Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $5,816 and the average loan amount is $8,784. The average financial aid amount is 53.36% of tuition & fees (tuition & fees: $10,899).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid2,844 74%$16,541,139$5,816
Pell Grants1,915 50%$9,184,553$4,796
Federal Students Loans2,869 74%$25,200,548$8,784

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), 73 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 $6,286 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,989.
The following table shows the financial data by type of aid at Rasmussen University-Minnesota.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid8994%--
Grant or scholarship aid73 77%$458,907$6,286
Federal Grants57 60%$312,933$5,490
Pell Grants57 60%$303,933$5,332
Other Federal Grants15 16%$9,000$600
State/Local Grants54 57%$108,537$2,010
Institutional Grants23 24%$37,437$1,628
Student Loans80 84%$719,124$8,989
Federal Student Loans80 84%$642,266$8,028
Other Student Loans8 8%$76,858$9,607