Financial Aid at Rasmussen University-Minnesota
Financial Aid Amount Received
$5,816 (49.50% of tuition)
Percent of Financial Aid Received
74% of 2,649 students
2,844 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 average compared to Private (for-profit), 4-Years Colleges in Minnesota.
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 49.50% of tuition & fees (tuition & fees: $11,750).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 2,844 | 74% | $16,541,139 | $5,816 |
| Pell Grants | 1,915 | 50% | $9,184,553 | $4,796 |
| Federal Students Loans | 2,869 | 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 Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 89 | 94% | - | - |
| Grant or scholarship aid | 73 | 77% | $458,907 | $6,286 |
| Federal Grants | 57 | 60% | $312,933 | $5,490 |
| Pell Grants | 57 | 60% | $303,933 | $5,332 |
| Other Federal Grants | 15 | 16% | $9,000 | $600 |
| State/Local Grants | 54 | 57% | $108,537 | $2,010 |
| Institutional Grants | 23 | 24% | $37,437 | $1,628 |
| Student Loans | 80 | 84% | $719,124 | $8,989 |
| Federal Student Loans | 80 | 84% | $642,266 | $8,028 |
| Other Student Loans | 8 | 8% | $76,858 | $9,607 |