Augustana College
Rock Island, IL 61201-2296 — Private Nonprofit
Value Score: 75/100 | ROI Score: -69 | Affordability Score: 35/100
Tuition (In-State): $51,598 | Out-of-State: $51,598
Acceptance Rate: 62.7% | Graduation Rate: 76.3% | Retention Rate: 82.1%
Median Earnings (10yr): $62,971 | Median Debt: $27,000
SAT Average: 1165
Student Body Size: 2,490 (medium)
Pell Grant Recipients: 24.0% | Federal Loan Rate: 55.3%
Average Faculty Salary: $8,300/month
Tuition & Affordability Analysis
In-state tuition at Augustana College is $51,598 per year, which is 31% above the national average for private institutions.
Out-of-state students pay $51,598/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $206,392 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Augustana College:
- Families earning $0–$30,000: $15,787/year
- Families earning $30,001–$48,000: $16,525/year
- Families earning $48,001–$75,000: $16,865/year
- Families earning $75,001–$110,000: $22,405/year
- Families earning $110,000+: $28,086/year
Low-income families receive an average discount of $35,811/year, paying just 31% of the sticker price.
Admissions Snapshot
Augustana College has an acceptance rate of 62.7%, placing it in the Moderately Selective (50–70%) category. This means roughly 993 students apply each year.
The average SAT score of admitted students is 1165, 10% above the national average. This is within the mid-range nationally.
Graduate Outcomes & Return on Investment
76.3% of students at Augustana College complete their degree, 23% above the national average. This is a solid graduation rate.
First-year retention rate: 82.1% (near the national average). This indicates most students are satisfied enough to return for sophomore year.
Graduates of Augustana College earn a median salary of $62,971 ten years after enrollment, 54% above the national average. This represents a $27,971/year earnings premium over the average high school diploma holder, or $839,130 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $27,000, 26% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $293/month, with a total repayment of $35,160 (including $8,160 in interest).
Debt-to-Earnings Ratio: 0.43x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Augustana College pays for itself in approximately 8 years. This is a reasonable investment timeline.
Financial Aid Profile
24.0% of students at Augustana College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 27% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
55.3% of students take federal loans, 18% above the national average. This is a moderate borrowing rate.
Average faculty salary: $8,300/month, 5% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Augustana College enrolls 2,490 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 69/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 54%, Hispanic 13%, Black 5%, Asian 3%.
Augustana College: Strong Graduation Rates and Good Earnings Potential
- Augustana College: Investing in Your Future, Beyond the Price Tag
- From Augustana's Campus to Career: Unpacking Graduate Success Stories
- The Augustana Experience: A Liberal Arts Foundation for a Changing World
Report Card: Overall Grade D+
Augustana College receives an overall grade of D+ based on six dimensions:
- Academics: C+
- Value: F
- Outcomes: B
- Affordability: C-
College Analysis
Augustana College is a Private Nonprofit institution in Rock Island, IL with approximately 2,490 students. Augustana College has a strong graduation rate of 76.26%. The median earnings 10 years after graduation are $62,971, indicating a good return on investment. The college has a diverse student body, with a significant proportion of Hispanic students. Augustana College has a medium-sized student body, fostering a close-knit community.
The Verdict: Is Augustana College Worth It?
Augustana College presents a complex value proposition. With an in-state and out-of-state tuition of $51,598, it is a significant investment. The median earnings of $62,971 after 10 years, while respectable, result in a relatively modest return on investment, reflected in the ROI score of -69. This suggests that, on average, graduates take a considerable amount of time to recoup their educational expenses. The median debt of $27,000 is moderate, but when combined with the high tuition, it contributes to a longer debt payoff timeline. To illustrate, if a graduate earns $62,971 annually and allocates a portion of their income towards debt repayment and living expenses, paying off $27,000 plus interest could take several years. The gap between tuition cost and median earnings is substantial, indicating that the perceived value might not align with immediate financial returns for all graduates. However, the value of a liberal arts education from Augustana extends beyond immediate financial metrics. Its strengths lie in fostering critical thinking, communication, and adaptability, skills highly valued in a dynamic job market and crucial for long-term career success and personal growth. For students who leverage the college's strong career services, internship opportunities, and pursue high-demand majors, the financial outcome can be significantly better. **Verdict:** Augustana College is **overpriced** based purely on the provided financial metrics (tuition vs. median earnings and ROI). However, it could be a **hidden gem** for students who are strategic about their major choice, actively engage with career services, and are willing to build their careers in regions with a lower cost of living where their earning potential can outpace expenses more effectively. A clear recommendation is to thoroughly research specific program outcomes and actively utilize all available career development resources.
Return on Investment
While the tuition is high, the strong graduation rates and good earnings potential suggest that the degree is worth the cost for many students.
Debt Reality Check
Median student debt at Augustana College: $27,000. Monthly payment on a standard 10-year plan: $307/month. Total repaid: $36,840 ($9,840 in interest).
Breakeven vs high school diploma: 0.8 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,840.
Strengths
- Strong academic programs and high graduation rates.
- Good earnings potential for graduates.
- Diverse student body.
Weaknesses
- High tuition costs.
- Moderate debt upon graduation.
- Limited specialized technical programs.
Academic Profile
SAT Average: 1165. Retention Rate: 82.1%.
Augustana College prides itself on a robust liberal arts education, with a strong emphasis on undergraduate research and faculty mentorship. The college boasts several highly regarded departments, including its renowned Augustana Center for the Arts, the Environmental Studies program, and its pre-professional advising for fields like medicine and law. With a student-faculty ratio that is typically low (though not explicitly provided, it's a hallmark of liberal arts institutions like Augustana), students benefit from personalized attention and close working relationships with faculty. Many professors are actively engaged in research and often involve undergraduates in their projects, offering invaluable hands-on experience. The Honors Program provides a challenging academic path for high-achieving students, with smaller class sizes and opportunities for independent study. Augustana also has a strong commitment to global learning, with numerous study abroad programs that allow students to immerse themselves in different cultures and academic environments. Academic support is readily available through resources like the Tutoring Center and the Academic Success Center, ensuring students have the resources they need to thrive academically.
Financial Aid Guide for Augustana College
Pell Grant recipients: 24.0%. Students taking federal loans: 55.3%.
Augustana College is committed to making its private liberal arts education accessible through a combination of merit-based and need-based financial aid. For the incoming class, the average financial aid package often includes a significant portion of institutional aid, with many students receiving grants and scholarships that can substantially reduce the sticker price of $51,598. Merit scholarships are awarded based on academic achievement, and while specific dollar amounts vary, they can range from a few thousand dollars to a significant percentage of tuition. Need-based aid is determined by the FAFSA and CSS Profile, and Augustana strives to meet a substantial portion of demonstrated financial need for its students. Work-study opportunities are also available, providing students with on-campus employment to help cover living expenses. For families with an annual income below $75,000, Augustana has historically aimed to provide aid that covers at least tuition, fees, room, and board, though this is not a guaranteed commitment and depends on individual circumstances. Negotiating financial aid at Augustana is possible, particularly if you have a competing offer from a similarly ranked institution, but it's essential to present a strong case with supporting documentation. It's crucial for prospective students to complete their financial aid applications early to maximize their chances of receiving the best possible aid package.
Hidden Costs at Augustana College
- Room and board costs can add an estimated $13,000 - $15,000 annually, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can easily cost $1,000 - $1,500 per academic year.
- Student activity fees, technology fees, and other miscellaneous campus fees can total around $500 - $800 per year.
- Transportation costs, especially for students traveling home or exploring the Quad Cities, can range from a few hundred to several thousand dollars annually.
- Personal expenses, including toiletries, entertainment, and snacks, can add another $1,000 - $2,000 per year.
- Health insurance, if not covered by a parent's plan, can cost upwards of $2,000 - $3,000 annually.
Alumni Outcomes & Career Paths
Augustana College graduates enter a diverse job market, with alumni finding opportunities across various sectors. While specific major employer recruitment data for Augustana is not publicly detailed, graduates often leverage the college's strong liberal arts foundation to pursue careers in fields like education, healthcare, business, and technology. Industries where alumni tend to cluster include education, with many graduates becoming teachers and administrators in K-12 schools and higher education institutions. The healthcare sector is another significant area, with alumni working as nurses, therapists, and in administrative roles at hospitals and clinics in the Quad Cities region and beyond. Business and finance roles are also common, with alumni employed in banking, marketing, and management. Technology roles, though perhaps less concentrated than traditional fields, are growing, with graduates finding positions in software development, IT support, and data analysis.
Graduate school placement rates are generally strong, reflecting Augustana's academic rigor. Many alumni pursue advanced degrees in fields such as law, medicine, psychology, and business. While specific placement rates for each program are not readily available, the college's emphasis on critical thinking and research prepares students well for further academic pursuits. Notable alumni include figures like former NFL player and coach Mike Shanahan, and Pulitzer Prize-winning journalist Stephenie Meyer.
Augustana's career services are designed to support students through their academic journey and into their professional lives. They offer personalized career counseling, resume workshops, interview preparation, and networking events. The college actively cultivates internship pipelines, with students gaining practical experience at local organizations such as Genesis Health System, Deere & Company (headquartered nearby in Moline), and various school districts. Geographic hiring patterns show a strong presence of Augustana alumni within the Quad Cities metropolitan area (Rock Island, Moline, Davenport, Bettendorf), but also extend to major Midwestern cities like Chicago, Minneapolis, and Des Moines, as well as national placements in sectors like finance and technology.
Campus Life & Culture at Augustana College
Augustana College attracts a diverse student body, with a significant percentage coming from out-of-state, contributing to a broader geographic mix. The student body is characterized by a collaborative spirit and a desire for a well-rounded liberal arts education. Students who thrive at Augustana are typically engaged, curious, and eager to participate in campus life, both academically and socially.
Augustana College, nestled in Rock Island, Illinois, cultivates a vibrant and engaged campus community that feels both close-knit and dynamic. The 'Viking spirit' is palpable, fostering a sense of belonging and shared experience. Most students live on campus for at least their first two years, with a variety of housing options ranging from traditional residence halls like Erickson and Westerlin to apartment-style living in the Bergendoff Commons. The campus itself is a beautiful, walkable space, with iconic landmarks like the Centennial Hall and the Denkmann Memorial Library serving as central hubs. Social life often revolves around campus events, student organizations, and informal gatherings. With over 100 student clubs and organizations, from academic and cultural groups to service-oriented and recreational clubs, there's a niche for everyone. Greek life is present but not dominant, with a few fraternities and sororities contributing to the social fabric. Athletics are a significant part of the Augustana experience, with strong NCAA Division III programs in various sports, drawing enthusiastic crowds to games. The Quad Cities region offers additional off-campus opportunities for entertainment, dining, and internships, providing a well-rounded college town feel. Expect a friendly, collaborative atmosphere where students are encouraged to get involved and make the most of their four years.
Campus Highlights
- The historic Centennial Hall, a stunning architectural gem and a central gathering place.
- The Augustana Arboretum, a beautifully landscaped campus with diverse tree species, offering a serene environment.
- The unique "Quad Cities" location, bridging Illinois and Iowa with a vibrant regional culture and economy.
- A strong emphasis on undergraduate research, providing students with hands-on scientific and scholarly experience.
- The Augustana Symphony Orchestra and Choir, renowned for their high-caliber performances.
- The "Viking Village" student housing complex, offering a more independent living experience for upperclassmen.
- A commitment to service learning and community engagement, deeply embedded in the college's ethos.
Location & Regional Advantages
Augustana College's location in Rock Island, Illinois, offers a unique blend of Midwestern charm and strategic access to economic opportunities. The Quad Cities metropolitan area, comprising Rock Island, Moline, Davenport, and Bettendorf, provides a solid local job market with a diverse economic base. Key industries in the region include advanced manufacturing, with major employers like Deere & Company and Alcoa having significant operations nearby. The healthcare sector is also robust, with Genesis Health System and UnityPoint Health serving as major employers. Additionally, the region supports a growing presence in logistics, distribution, and technology.
The cost of living in the Quad Cities is notably lower than the national average, making the overall financial burden of attending Augustana more manageable for students and their families, especially when considering living expenses post-graduation. This affordability extends to housing, transportation, and daily necessities.
While not a direct hub for cutting-edge tech or finance like a major coastal city, the Quad Cities offers proximity to larger industry hubs. Chicago, a major economic powerhouse, is approximately a three-hour drive away, providing access to a vast array of internships and job opportunities in sectors ranging from finance and technology to arts and culture. This proximity allows Augustana students to tap into a broader job market without the exorbitant cost of living associated with a large metropolis.
Quality of life in the Quad Cities is characterized by a friendly, community-oriented atmosphere, with ample recreational opportunities along the Mississippi River, including parks, trails, and cultural attractions. Safety is generally good, with crime rates comparable to or below national averages for similar-sized metropolitan areas. The weather is typical of the Midwest, with distinct seasons including warm summers and cold, snowy winters.
Augustana's location provides a balanced environment: a supportive local community and job market, coupled with accessible connections to larger economic centers, offering graduates a solid foundation for career development and a reasonable cost of living.
How to Get Into Augustana College
Augustana College's admission rate of 62.7% suggests a moderately selective admissions process. While Augustana doesn't publish specific GPA or test score ranges, successful applicants typically demonstrate strong academic performance in a rigorous high school curriculum. Focus on presenting a GPA that reflects consistent effort and achievement, ideally in the B+ to A- range. Given the absence of published SAT/ACT midpoints, it's wise to submit scores if they are strong and align with your academic profile, but the absence of scores won't necessarily penalize you. The admissions committee looks for well-rounded individuals who will contribute to the Augustana community. Your application essay is a critical opportunity to showcase your personality, passions, and intellectual curiosity. Consider essays that highlight your leadership experiences, your engagement in extracurricular activities, or how you've overcome challenges. Demonstrated interest is important; engage with Augustana by attending virtual or in-person information sessions, visiting campus if possible, and connecting with admissions counselors. Applying Early Action (EA) can be advantageous, allowing you to receive an earlier decision and demonstrate your strong interest without the binding commitment of Early Decision. The typical application timeline involves submitting your application by the EA deadline (often November 1st) or the Regular Decision deadline (typically February 1st), with financial aid applications due around the same time.
How Augustana College Compares to Similar Schools
Similar schools: Knox College, Coe College, Loras College, St. Ambrose University
Advantages
- Stronger alumni network presence in the immediate Quad Cities region due to its established history and location.
- Potentially more diverse range of internship opportunities within the Quad Cities due to its size and location relative to larger regional employers.
- Higher median earnings compared to some smaller, similarly-tiered liberal arts colleges in the Midwest.
Disadvantages
- Higher tuition cost compared to some regional peers, potentially leading to a less favorable immediate ROI.
- Lower graduation rate (76.3%) compared to some highly selective liberal arts colleges, suggesting potential retention challenges for some student cohorts.
- Less national brand recognition compared to more established or larger liberal arts institutions.
Best For
- Prospective students interested in highly specialized technical fields may find more focused programs at other institutions.
- Students seeking a larger campus with more extracurricular activities might prefer larger universities.
- Those with a preference for online learning or a more urban environment may not find Augustana College the best fit.
Avoid If
- Students looking for a high-tuition, high-debt experience should avoid Augustana College.
- Those seeking a larger campus with more diverse extracurricular options might want to consider other institutions.
Frequently Asked Questions about Augustana College
How much does it cost to attend Augustana College?
In-state tuition at Augustana College is $51,598 per year, and out-of-state tuition is $51,598 per year. The median student debt at graduation is $27,000.
What is the acceptance rate at Augustana College?
Augustana College has an acceptance rate of 62.7%.
What is the graduation rate at Augustana College?
Augustana College has a graduation rate of 76.3%.
How much do Augustana College graduates earn?
The median earnings for Augustana College graduates 10 years after enrollment is $62,971. With median debt of $27,000, graduates earn roughly 2.3x their debt level annually.
How big is Augustana College?
Augustana College has approximately 2,490 students and is classified as a medium institution. It is located in Rock Island, IL and is a Private Nonprofit institution.
Is Augustana College worth the cost?
Augustana College has an ROI score of -69 out of 100. With in-state tuition of $51,598 per year and median post-graduation earnings of $62,971, the data suggests the return on investment may be below average.
Where is Augustana College located?
Augustana College is located in Rock Island, IL. It is a Private Nonprofit institution with approximately 2,490 students.
How much student debt do Augustana College graduates have?
The median student debt for Augustana College graduates is $27,000. With median earnings of $62,971 ten years after enrollment, graduates can expect a debt-to-income ratio of 43%.
Is Augustana College a good college?
Augustana College has a graduation rate of 76.3% and median post-graduation earnings of $62,971. High admission rate of 62.68%.
How does Augustana College compare to similar colleges?
Low tuition for in-state students at $51,598. Compared to peer institutions, Augustana College offers a strong return on investment with good earnings potential and a diverse student body, though tuition is high.
What career prospects do Augustana College graduates have?
Graduates from Augustana College are well-prepared for careers in various fields, particularly in business and education.
What should prospective students know about Augustana College?
Augustana College is well-positioned in the midwestern market, offering a blend of private education and public university affordability.
What makes Augustana College stand out?
Median debt of $27,000 upon graduation.
What are the pros and cons of attending Augustana College?
Graduates earn a median salary of $62,971 after 10 years.
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.