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How many students are received any financial aid at Rasmussen University Minnesota?

For the academic year 2022-2023, total 89 full-time, first-time students (94% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 2,844 students (74% of all students) received grants or scholarships and the average grant amount is $5,816. In addition, 2,869 students received student loans and the average loan amount is $8,784.

Below tables show the number and amount by source of financial aid at Rasmussen University-Minnesota.
All Undergraduate Student Financial Aid at Rasmussen University-Minnesota
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,84474%$5,816
Pell Grants1,91550%$4,796
Federal Student Loans2,86974%$8,784
Beginning Students (Freshmen) Financial Aid at Rasmussen University-Minnesota
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid8994%-
Grants or Scholarship from All Sources7377%$6,286
Federal Grants5760%$5,490
Pell Grants5760%$5,332
Other Federal Grants1516%$600
State/Local Grants5457%$2,010
Institutional Grants2324%$1,628
Student Loans8084%$8,989
Federal Student Loans8084%$8,028
Other Student Loans88%$9,607

What is the Financial aid?

Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.

Know more about Rasmussen University-Minnesota

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