Augsburg University
Private College in Minneapolis, MN. Six-year graduation rate 52%. Median 10-year earnings $58,829.
The median ten-year earnings figure of $58,829 sits near the national middle rather than at either extreme. 52% finish within six years — respectable, though a meaningful share still leave without a credential. Debt at graduation runs to a median of $25,347, neither a bargain nor a burden.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
An acceptance rate of 82% puts Augsburg University on the accessible end — a realistic target for a broad range of applicants. The applicant pool runs to 4,118, typical for a school of this reach. Yield is low at 19%, so most admitted students do not end up enrolling.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Augsburg University →Academics
Completion is middling: 52% finish inside six years. 72% of full-time first-years come back for year two, so about one in four are gone before sophomore year. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. The 14:1 student-faculty ratio is small enough that seminar-sized classes are the norm. As a private nonprofit four-year college, the relevant comparison is other four-year schools rather than the national average across all institutions.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 2,406 degree- or certificate-seeking undergraduates
Average net price after grant aid is $24,561 a year — mid-range for a four-year institution. Aid is steeply need-based: families in the $0–30k band pay $21,318 while those at $110k+ pay $32,123. Grant aid is widespread — 98% of students receive it, averaging $34,303. Borrowing is widespread: 77% take federal loans.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 673 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $21,318 |
| $30–48k | $23,180 |
| $48–75k | $21,524 |
| $75–110k | $23,223 |
| $110k+ | $32,123 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,852 of these 2,406 students, totalling $12,494,202 — an average of $6,746 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Hennepin County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)