Financial Aid at Rasmussen University-Minnesota
Financial Aid Amount Received
$6,872 (56.33% of tuition)
Percent of Financial Aid Received
81% of 8,633 students
2,054 undergraduate students (74% of all students) have received grants, scholarships, and/or federal student loans at Rasmussen University-Minnesota. The percentage of students who received financial aid higher compared to Private (for-profit), 4-Years Colleges in Minnesota.
Compared to similar schools in rankings such as Dunwoody College of Technology and Rasmussen University-Bloomington, the percentage of students who received financial aid is much higher (the average of the schools is 61.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $6,641 and the average loan amount is $8,616. The average financial aid amount is 56.33% of tuition & fees (tuition & fees: $12,199).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 2,054 | 74% | $13,640,675 | $6,641 |
| Pell Grants | 1,418 | 51% | $7,358,614 | $5,189 |
| Federal Students Loans | 2,047 | 73% | $17,637,856 | $8,616 |
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), 66 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 $7,742 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,770.
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 | 75 | 96% | - | - |
| Grant or scholarship aid | 66 | 85% | $510,998 | $7,742 |
| Federal Grants | 53 | 68% | $338,982 | $6,396 |
| Pell Grants | 53 | 68% | $329,982 | $6,226 |
| Other Federal Grants | 16 | 21% | $9,000 | $563 |
| State/Local Grants | 52 | 67% | $141,218 | $2,716 |
| Institutional Grants | 20 | 26% | $30,798 | $1,540 |
| Student Loans | 62 | 79% | $605,768 | $9,770 |
| Federal Student Loans | 61 | 78% | $492,769 | $8,078 |
| Other Student Loans | 9 | 12% | $112,999 | $12,555 |