovative Income Insurance Program for a select group of new enrolling students.

The students in this program can graduate with a bachelor’s degree, in whatever major they choose, and have confidence their income after college will meet their financial expectations.

Students are facing so many unknowns right now. This program, along with an Augustana education, builds confidence in their future even before they graduate.

How does it work?

Admittance into the program comes at no additional cost for the student, and it is by invitation only. This effort involves Degree Insurance's flagship insurance product, American Dream Insurance (ADI). Once the graduate begins a first job in their field, Degree Insurance coverage begins.

To remain eligible, participating students must work in the United States after graduating from Augustana. If the graduate decides to enroll in graduate school, serve a church mission or participate in Teach for America or a similar program, the coverage will be paused during those years.

For example:

Income Insurance infographic

Note:
• Start and graduation dates are hypothetical.
• Average salary is based on actuarial data in that region.
• If your salary is above the average, great! You won't receive any additional payment from the Income Insurance Program.