Augustana College

In 2022, Augustana College's tuition was $47,766 a year.

Tuition was the same price in 2023 as it was the year before. Usually, colleges raise tuition about 3% each year.

If this makes attending the college of your dreams seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay a lot less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make the amount you do have to pay out of pocket feel more doable until you're done with college.

Augustana College meets 88% of the demonstrated financial need for undergraduates. First-year students that attend Augustana College full-time are awarded $39,478 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $40,915 per student, not including those with no debt.

Augustana College: In-state vs. Out-of-State Tuition

Augustana College is a private, religious institution, so it has the same tuition for students from Illinois 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 school where you are eligible for in-state tuition can save on the total cost of attending college. Be sure to check your state's eligibility criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on where you live.

Explore other Illinois colleges

Do International Students Pay More to Go to Augustana College?

Augustana College has the same tuition for international students as for those from out of state.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or Augustana College-specific grants, scholarships, and other funding opportunities. International students with need may be eligible for the following types of financial support at Augustana College:

•On-campus jobs •Augustana College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

---

Augustana College Living Expenses, Fees, and More

---

Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Augustana College.

House and Food Costs at Augustana College

Room and board at Augustana College is $11,782 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the school dining halls.

Board costs may vary depending on the number of meals you intend to eat on-campus

Cost of Books at Augustana College

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 materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools have ways for students who may struggle to participate because of cost can get help covering these fees.

Planes, Trains, and Automobiles: Transportation costs at Augustana College

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 busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. At Augustana College, freshman are allowed to park on campus.

Where are a college is located can impact 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 getting around in an urban area might be costly, but there may be more trains, busses or low-cost flight options to actually get to school. The Augustana College campus is located in a suburb in Illinois.

Other Costs

When you're planning for college, don’t forget to consider personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

---

Financial Breakdown for Augustana College

---

Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to Augustana College.

Total Cost of Augustana College

What will the cost of attending Augustana College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$47,766
Room and Board	$11,782
Board Only	$5,818
Other expenses	$1,848

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$61,546
Off-Campus	$54,534

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.

---

Augustana College Financial Aid

---

The majority of Augustana College undergrads use financial aid to help pay for school. In 2023, 1,571 of the 2,323 undergrads enrolled received financial aid. Augustana College meets 88% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $39,478 a year. Around 70% of Augustana College undergrads take out student loans to cover any remaining costs. Augustana College graduates who have student loans graduate with an average of $40,915 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$12,370
Augustana College-Specific Loans	$7,209
Private Loans	$41,967

Most Common Loans for Augustana College Students
Federal Loans	65%
Institutional Loans	5%
Private loans	20%

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 Augustana College financial aid, keep reading, or visit their financial aid website.

Scholarships at Augustana College

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, Augustana College awarded 1,544 need-based scholarships to students, giving away total of $47.9 million to help students with financial need cover the cost of school. An additional $25.51 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Augustana College

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 Augustana College 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 Augustana College was $39,478 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Augustana College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$22,068
Off-Campus	$15,056

What will attending Augustana College 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Augustana College's net cost calculator on their website.

Augustana College Tuition Payment Plans

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.

Augustana College Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Augustana College's Endowment

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.

Augustana College's endowment was valued at $198.9 million in 2023, compared to a national average of $905 million. The school spends $12,345 for each full-time student enrolled.

---

Learn More About Augustana College

---

To learn more about Augustana College, choose from the options below:

Overview

Student Life

Academics

Admissions

Connect with other students, parents, and admissions professionals to learn more about about Augustana College in the College Confidential forums