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Many private (non-federal) lending organizations offer loan funds to assist students with their educational and living expenses. Sometimes referred to as "alternative" loans, these non-need-based programs can help bridge the gap between the total cost a student incurs to attend Augustana College and the funding received from federal, state and other financial aid programs.

Federal Direct PLUS Loans are low-interest loans available to parents to help meet their student's educational costs.

Federal Direct Loans are low-interest loans for eligible students to help cover educational costs, and are borrowed directly from the U.S. Department of Education.

A student in good academic standing may request a one-term official leave of absence for personal reasons without withdrawing from the college.

Students, who wish to withdraw from all courses during the term, must take formal action to do so by contacting the Dean of Students Office, Founders Hall 104.

Verification is a process requiring students to verify specific items reported on the Free Application for Federal Student Aid (FAFSA). Students are randomly selected by the Department of Education to complete the process.

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.

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.

Students who have graduated, withdrawn, or dropped below half time begin their six-month grace period for Federal Direct Loan(s).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.