Rasmussen College-Florida

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2019 Undergraduate Tuition
$9,360
0% growth from 2018
2019 Average Net Price
$18,950
After Financial Aid
2017 Student Loan
9.4%
Default Rate
2019 Enrolled Students
8,808
54.9% Full-Time
2018 Graduation Rate
28.6%
4 Graduates

About

Rasmussen College-Florida is a higher education institution located in Marion County, FL. In 2016, the most popular Bachelor's Degree concentrations at Rasmussen College-Florida were Registered Nursing (382 degrees awarded), General Business Administration & Management (208 degrees), and General Educational Leadership & Administration (188 degrees).

In 2019, 4,148 degrees were awarded across all undergraduate and graduate programs at Rasmussen College-Florida. 85.3% of these degrees were awarded to women, and 14.7% awarded men. The most common race/ethnicity group of degree recipients was white (2,147 degrees), 3.22 times more than then the next closest race/ethnicity group, black or african american (667 degrees).

The median undergraduate tuition at Rasmussen College-Florida is $9,360, which is $−3,129 less than the national average for Baccalaureate/Associates Colleges ($12,489).

Costs

The median undergraduate tuition at Rasmussen College-Florida is $9,360, which is $−3,129 less than the national average for Baccalaureate/Associates Colleges ($12,489).

After taking grants and loans into account, the average net price for students is $18,950.

In 2019, 89% of undergraduate students received federal grants, while 77% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$9,360
2019 Undergraduate Tuition

In 2019, the cost of tuition at Rasmussen College-Florida was $9,360. The cost of tuition at Rasmussen College-Florida is $−3,129 less than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($12,489).

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Average Net Price

$18,950
2019 Value
2.46%
1 Year Growth

In 2019 Rasmussen College-Florida had an average net price — the price paid after factoring in grants and loans — of $18,950. Between 2018 and 2019, the average net price of Rasmussen College-Florida grew by 2.46%.

This chart compares the average net price of Rasmussen College-Florida (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$8,226
Room and Board
$180
Books and Supplies

The average yearly cost of room and board at Rasmussen College-Florida was of $8,226 in 2019. During the same period, the average yearly cost of books and supplies was $180. The cost of room and board increased by 2.24% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

89%
Of Undergraduates Receive Grants
77%
Of Undergraduates Receive Federal Loans

89% of undergraduate students at Rasmussen College-Florida received grants or loans in 2019. This represents a growth of 23.6% with respect to 2018, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Rasmussen College-Florida (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
9.4%
2017 Default Rate
1024
Number of Defaults

In 2017 the default rate for borrower's at Rasmussen College-Florida was 9.4%, which represents 1024 out of the 10892 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

Rasmussen College-Florida has a total enrollment of 8,808 students. The full-time enrollment at Rasmussen College-Florida is 4,832 students and the part-time enrollment is 3,976. This means that 54.9% of students enrolled at Rasmussen College-Florida are enrolled full-time.

The enrolled student population at Rasmussen College-Florida, both undergraduate and graduate, is 42.4% White, 18.9% Black or African American, 13.7% Hispanic or Latino, 2.54% Asian, 2.44% Two or More Races, 0.272% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Rasmussen College-Florida in full-time Undergraduate programs are most commonly White Female (35.8%), followed by Black or African American Female (17.3%) and Hispanic or Latino Female (11.1%). Students enrolled in full-time Graduate programs are most commonly White Female (54.2%), followed by Black or African American Female (12.5%) and Hispanic or Latino Female (12.5%).

Full-Time vs Part-Time Enrollment

54.9%
Full-Time Enrollment

The total enrollment at Rasmussen College-Florida, both undergraduate and graduate, is 8,808 students. The full-time enrollment at Rasmussen College-Florida is 4,832 and the part-time enrollment is 3,976. This means that 54.9% of students enrolled at Rasmussen College-Florida are enrolled full-time compared with 44.4% at similar Baccalaureate/Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Rasmussen College-Florida (in red) compares to similar universities.

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Retention Rate over Time

100%
2019 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Rasmussen College-Florida was 100%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (63%), Rasmussen College-Florida had a retention rate higher than its peers.

This chart shows the retention rate over time at Rasmussen College-Florida (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    3,738
  2. Black or African American
    1,664
  3. Hispanic or Latino
    1,210

The enrolled student population at Rasmussen College-Florida is 42.4% White, 18.9% Black or African American, 13.7% Hispanic or Latino, 2.54% Asian, 2.44% Two or More Races, 0.272% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate/Associates Colleges is 44% White, 26% Hispanic or Latino, and 13.8% Black or African American.

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Graduates

In 2019, 2926 more women than men received degrees from Rasmussen College-Florida. The most common race/ethnicity group of degree recipients at Rasmussen College-Florida is white (2,147 degrees awarded). There were 3.22 times more white graduates than the next closest race/ethnicity group, black or african american (667 degrees).

The most common Bachelor's Degree concentration at Rasmussen College-Florida is Registered Nursing (382 degrees awarded), followed by General Business Administration & Management (208 degrees) and General Educational Leadership & Administration (188 degrees).

The most specialized majors across all degree types at Rasmussen College-Florida, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (2,241 degrees awarded), Education (703 degrees), and Public Administration and Social Service (110 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Rasmussen College-Florida are Elementary & middle school teachers (1,608,249 people), Registered nurses (1,480,539 people), Accountants & auditors (1,013,091 people), Other managers (797,979 people), and Secondary school teachers (551,464 people).

The most specialized majors at Rasmussen College-Florida are Health (2,241 degrees awarded), Education (703 degrees), Public Administration and Social Service (110 degrees), Business (818 degrees), and Legal (39 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Rasmussen College-Florida are Surgeons, Magnetic resonance imaging technologists, Public relations specialists, Physicians, and Actuaries

The most specialized majors at Rasmussen College-Florida are Health (2,241 degrees awarded), Education (703 degrees), Public Administration and Social Service (110 degrees), Business (818 degrees), and Legal (39 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Rasmussen College-Florida are Elementary & secondary schools (3,258,842 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,821,673 people), Colleges, universities & professional schools, including junior colleges (630,486 people), Computer Systems Design (504,829 people), and Banking & related activities (502,620 people).

The most specialized majors at Rasmussen College-Florida are Health (2,241 degrees awarded), Education (703 degrees), Public Administration and Social Service (110 degrees), Business (818 degrees), and Legal (39 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Rasmussen College-Florida.
Most Common
  1. 382 degree-majorss awarded
  2. 208 degree-majorss awarded
  3. 188 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Rasmussen College-Florida was Registered Nursing with 382 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Rasmussen College-Florida according to their major.

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Gender Breakdown for Common Majors

611
Degrees Awarded to Men
in 2019
3,537
Degrees Awarded to Women
in 2019

In 2019, 611 degrees were awarded to men at Rasmussen College-Florida, which is 0.173 times less than the number of degrees awarded to females (3,537).

This chart displays the gender disparity between the top 5 majors at Rasmussen College-Florida by degrees awarded.

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Most Common Male Majors

In 2019, 138 degrees were awarded to men at Rasmussen College-Florida in Registered Nursing, which is 0.132 times less than the 1047 female recipients with that same degree.

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Most Common Female Majors

In 2019, 1047 degrees were awarded to women at Rasmussen College-Florida in Registered Nursing, which is 7.59 times more than the 138 male recipients with that same degree.

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Time to Complete

11%
100% Completion Time
16%
150% Completion Time

In 2019, 11% of students graduating from Rasmussen College-Florida completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 16% completed their degrees within 150% of the normal time, and 16% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate/Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (50%)

The student demographic with the highest graduation rate at Rasmussen College-Florida is Female and White (50% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (69.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    2,147 degrees awarded
  2. Black or African American
    667 degrees awarded
  3. Unknown
    576 degrees awarded

The most common race/ethnicity at Rasmussen College-Florida is white (2,147 degrees awarded). There were 3.22 times more white recipients than the next closest race/ethnicity group, black or african american (667 degrees).

13.9% of degree recipients (576 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    1,808 degrees awarded
  2. Black or African American Female
    578 degrees awarded
  3. Hispanic or Latino Female
    442 degrees awarded

The most common race/ethnicity and gender grouping at Rasmussen College-Florida is white female (1,808 degrees awarded). There were 3.13 times more white female recipients than the next closest race/ethnicity group, black or african american female (578 degrees).

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Operations

Rasmussen College-Florida has an endowment valued at nearly $N/A, as of the end of the 2019 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 3.05% average return ($330k on $10.8M) across all Baccalaureate/Associates Colleges.

In 2019, Rasmussen College-Florida had a total salary expenditure of $94.4M. Rasmussen College-Florida employs 129 Instructors, 0 N/A, and 0 N/A. Most academics at Rasmussen College-Florida are Female Instructors (105), Male Instructors(24), and N/A (0).

The most common positions for non-instructional staff at Rasmussen College-Florida are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 140 employees, Management, with 47 employees, and Office and Administrative Support with 10 employees.

Finances

Endowment

$N/A
2019 Endowment
0%
growth from 2018

Rasmussen College-Florida has an endowment valued at about $N/A, as of the end of the 2019 fiscal year. The endowment of Rasmussen College-Florida stayed 0% from the previous year. The value of their endowment was $NaNM approximately the same as than the median endowment of Baccalaureate/Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Rasmussen College-Florida (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

As of 2019, Rasmussen College-Florida received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$37.6M
2019 Salaries
10.5%
growth from 2018

In 2019, Rasmussen College-Florida paid a median of $37.6M in salaries, which represents 39.9% of their overall expenditure ($94.4M) and a 10.5% growth from the previous year. This is compared to a 21.1% growth from 2017 and a 3.99% growth from 2016.

The median for similar Baccalaureate/Associates Colleges is 9.89M (32.2% of overall expenditures).

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Instructional Salaries

$10M
Instructional Salaries
129
Number of Employees

In 2019, Rasmussen College-Florida paid a total of $10M to 129 employees working as instructors, which represents 26.6% of all salaries paid.

This is compared to a median of $2.99M (30.3%) for similar Baccalaureate/Associates Colleges.

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Faculty and Staff

Occupations by Share

Instructor
Most Common Instructor
129 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
140 Employees

In 2019, the most common positions for instructional staff at Rasmussen College-Florida were Instructor with 129 employees; false with 0 employees; and false with 0 employees.

In 2019, the most common positions for non-instructional staff at Rasmussen College-Florida were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 140 employees; Management with 47 employees; and Office and Administrative Support with 10 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Female Instructor
  2. Male Instructor
  3. false

In 2019, the most common demographic for instructional staff at Rasmussen College-Florida was Female Instructor with 105 employees, Male Instructor with 24 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Rasmussen College-Florida.

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