Grants are gifts of money from federal, state and institutional sources to assist in financing a college education.
Awarded to full-time students based on financial need. Need is determined from the Free Application for Federal Student Aid (FAFSA) in conjunction with the total cost of attending Augustana for a year.
Family Allowance Grant
Award amount is $3,000. Students from families that have two or more children enrolled full-time at Augustana are given a $3,000 allowance in their financial assistance package. A student receiving $3,000 or more in gift assistance from any other source (state, federal or Augustana aid programs) is not eligible for this award. The grant is not available for enrolled married couples or in the case of a parent and child enrolled at the same time. Students who have completed a degree program or have completed 12 terms of attendance are not eligible.
Illinois Monetary Award Program (MAP)
MAP Grants provide need-based assistance to Illinois residents who wish to attend an Illinois college or university. Eligibility is based on financial need and determined by the FAFSA. Funding is limited, therefore submission of the FAFSA soon after Jan. 1 preceding the academic year for which students are enrolling is highly recommended. Estimated maximum award for 2015-16 is $4,720.
Federal Pell Grant
Awarded based on the greatest financial need as determined by FAFSA. Awards range from $585 to $5,730 for 2014-15.
Federal Supplemental Educational Opportunity Grant (SEOG)
Grant designed as a complement to the Federal Pell Grant. Amounts vary.
Grant designed to encourage future teachers to work in designated low income schools. For more information, see www.teachgrant.ed.gov.