07 / 09 / 2019

Augusta University

College Financing Plan

Estimated Family Contribution

Based on FAFSA
As calculated by the institution using information reported on the FAFSA or to your institution.
$14,484 / yr

Total Cost of Attendance 2019-2020

On Campus Residence Off Campus Residence
Tuition and fees $8,604
Housing and meals $14,620 $1,800
Books and supplies $2,000
Transportation $1,800
Other education costs $0
Estimated Cost of Attendance $27,024 / yr $14,204 / yr

Grants and Scholarships

Merit-Based Scholarships
Scholarships from your school $3,129
Scholarships from your state $0
Other scholarships:  ______________________ 2,907
Need-Based Grant Aid
Federal Pell Grants $4,517
Institutional Grants $0
State Grants $0
Other forms of grant aid:  ______________________ $0
Employer Paid Tuition Benefits $0
Total Grants and Scholarships ("Gift" Aid; no repayment needed) $10,553 / yr

College Costs You Will Be Required to Pay

Net Costs
(Cost of attendance minus total grants and scholarships)
$16,471 / yr

Work and Loan Options to Pay the Net Costs to You

Work options

Work-study (Federal, state, or institutional) $4,000 / yr
Hours Per Week 20 / wk
Other Campus Job $0 / yr

Loan Options*

Federal Direct Subsidized Loan (5.05% interest rate) $3,930 / yr
Federal Direct Unsubsidized Loan (6.60% interest rate) $3,877 / yr
Parent Plus Federal Loan (7.60% interest rate) $11,053 / yr
Private Loan (0% interest rate) $0 / yr
Institutional Loan (0% interest rate) $0 / yr
Other Aid That Must Be Repaid $0 / yr

* You must repay loans, plus interest and fees. Note that the amounts listed above are the maximum available to you – you are allowed and encouraged to borrow less than the maximum amount.

Other Potential Education Benefits

  • American Opportunity Tax Credit *
  • Military and/or National Service benefits

*Parents or students may qualify to receive up to $2,500 by claiming the American Opportunity Tax Credit on their tax return during the following calendar year.


  • Cost of Attendance (COA): The total amount (not including grants and scholarships) that it will cost you to go to school during the 2019–20 school year. COA includes tuition and fees; housing and meals; and allowances for books, supplies, transportation, loan fees, and dependent care. It also includes miscellaneous and personal expenses, such as an allowance for the rental or purchase of a personal computer; costs related to a disability; and reasonable costs for eligible study-abroad programs. For students attending less than half-time, the COA includes tuition and fees; an allowance for books, supplies, and transportation; and dependent care expenses.
  • Total Grants and Scholarships: Student aid funds that do not have to be repaid. Grants are often need-based, while scholarships are usually merit-based. Occasionally you might have to pay back part or all of a grant if, for example, you withdraw from school before finishing a semester.
  • Net Costs: An estimate of the actual costs that you or your family will need to pay during the 2019–20 school year to cover education expenses at a particular school. Net costs are determined by taking the institution's cost of attendance and subtracting your grants and scholarships.
  • Work-Study: A federal student aid program that provides part-time employment while you are enrolled in school to help pay your education expenses.
  • Loans: Borrowed money that must be repaid with interest. Loans from the federal government typically have a lower interest rate than loans from private lenders. Federal loans, listed from most advantageous to least advantageous, are called Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans. You can find more information about federal loans at StudentAid.gov.
  • Family Contribution (also referred to as Expected Family Contribution): A number used by a school to calculate how much financial aid you are eligible to receive, if any. It’s based on the financial information you provided in your Free Application for Federal Student Aid (FAFSA). It’s not the amount of money your family will have to pay for college, nor is it the amount of federal student aid you will receive. The family contribution is reported to you on your Student Aid Report, also known as the SAR.
  • Graduation Rate: The graduation rate after 150% of normal program completion time has elapsed. For schools that award predominately bachelor’s (four-year) degrees, this is after six years, and for students seeking an associate’s (two-year) degree, this is after three years. For students seeking a certificate, the length of time depends on the certificate sought, for example, for a one-year certificate, after 18 months. These rates are only for full-time students enrolled for the first time.
  • Median Borrowing: The median federal debt of undergraduate borrowers who completed. This figure includes only federal loans; it excludes private student loans and parent PLUS loans.