Rasmussen College-Illinois

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2017 Undergraduate Tuition
$9,360
0% growth from 2016
2017 Average Net Price
$17,861
After Financial Aid
2016 Student Loan
7.32%
Default Rate
2017 Enrolled Students
1,674
55.8% Full-Time

About

Rasmussen College-Illinois is a higher education institution located in Winnebago County, IL. In 2016, the most popular Bachelor's Degree concentrations at Rasmussen College-Illinois were General Business Administration & Management (16 degrees awarded), Health Care Administration & Management (15 degrees), and Accounting (5 degrees).

In 2017, 648 degrees were awarded across all undergraduate and graduate programs at Rasmussen College-Illinois. 87% of these degrees were awarded to women, and 13% awarded men. The majority of degree recipients were white (370 degrees), 2.87 times more than then the next closest race/ethnicity group, black or african american (129 degrees).

The median undergraduate tuition at Rasmussen College-Illinois is $9,360, which is $-3,530 less than the national average for Baccalaureate/Associates Colleges ($12,890).

Costs

The median undergraduate tuition at Rasmussen College-Illinois is $9,360, which is $-3,530 less than the national average for Baccalaureate/Associates Colleges ($12,890).

After taking grants and loans into account, the average net price for students is $17,861.

In 2017, 73% of undergraduate students received federal grants, while 82% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$9,360
2017 Undergraduate Tuition

In 2017, the cost of tuition at Rasmussen College-Illinois was $9,360. The cost of tuition at Rasmussen College-Illinois is $-3,530 less than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($12,890).

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Average Net Price

$17,861
2017 Value
2.87%
1 Year Growth

In 2017 Rasmussen College-Illinois had an average net price — the price paid after factoring in grants and loans — of $17,861. Between 2016 and 2017, the average net price of Rasmussen College-Illinois grew by 2.87%.

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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

$7,902
Room and Board
$1,575
Books and Supplies

The average yearly cost of room and board at Rasmussen College-Illinois was of $7,902 in 2017. During the same period, the average yearly cost of books and supplies was $1,575. The cost of room and board increased by 0.458% between 2016 and 2017. The cost of books and supplies increased by 16.7% during the same period.

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Financial Aid

Financial Aid by Income Level

73%
Of Undergraduates Receive Grants
82%
Of Undergraduates Receive Federal Loans

73% of undergraduate students at Rasmussen College-Illinois received grants or loans in 2017. This represents a growth of 5.8% with respect to 2016, when 69% of undergraduate students received financial aid.

This chart compares the average award discount at Rasmussen College-Illinois (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.
7.32%
2016 Default Rate
782
Number of Defaults

In 2016 the default rate for borrower's at Rasmussen College-Illinois was 7.32%, which represents 782 out of the 10677 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-Illinois has a total enrollment of 1,674 students. The full-time enrollment at Rasmussen College-Illinois is 934 students and the part-time enrollment is 740. This means that 55.8% of students enrolled at Rasmussen College-Illinois are enrolled full-time.

The enrolled student population at Rasmussen College-Illinois, both undergraduate and graduate, is 39.4% White, 27.4% Black or African American, 16.2% Hispanic or Latino, 3.05% Asian, 0.179% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Rasmussen College-Illinois in full-time Undergraduate programs are majority White Female (31.9%), followed by Black or African American Female (24.8%) and Hispanic or Latino Female (15.1%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

55.8%
Full-Time Enrollment

The total enrollment at Rasmussen College-Illinois, both undergraduate and graduate, is 1,674 students. The full-time enrollment at Rasmussen College-Illinois is 934 and the part-time enrollment is 740. This means that 55.8% of students enrolled at Rasmussen College-Illinois are enrolled full-time compared with 45.4% at similar Baccalaureate/Associates Colleges.

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

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Retention Rate over Time

N/A%
N/A 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-Illinois was N/A%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (64%), Rasmussen College-Illinois had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    660
  2. Black or African American
    458
  3. Hispanic or Latino
    271

The enrolled student population at Rasmussen College-Illinois is 39.4% White, 27.4% Black or African American, 16.2% Hispanic or Latino, 3.05% Asian, 0.179% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, 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 46.1% White, 24.4% Hispanic or Latino, and 14% Black or African American.

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Graduates

In 2017, 480 more women than men received degrees from Rasmussen College-Illinois. The majority of degree recipients at Rasmussen College-Illinois are white (370 degrees awarded). There were 2.87 times more white graduates than the next closest race/ethnicity group, black or african american (129 degrees).

The most common Bachelor's Degree concentration at Rasmussen College-Illinois is General Business Administration & Management (16 degrees awarded), followed by Health Care Administration & Management (15 degrees) and Accounting (5 degrees).

The most specialized majors across all degree types at Rasmussen College-Illinois, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (455 degrees awarded), Legal (12 degrees), and Education (47 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-Illinois are Elementary & middle school teachers (2,065,035 people), Registered nurses (1,419,107 people), Accountants & auditors (1,130,533 people), Other managers (718,368 people), and Financial managers (442,287 people).

The most specialized majors at Rasmussen College-Illinois are Health (455 degrees awarded), Legal (12 degrees), Education (47 degrees), Business (104 degrees), and Protective Services (15 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Rasmussen College-Illinois are Public relations specialists, Surgeons, Physicians, Geoscientists and hydrologists, except geographers, and Podiatrists

The most specialized majors at Rasmussen College-Illinois are Health (455 degrees awarded), Legal (12 degrees), Education (47 degrees), Business (104 degrees), and Protective Services (15 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-Illinois are Elementary & secondary schools (3,246,954 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,790,645 people), Colleges, universities & professional schools, including junior colleges (610,472 people), Banking & related activities (516,523 people), and Justice, public order, & safety activities (498,069 people).

The most specialized majors at Rasmussen College-Illinois are Health (455 degrees awarded), Legal (12 degrees), Education (47 degrees), Business (104 degrees), and Protective Services (15 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-Illinois.
Most Common
  1. 16 degree-majorss awarded
  2. 15 degree-majorss awarded
  3. 5 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Rasmussen College-Illinois was General Business Administration & Management with 16 degree-majorss awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men
  1. 84
  2. 564

In 2017, 84 degrees were awarded to men at Rasmussen College-Illinois, which is 0.149 times less than the number of degrees awarded to females (564).

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

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Most Common Male Majors

In 2017, 20 degrees were awarded to men at Rasmussen College-Illinois in General Business Administration & Management, which is 0.556 times less than the 36 female recipients with that same degree.

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Most Common Female Majors

In 2017, 164 degrees were awarded to women at Rasmussen College-Illinois in Medical Assistant, which is 23.4 times more than the 7 male recipients with that same degree.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
N/A
Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Rasmussen College-Illinois is N/A and N/A (N/A% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (68.1%).

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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    370 degrees awarded
  2. Black or African American
    129 degrees awarded
  3. Unknown
    85 degrees awarded

The most common race/ethnicity at Rasmussen College-Illinois is white (370 degrees awarded). There were 2.87 times more white recipients than the next closest race/ethnicity group, black or african american (129 degrees).

13.1% of degree recipients (85 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    316 degrees awarded
  2. Black or African American Female
    124 degrees awarded
  3. White Male
    54 degrees awarded

The most common race/ethnicity and gender grouping at Rasmussen College-Illinois is white female (316 degrees awarded). There were 2.55 times more white female recipients than the next closest race/ethnicity group, black or african american female (124 degrees).

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Operations

Rasmussen College-Illinois has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $0 (NaNM%), compared to the 1.44% average return ($144k on $10M) across all Baccalaureate/Associates Colleges.

In 2017, Rasmussen College-Illinois had a total salary expenditure of $26.8M. Rasmussen College-Illinois employs 29 Instructors, 0 N/A, and 0 N/A. Most academics at Rasmussen College-Illinois are Female Instructors (24), Male Instructors(5), and N/A (0).

The most common positions for non-instructional staff at Rasmussen College-Illinois are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 55 employees, Business and Financial Operations, with 32 employees, and Management with 29 employees.

Finances

Endowment

$N/A
2017 Endowment
0%
growth from 2016

Rasmussen College-Illinois has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Rasmussen College-Illinois 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-Illinois (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: Associates Dominant Carnegie Classification grouping.

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Government Grants and Contracts

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

As of 2017, Rasmussen College-Illinois 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

$10.4M
2017 Salaries
2.77%
growth from 2016

In 2017, Rasmussen College-Illinois paid a median of $10.4M in salaries, which represents 38.8% of their overall expenditure ($26.8M) and a 2.77% growth from the previous year. This is compared to a 0.965% growth from 2015 and a 8.13% decline from 2014.

The median for similar Baccalaureate/Associates Colleges is 6.2M (33.2% of overall expenditures).

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Instructional Salaries

$1.97M
Instructional Salaries
29
Number of Employees

In 2017, Rasmussen College-Illinois paid a total of $1.97M to 29 employees working as instructors, which represents 18.9% of all salaries paid.

This is compared to a median of $3.15M (29.6%) for similar Baccalaureate/Associates Colleges: Associates Dominant.

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Faculty and Staff

Occupations by Share

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

In 2017, the most common positions for instructional staff at Rasmussen College-Illinois were Instructor with 29 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Rasmussen College-Illinois were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 55 employees; Business and Financial Operations with 32 employees; and Management with 29 employees.

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Instructors by Academic Rank and Gender

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

In 2017, the most common demographic for instructional staff at Rasmussen College-Illinois was Female Instructor with 24 employees, Male Instructor with 5 employees, and false with 0 employees.

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

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