by our College Data Analytics TeamA lot of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Rasmussen University-Florida can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Rasmussen University - Florida offer, and what will you qualify for? Read on for more information. Scroll down to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Rasmussen University-Florida.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Rasmussen University-Florida, 98% of first-year full-time students received aid of some kind approximately 65 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $7,171 |
| Institutional grants & scholarships | 52% | $1,921 |
| Federal Pell grants | 74% | $6,630 |
| State/local grants | 0% | — |
| Federal student loans | 83% | $8,304 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 75% of undergraduate students received gift aid averaging $6,133 (for some 2386 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $6,133 |
| Federal Pell grants | 54% | $5,512 |
| Federal student loans | 79% | $9,394 |
Title-IV recipients living on campus saw average grant aid of $6,437.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,288 |
| $30,001 – $75,000 | $19,135 |
| Over $75,000 | $20,809 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,909 |
| Off-campus title-IV students | $19,113 |
For an estimate tailored to your family circumstances, see Rasmussen University - Florida’s net price tool: npc.collegeboard.org/app/rasmussen.
The median federal debt load at Rasmussen University - Florida comes to $13,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,000 |
| Median federal debt (graduates only) | $20,899 |
| Typical 10-year monthly payment (graduates) | $221.56/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Rasmussen University - Florida.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,900 |
| 25th percentile | $3,668 |
| 75th percentile | $19,987 |
| 90th percentile (highest-debt students) | $29,799 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $14,203 |
| High income | $13,586 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,834 |
| Continuing-generation students | $13,845 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,834 |
| Independent students | $14,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Rasmussen University - Florida.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Rasmussen University - Florida:
| Metric | Value |
|---|---|
| Stafford loan recipients | 129139 |
| Total Stafford loan amount | $2,178,891,070 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 118 |
| Total GI Bill amount | $1,962,934 |
| Average GI Bill amount per recipient | $16,635 |
References
More about our data sources and methodologies.