Augustana University
Private College in Sioux Falls, SD. Six-year graduation rate 73%. Median 10-year earnings $59,217.
Students who entered Augustana University land at a median of $59,217 a decade later, close to what most four-year schools deliver. Completion is a strength: 73% of students finish within six years. Median debt at graduation is $25,000, roughly typical for an undergraduate degree.
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
- ! Mobility score 0.4 — limited economic uplift documented
Admissions
68% of applicants get in, so the odds favor most reasonably prepared students. 3,017 applications came in, enough to make the rates below reasonably stable year to year. Yield sits at 26% — the remainder of admitted students enroll elsewhere or not at all. The score bands below rest on the 4% of enrolled first-years who submitted an SAT score — a self-selected group, and not a cutoff.
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 | 570–680 | 24 (4%) |
| SAT Math | 580–690 | |
| ACT Composite | 21–27 | 273 (51%) |
IPEDS Admissions · 2024
Apply at Augustana University →Academics
Six-year completion runs to 73% — students who start here overwhelmingly finish here. 86% of full-time first-years return for a second year — a healthy figure. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. Transfer-out runs to 13% — common enough at this school that the completion rate is measuring a smaller group than the entering class. The 12:1 student-faculty ratio is small enough that seminar-sized classes are the norm.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,818 degree- or certificate-seeking undergraduates
Net price lands at $24,977 a year on average, neither cheap nor punishing. Aid is steeply need-based: families in the $0–30k band pay $18,746 while those at $110k+ pay $27,327. 99% of students get grant aid averaging $28,909, so the published price is a poor guide to what most pay. Federal borrowing reaches 53% of students.
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 · 454 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 | $18,746 |
| $30–48k | $18,895 |
| $48–75k | $17,937 |
| $75–110k | $24,787 |
| $110k+ | $27,327 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 967 of these 1,818 students, totalling $6,233,357 — an average of $6,446 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Minnehaha 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)