In December 2018 Augustana announced its intentions to transition to NCAA Division I by 2030 at the latest. However, they had hoped to receive a bid to join a conference by 2020, according to Sioux Falls newspaper The Argus Leader. Multiple regional media reports in 2018 indicated that Augustana's likeliest Division I destination was the Sioux Falls-based Summit League. Many of the school's boosters are tied to Sanford Health, a hospital company also based in Sioux Falls that has long been a major sponsor of the Summit League. The conference moved its headquarters in 2018 to an office complex owned by Sanford.[3][4]
On May 22, 2020, the Summit League commissioner, Tom Douple, informed Augustana president Stephanie Herseth Sandlin that the conference would not be adding more new teams "at this time."[5]
On September 26, 2007, it was officially announced that Bob and Kari Hall were making a $7.1 million donation for an on-campus football stadium. The stadium is to bear the name Kirkeby-Over Stadium in honor of Kari Hall's parents. Construction began on November 12, 2007[6] with the official groundbreaking taking place on November 16, 2007. Augustana University recently completed the Hall Football Complex; complete with its own locker rooms, weight room, and football meeting rooms. The head football coach is Jerry Olszewski.
In 1976–77, 2004–05, and 2009–10, the Augustana wrestling team finished second in the NCAA Division II Championship. The Elmen Center serves as the home for both the volleyball team and the wrestling team.
The 2018 Augustana baseball team won the NCAA Division II College World Series, defeating Columbus State 3–2 in the final. They finished the year 52–9, a school record.[19]
On October 5, 2021 Augustana University announced that it will add men's ice hockey starting in the fall of 2023. The team will compete at the NCAA Division I level in the CCHA. The announcement was made at the groundbreaking ceremony for Midco Arena which will serve as the team's home.[20]