by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Rasmussen University-Wisconsin can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Rasmussen University - Wisconsin provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Rasmussen University-Wisconsin.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Rasmussen University-Wisconsin, 100% of entering full-time freshmen got some type of financial assistance (about 2 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $9,216 |
| Institutional grants & scholarships | 100% | $1,204 |
| Federal Pell grants | 100% | $8,012 |
| State/local grants | 0% | — |
| Federal student loans | 50% | $12,667 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Rasmussen University - Wisconsin, about 71% of undergraduates were awarded grant or scholarship aid averaging $5,630 (for some 114 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $5,630 |
| Federal Pell grants | 53% | $5,388 |
| Federal student loans | 76% | $9,173 |
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,414 |
| $30,001 – $75,000 | $19,229 |
| Over $75,000 | $21,453 |
Remember these are net prices — what families pay after gift aid, not before.
The median student at Rasmussen University - Wisconsin graduates with $13,000 of federal student 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.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Rasmussen University - Wisconsin.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $14,203 |
| High income | $13,586 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,834 |
| Continuing-generation students | $13,845 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,834 |
| Independent students | $14,000 |
The figure below distills the debt data into a single burden category for Rasmussen University - Wisconsin.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Rasmussen University - Wisconsin:
| Metric | Value |
|---|---|
| Stafford loan recipients | 129139 |
| Total Stafford loan amount | $2,178,891,070 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $69,547 |
| Average GI Bill amount per recipient | $17,387 |
References
More about our data sources and methodologies.