Number Received Financial Aid (All Undergraduate)
2,054
Percent Received Financial Aid(All Undergraduate)
74%
Average Aid Amount
$6,641
Number Received Financial Aid (Freshmen)
75
Percent Received Financial Aid (Freshmen)
96%
Financial Aid Information at Rasmussen University-Minnesota
For the academic year 2023-2024, a total of 2,054 students (74% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,641. For freshmen (Full-time, first-time degree-seeking undergraduate students), 75 students (96% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Rasmussen University-Minnesota is $12,199, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 2,054 students (74% of all students) have received grants or scholarships and the average received aid amount is $6,641. 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 | 2,054 | 74% | $6,641 |
| Pell Grants | 1,418 | 51% | $5,189 |
| Federal Student Loans | 2,047 | 73% | $8,616 |
Beginning Students Financial Aid
a total of 75 beginning students (96% of all freshmen) have received any financial aid and 75 students (96% 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 | 75 | 96% | - |
| Grants or Scholarship from All Sources | 66 | 85% | $7,742 |
| Federal Grants | 53 | 68% | $6,396 |
| Pell Grants | 53 | 68% | $6,226 |
| Other Federal Grants | 16 | 21% | $563 |
| State/Local Grants | 52 | 67% | $2,716 |
| Institutional Grants | 20 | 26% | $1,540 |
| Student Loans | 62 | 79% | $9,770 |
| Federal Student Loans | 61 | 78% | $8,078 |
| Other Student Loans | 9 | 12% | $12,555 |
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