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Private 4 Year

Augustana Tuition & Cost

Rock Island, Illinois

 1 Reviews

How much does it cost to attend?

Sticker Price
$56,700
Costs for Augustana College
Fee Cost
Tuition$42,312
Books and Supplies$1,000
Other Fees$1,298
Room and Board $10,890
Other Expenses Budget$1,200

Annual Prices

The annual list price to attend Augustana College on a full time basis for 2018/2019 is $56,700 for all students regardless of their residency. This fee is comprised of $42,312 for tuition, $10,890 room and board, $1,000 for books and supplies and $1,298 for other fees. Out of state tuition for Augustana College is $42,312, the same as Illinois residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Augustana College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$24,706
Net Price by Income Augustana College
Family Income Net Price Paid
$0 to $30,000$20,355
$30,001 to $48,000$16,249
$48,001 to $75,000$21,453
$75,001 to $110,000$23,730
$110,000+$28,047

The average reported annual net price for Augustana College for students receiving grants or scholarship aid was $24,706 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

100% of full-time undergrad Augustana College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $29,396 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 63% of students received Federal Student Loans averaging $5,311 and 12% of undergrads took out private student loans averaging $13,681.

Finanical Aid Augustana College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $29,396 100%
Institutional Grants and Scholarships $27,157 100%
Pell Grants $4,098 24%
Other Federal Grants $441 24%
State and Local Grants $4,595 25%
Federal Student Loans $5,311 63%
Other Student Loans $13,681 12%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Augustana College, we've modeled a ten year student loan with an original principal value of $87,360. The loan balance of $87,360 is a four year multiple of the $21,840 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $834 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $87,360
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $833.51
Total Interest Paid $12,661.29
Sum of All Loan Payments $100,021.29

Projected 4 Year Degree Price

4 Year Sticker Price
$226,800
Year All Residents
1 $56,700
2 $58,246
3 $59,834
4 $61,465

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Augustana College to be $226,800 - assuming graduation in normal time. The estimation assumes a 2.7% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Augustana College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,818 $5,454 $7,272

Estimated cost for a class at Augustana College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Augustana College versus other colleges.

Tuition Payment Plans Available

Augustana College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=143084 IPEDS survey data for Augustana College.