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Financial Aid

Financial aid is an important part of the college search and experience, and we are here to help.

With your Augustana education you are investing in your future, and throughout your experience, Augustana College invests in you. It all begins with financial support for your journey. 

Financial aid staff are ready to assist with any questions you may have. Just stop by the Office of Financial Aid during open hours, or make an appointment for an in-person or virtual meeting by emailing financialaid@augustana.edu or calling 309-794-7207.

 

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Applying for aid

How to apply for financial aid

Most financial aid from Augustana doesn’t require a special application beyond applying to the college and completing the FAFSA.

Types of aid

See the types of financial aid that are available at Augustana College, including institutional scholarships, outside scholarships, grants, loans and more.

Application procedure for international students

Admission of non-U.S. citizens to Augustana College is based upon overall academic strength as well as the financial ability to meet the cost of an Augustana education. 

Financing and payment options

There are several options for paying out-of-pocket costs not covered by financial aid.

Augustana scholarships

Merit-based scholarships and awards are a form of gift aid, awarded without regard for financial need, and do not need to be repaid. Augustana offers merit-based scholarships and awards based on demonstrated academic achievement, talent, program of interest, and other criteria.

Outside scholarships

Organizations and businesses often offer scholarships, which typically do not need to be repaid, to both currently enrolled and prospective students to help with college expenses. Students apply directly through the organization. 

Student employment and financial aid

Students can help cover some college expenses by taking advantage of the many student job opportunities on- and off-campus. Augustana posts on- and off-campus jobs and internships at Handshake.

Military and veteran education benefits

If you are a veteran of U.S. military service, an eligible active-duty member of the military, or an eligible dependent, you may be eligible for Veterans Affairs (VA) Educational Benefits.

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Repayment

Loan servicer information

If a student has borrowed a Federal Direct Loan, the loan is serviced by one of a number of different service centers. If your servicer has not contacted you, please refer to the National Student Loan Data System to determine who is servicing the loans.

Loan repayment options and consolidation

Students who have graduated, withdrawn, or dropped below half time begin their six-month grace period for Federal Direct Loan(s). Students are not required to make principal payments during this time, but it is advisable to consider making payments.

Deferment and forbearance

There may be situations in which borrowers are unable to make payments on their loans, in which case there could be eligibility for a deferment or a forbearance.

Information for alumni

Augustana students may have questions related to loans after graduation or leaving Augustana. Here are some resources that may help.

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Forms

Financial aid forms

Access student verification worksheets, tax request forms, financial aid repeal requests and more.

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Consumer information

Consumer Information and Student Right to Know

Augustana has many resources available to share consumer and student right-to-know information.

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Special or unusual circumstances

Special or unusual circumstances

Financial aid administrators have the discretion to make adjustments to a student's FAFSA based on special or unusual circumstances. Determinations for adjustments are made on a case-by-case basis; supporting documentation is required.

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Additional resources

Financial aid resources

See a list of links providing information and resources about financial aid.

Federal Student Aid ID

The Office of Federal Student Aid (FSA) requires all students to create an FSA ID (username and password). This replaces the Federal Student Aid PIN and must be used to log in to certain U.S. Department of Education services.

Degree requirements

Students are subject to all degree requirements in place at the time they first enrolled, including all major, minor and general education requirements for the degree.

Major and minor course requirements

Here is detailed information about requirements for majors and minors, listed by area of study. These info sheets are especially useful for first-year students and their advisors.

Eligibility and policies for financial aid

To be eligible for federal, state and/or institutional need-based aid you must meet certain criteria. Using the information provided on the FAFSA, an Expected Family Contribution (EFC) is calculated using a standardized formula mandated by the federal government.

Contact Financial Aid

Find the hours, location and contact information for Augustana's Office of Financial Aid.