Financial Aid

Other Types of Aid

Grants
Grants are another form of financial aid that do not need to be repaid. Rather than based on academic or other credentials, they are awarded based upon financial need as determined by your FAFSA. They  may be granted through the federal or state government or through Augsburg College itself.

Loans
Loans are a type of financial aid which must be repaid with interest. The federal student loan programs (FFELP and FDSLP) are a good option to help finance the cost of your college education.

To read more about various types of loans, visit our Enrollment Center at www.augsburg.edu/enroll

Student Employment
Federal, State, or Augsburg Employment:
On-campus employment can range from mowing grass or shoveling snow with the grounds crew, to working at the student computing desk in the library, to serving as an office assistant in an academic department. Working on-campus is a great way to build connections on campus while earning money for school.

On-campus employment opportunities are posted on the Human Resources website. The College encourages students to work no more than 15 hours per week.

Federal and state on-campus employment awards are need-based financial aid and will not be included in your earnings for purposes of financial aid requests in subsequent years. Augsburg on-campus employment is non-need based and will be reported as income on your financial aid application in subsequent years (as would any off-campus earnings).

While all earnings are subject to federal and state income taxes, no Social Security taxes need to be withheld. A W-2 form will be issued to you at the end of the calendar year.

Free Scholarship Search
Be sure to investigate external scholarship programs. One tool you can use is FastWeb.