Financial Aid at Rasmussen University-Minnesota
Financial Aid Amount Received
$5,382 (48.03% of tuition)
Percent of Financial Aid Received
88% of 3,658 students
3,405 undergraduate students (88% of all students) have received grants, scholarships, and/or federal student loans at Rasmussen University-Minnesota. The percentage of students who received financial aid much higher compared to Private (for-profit), 4-Years Colleges in Minnesota.
Compare to similar schools in rankings such as National American University-Roseville and Dunwoody College of Technology, the percentage of students who received financial aid is average (the average of the schools is 86.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $5,382 and the average loan amount is $8,632. The average financial aid amount is 48.03% of tuition & fees (tuition & fees: $11,205).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 3,405 | 88% | $18,324,864 | $5,382 |
| Pell Grants | 2,040 | 53% | $9,921,693 | $4,864 |
| Federal Students Loans | 3,113 | 81% | $26,870,194 | $8,632 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 99 students have received one or more types of financial aid at Rasmussen University-Minnesota.
The average amount of federal, state, local or institutional grant aid is $6,267 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,109.
The following table shows the financial data by type of aid at Rasmussen University-Minnesota.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 107 | 96% | - | - |
| Grant or scholarship aid | 99 | 88% | $620,443 | $6,267 |
| Federal Grants | 88 | 79% | $437,086 | $4,967 |
| Pell Grants | 69 | 62% | $374,884 | $5,433 |
| Other Federal Grants | 71 | 63% | $62,202 | $876 |
| State/Local Grants | 67 | 60% | $123,985 | $1,851 |
| Institutional Grants | 34 | 30% | $59,372 | $1,746 |
| Student Loans | 97 | 87% | $883,539 | $9,109 |
| Federal Student Loans | 97 | 87% | $782,985 | $8,072 |
| Other Student Loans | 7 | 6% | $100,554 | $14,365 |