Number Received Financial Aid (All Undergraduate)
2,844
Percent Received Financial Aid(All Undergraduate)
74%
Average Aid Amount
$5,816
Number Received Financial Aid (Freshmen)
89
Percent Received Financial Aid (Freshmen)
94%
Financial Aid Information at Rasmussen University-Minnesota
For the academic year 2021-2022, a total of 2,844 students (74% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $5,816. For freshmen (Full-time, first-time degree-seeking undergraduate students), 89 students (94% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Rasmussen University-Minnesota is $10,899, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 2,844 students (74% of all students) have received grants or scholarships and the average received aid amount is $5,816. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Rasmussen University-Minnesota for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,844 | 74% | $5,816 |
| Pell Grants | 1,915 | 50% | $4,796 |
| Federal Student Loans | 2,869 | 74% | $8,784 |
Beginning Students Financial Aid
a total of 89 beginning students (94% of all freshmen) have received any financial aid and 89 students (94% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Rasmussen University-Minnesota.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 89 | 94% | - |
| Grants or Scholarship from All Sources | 73 | 77% | $6,286 |
| Federal Grants | 57 | 60% | $5,490 |
| Pell Grants | 57 | 60% | $5,332 |
| Other Federal Grants | 15 | 16% | $600 |
| State/Local Grants | 54 | 57% | $2,010 |
| Institutional Grants | 23 | 24% | $1,628 |
| Student Loans | 80 | 84% | $8,989 |
| Federal Student Loans | 80 | 84% | $8,028 |
| Other Student Loans | 8 | 8% | $9,607 |
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