In addition to paid summer research positions, the Physics Department has several internally awarded endowed and federally funded scholarships available to students in the program:
- Floyd V. and Ruth M. Case Scholarship. Awarded annually to a student of any class or major, based upon academic achievement and financial need. Preference will be given to students who are majoring in physics or mathematics. Established in 1997 by Mr. Floyd V. and Mrs. Ruth M. Case, Minneapolis, MN.
- Professor Kenneth N. Erickson Physics Scholarship. The Professor Kenneth N. Erickson Physics Scholarship is awarded to one or more physics students with demonstrated financial need and academic achievement.
- Theodore J. Hanwick Scholarship. Awarded annually to an upperclass student majoring in physics. Established in 1976 by the Augsburg University Department of Physics and friends to honor Dr. Hanwick on his 20th anniversary as a member of the Augsburg faculty and founder of the department.
- Ruth Ilene Lindquist Scholarship. The Ruth Ilene Lindquist Physics Scholarship was established in 2011 with a gift from O. Herbert Lindquist in honor of his wife. The purpose of the Ruth Ilene Lindquist Physics Scholarship is to provide financial assistance to one or more female students who attend Augsburg University, demonstrate financial need, have declared physics as a major and are a returning student of any class.
- Clarence and Otillia Richter Scholarship. The Clarence and Otillia Richter Memorial Scholarship was established in February 2003. The Clarence and Otillia Richter Memorial Scholarship is to provide financial assistance to an upper class physics major with preference given to a student who also participates in the music and/or campus ministry programs of the University. The scholarship will be awarded to a student who demonstrates academic achievement and financial need.
- Leif Sverdrup Physics Scholarship. Awarded annually to students of any class majoring or minoring in physics, based upon high academic achievement and financial need. Established in 1992 by Helen (Molly) Sverdrup and Johan N. Sverdrup, St. Louis, Mo.
- NASA Spacegrant Scholarships. This scholarship supports the advancement of academically focused undergraduates seeking professional careers in the natural sciences, especially space physics & engineering, mathematics, and science/mathematics education. Six scholarships of up $2,000 each are awarded anually.
- AugSTEM Scholarships. The AugSTEM Scholars Program encourages academically talented juniors and seniors with financial need to enter programs of graduate study or employment in science, technology, or mathematics. The program awards scholarships up to $7,000 each.