In 2022, Augsburg University's tuition was $43,142 a year.
In 2023, tuition increased 4.5%–from $41,284 the previous year. Usually, college tuition goes up about 3% every year.
Remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make the amount you do have to pay for college more manageable until you're done with college.
Augsburg University meets 77.67% of the demonstrated financial need for undergraduates. First-year students that attend Augsburg University full-time are awarded $36,196 a year in financial aid, on average.
Students in the class of 2023 who had taken out student loans graduated with an average of $34,134 of debt.
Augsburg University is a private, religious institution, so it has the same tuition for students from Minnesota as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to check your state's requirements for in-state tuition. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements as well, depending on where you live.
Explore other Minnesota colleges
Tuition at Augsburg University is the same for all students.
International students are not eligible for federal financial aid, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may qualify for the following types of financial support at Augsburg University:
•On-campus jobs •Loans from outsideAugsburg University •Augsburg University-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Augsburg University.
Room and board at Augsburg University is $12,483 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the Augsburg University's on-campus cafeterias and dining facilities.
Meal-plan costs can depend on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be additional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have ways for students who may struggle to participate because of cost can get help covering these fees.
The cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you own a car, or will you need to use public transportation? All of these factors can make a big difference in your estimated cost of transportation. At Augsburg University, freshman are not allowed to park on campus.
Where are a college is located can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city could be pricey, but there may be more trains, busses and affordable flights to actually get to school. The Augsburg University campus is located in a city in Minnesota, not far from Minneapolis-St. Paul.
When creating a budget for college, be sure to consider the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s go over all of the costs we've covered, to get a better estimate of what is really costs to go to Augsburg University.
What will the cost of attending Augsburg University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $43,142 |
Room and Board | $12,483 |
Other expenses | $2,500 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $58,925 |
Off-Campus | $46,442 |
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
The majority of Augsburg University undergrads use financial aid to help pay for school. In 2023, 1,759 of the 2,358 undergrads enrolled received financial aid. Augsburg University meets 77.67% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $36,196 a year. Around 68.92% of Augsburg University undergrads take out student loans to cover any remaining costs. Augsburg University graduates who have student loans graduate with an average of $34,134 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $25,232 |
Private Loans | $37,578 |
Most Common Loans for Augsburg University Students | |
---|---|
Federal Loans | 67.73% |
Private loans | 17.13% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Augsburg University financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, Augsburg University awarded 1,753 need-based scholarships to students, giving away total of $55 million to help students with financial need cover the cost of school. An additional $9.74 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Augsburg University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Augsburg University was $36,196 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Augsburg University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $22,729 |
Off-Campus | $10,246 |
What will attending Augsburg University really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Augsburg University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Augsburg University has some full or partial tuition waivers available for: - International Students
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
For more information about Augsburg University's endowment, check with the school directly.
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Tuition & Fees
$56,425
In State$56,425
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
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