by our College Data Analytics TeamHere’s the full picture on paying for Rasmussen University-Minnesota, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.
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Published attendance costs at Rasmussen University-Minnesota stands at about $24,056.00 for a single academic year.
The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.
| Tuition and fees | $11,490.00 |
| + Room, board & other expenses | $12,566.00 |
| Total cost | $24,056.00 |
| That is 27% below the national average net price. |
| Total cost | $24,056.00 |
| − Grants and scholarships | −$7,259.00 |
| Net price | $16,797.00 |
| That is 49% below the national average net price. |
| Total cost | $24,056.00 |
| − Grants and scholarships | −$8,117.00 |
| Net price | $15,939.00 |
| That is 51% below the national average net price. | |
| Go deeper on the components with the tuition & fees page and living costs. |
The tables below project a full degree at the current published cost. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. The repayment figures use a ten-year loan at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 0% | 0% | 0% |
| Freshman year | $15,939.00 | $16,797.00 | $24,056.00 |
| Senior year | $15,939.00 | $16,797.00 | $24,056.00 |
| Total 4-year net price | $63,756.00 | $67,188.00 | $96,224.00 |
| 10-year loan interest @ 6.8% | $24,289.00 | $25,596.00 | $36,658.00 |
| Total monthly payment | $734.00 | $773.00 | $1,107.00 |
| Total amount paid | $88,045.00 | $92,784.00 | $132,882.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 0% | 0% | 0% |
| Freshman year | $15,939.00 | $16,797.00 | $24,056.00 |
| Senior year | $15,939.00 | $16,797.00 | $24,056.00 |
| Total 2-year net price | $31,878.00 | $33,594.00 | $48,112.00 |
| 10-year loan interest @ 6.8% | $12,144.00 | $12,798.00 | $18,329.00 |
| Total monthly payment | $367.00 | $387.00 | $554.00 |
| Total amount paid | $44,022.00 | $46,392.00 | $66,441.00 |
| Jump to the net-price detail in the Net Price section. |
Net price reflects the true cost to attend after grant and scholarship aid is deducted. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.
| Average net price (on-campus) | $17,962.00 |
| Average net price (off-campus) | $19,071.00 |
Net price varies sharply by family income, dropping as need-based aid grows. The table below shows the average net price by family-income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $17,475.00 |
| $30,000 to $48,000 | $19,724.00 |
| $48,001 to $75,000 | $19,319.00 |
| $75,001 to $110,000 | $22,567.00 |
| Over $110,000 | $20,634.00 |
Estimate your specific net price using the school’s Rasmussen University-Minnesota Net Price Calculator, or get in touch with the financial aid office.
For the grant-and-scholarship detail behind these figures, see the financial aid breakdown.
The median graduating debt at Rasmussen University-Minnesota stands at $13,000.00, which federal data classifies as a Low ($10-20k) burden category.
The full distribution of debt at graduation looks like this:
| Percentile | Debt at graduation |
|---|---|
| 10th | $1,900.00 |
| 25th | $3,668.00 |
| Median (50th) | $13,000.00 |
| 75th | $19,987.00 |
| 90th | $29,799.00 |
How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.
For the full borrowing and repayment picture, see the student loan debt detail.
Debt at graduation is far from uniform across income levels. The table below divides borrowers into three income tiers:
| Family income | Median debt at graduation |
|---|---|
| Low income | $12,500.00 |
| Middle income | $14,203.00 |
| High income | $13,586.00 |
Debt at graduation often differs for first-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $12,834.00 |
| Continuing-generation students | $13,845.00 |
The default-rate category at Rasmussen University-Minnesota is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 14.5% |
For context on the loan portfolio, Stafford disbursements at Rasmussen University-Minnesota come to $2,178,891,070.00 covering 129,139 student borrowers.
Veterans and active-duty students can access dedicated federal education aid such as the Post-9/11 GI Bill and DoD Tuition Assistance.
| GI Bill recipients | 205 |
| Avg GI Bill amount | $11,450.00 |
Read more about military and veteran aid on the veteran aid breakdown.
Numbers only tell part of the story. As you weigh Rasmussen University-Minnesota, keep these questions in mind:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.