Rasmussen University-Minnesota

https://rasmussen.edu

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    2024 Undergraduate Tuition
    $10,595
    3.8% growth from 2023
    2024 Average Net Price
    $17,667
    After Financial Aid
    2024 Enrolled Students
    9,416
    52.1% Full-Time
    2024 Graduation Rate
    53.5%
    69 Graduates

    About

    Rasmussen University-Minnesota is a higher education institution located in Stearns County, MN. In 2024, the most popular Associates Degree concentrations at Rasmussen University-Minnesota were Registered Nursing (289 degrees awarded), Early Childhood Education & Teaching (119 degrees), and General Health Services (106 degrees).

    In 2024, 3,175 degrees were awarded across all undergraduate and graduate programs at Rasmussen University-Minnesota. 86.7% of these degrees were awarded to women, and 13.3% awarded men. The most common race/ethnicity group of degree recipients was white (1,479 degrees), 1.84 times more than then the next closest race/ethnicity group, black or african american (805 degrees).

    The median undergraduate tuition at Rasmussen University-Minnesota is $10,595, which is $0 approximately the same the national average for Baccalaureate/Associates Colleges ($10,595).

    Baccalaureate/Associates Colleges: Mixed Baccalaureate/AssociatesBaccalaureate/Associates Colleges

    Costs

    In 2024, the median undergraduate tuition at Rasmussen University-Minnesota is $10,595, which is $0 approximately the same the national average for Baccalaureate/Associates Colleges ($10,595).

    After taking grants and loans into account, the average net price for students is $17,667.

    In 2024, 81% of undergraduate students attending Rasmussen University-Minnesota received financial aid through grants. Comparatively, 69% of undergraduate students received financial aid through loans.

    Tuition Costs

    $10,595
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Rasmussen University-Minnesota was $10,595. The cost of tuition at Rasmussen University-Minnesota is $0 approximately the same than the overall (public and private) national average for Baccalaureate/Associates Colleges ($10,595).

    This chart compares the tuition costs of Rasmussen University-Minnesota (in red) with those of other similar universities.

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    Average Net Price

    $17,667
    2024 Value
    7.75%
    1 Year Growth

    In 2024 Rasmussen University-Minnesota had an average net price — the price paid after factoring in grants and loans — of $17,667. Between 2023 and 2024, the average net price of Rasmussen University-Minnesota grew by 7.75%.

    This chart compares the average net price of Rasmussen University-Minnesota (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

    $9,936
    Room and Board
    $71
    Books and Supplies

    The average yearly cost of room and board at Rasmussen University-Minnesota was of $9,936 in 2024. The cost of room and board increased by 7.18% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $71. The cost of books and supplies decreased by 1.39% during the same period.

    This chart compares the average student costs at Rasmussen University-Minnesota (in red) with that of similar universities.

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    Financial Aid by Income Level

    81%
    Undergraduates Receiving Financial Aid through Grants
    69%
    Undergraduates Receiving Financial Aid through Loans

    81% of undergraduate students at Rasmussen University-Minnesota received financial aid through grants or loans in 2024. This represents a growth of 9.46% with respect to 2023, when 74% of undergraduate students received financial aid.

    This chart compares the average award discount at Rasmussen University-Minnesota (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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    Enrollment

    Rasmussen University-Minnesota had a total enrollment of 9,416 students in 2024. The full-time enrollment at Rasmussen University-Minnesota is 4,910 students and the part-time enrollment is 4,506. This means that 52.1% of students enrolled at Rasmussen University-Minnesota are enrolled full-time.

    The enrolled student population at Rasmussen University-Minnesota, both undergraduate and graduate, is 40.4% White, 29.6% Black or African American, 11.6% Hispanic or Latino, 3.21% Asian, 1.21% American Indian or Alaska Native, 0.966% Two or More Races, and 0.372% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Rasmussen University-Minnesota in full-time Undergraduate programs are most commonly White Female (35.3%), followed by Black or African American Female (24.5%) and Hispanic or Latino Female (9.59%). Students enrolled in full-time Graduate programs are most commonly White Female (41%), followed by Black or African American Female (14.9%) and Hispanic or Latino Female (8.9%).

    Full-Time vs Part-Time Enrollment

    52.1%
    Full-Time Enrollment

    The total enrollment at Rasmussen University-Minnesota in 2024, both undergraduate and graduate, is 9,416 students. The full-time enrollment at Rasmussen University-Minnesota is 4,910 and the part-time enrollment is 4,506. This means that 52.1% of students enrolled at Rasmussen University-Minnesota are enrolled full-time compared with 38.3% at similar Baccalaureate/Associates Colleges.

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

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    Retention Rate over Time

    100%
    2024 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 University-Minnesota was 100%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (59%), Rasmussen University-Minnesota had a retention rate higher than its peers.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      3,807 enrolled students
    2. Black or African American
      2,789 enrolled students
    3. Hispanic or Latino
      1,093 enrolled students

    The enrolled student population at Rasmussen University-Minnesota is 40.4% White, 29.6% Black or African American, 11.6% Hispanic or Latino, 3.21% Asian, 1.21% American Indian or Alaska Native, 0.966% Two or More Races, and 0.372% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate/Associates Colleges is 35% White, 33.8% Hispanic or Latino, and 11.8% Black or African American.

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    Graduates

    In 2024, 2,333 more women than men received degrees from Rasmussen University-Minnesota. The most common race/ethnicity group of degree recipients at Rasmussen University-Minnesota is white (1,479 degrees awarded). There were 1.84 times more white recipients than the next closest race/ethnicity group, black or african american (805 degrees).

    The most common Associates Degree concentration at Rasmussen University-Minnesota is Registered Nursing (289 degrees awarded), followed by Early Childhood Education & Teaching (119 degrees) and General Health Services (106 degrees).

    In 2024,  the most specialized majors across all degree types at Rasmussen University-Minnesota, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Education (645 degrees awarded), Health (1,486 degrees), and Legal (64 degrees).

    Common Jobs by Major

    Elementary & middle school teachers
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Rasmussen University-Minnesota are Elementary & middle school teachers (1,675,355 people), Registered nurses (1,628,868 people), Accountants & auditors (1,057,980 people), Other managers (900,743 people), and Financial managers (560,079 people).

    The most specialized majors at Rasmussen University-Minnesota in 2024 are Education (645 degrees awarded), Health (1,486 degrees), Legal (64 degrees), Business (768 degrees), and Protective Services (63 degrees) (as of 2024).

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    Highest Paying Jobs by Major

    Surgeons
    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Rasmussen University-Minnesota are Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, Photographic process workers & processing machine operators, and Nurse anesthetists

    The most specialized majors at Rasmussen University-Minnesota are Education (645 degrees awarded), Health (1,486 degrees), Legal (64 degrees), Business (768 degrees), and Protective Services (63 degrees) (as of 2024).

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    Common Industries by Major

    Elementary & secondary schools
    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Rasmussen University-Minnesota are Elementary & secondary schools (3,357,630 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,033,956 people), Colleges, universities & professional schools, including junior colleges (682,543 people), Computer Systems Design (644,076 people), and Justice, public order, & safety activities (553,425 people).

    The most specialized majors at Rasmussen University-Minnesota are Education (645 degrees awarded), Health (1,486 degrees), Legal (64 degrees), Business (768 degrees), and Protective Services (63 degrees) (as of 2024).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Rasmussen University-Minnesota.
    Most Common (2024)
    1. Early Childhood Education & Teaching
      130 degrees awarded
    2. Licensed Practical & Vocational Nurse Training
      103 degrees awarded
    3. Medical Assistant
      46 degrees awarded

    In 2024, the most common 1 to 2 year postsecondary certificate concentration at Rasmussen University-Minnesota was Early Childhood Education & Teaching with 130 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Rasmussen University-Minnesota according to their major.

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    Sex Breakdown for Common Majors

    421
    Degrees Awarded to Men
    in 2024
    2,754
    Degrees Awarded to Women
    in 2024

    In 2024, 421 degrees were awarded to men at Rasmussen University-Minnesota, which is 0.153 times less than the number of degrees awarded to females (2,754).

    This chart displays the sex disparity between the top 5 majors at Rasmussen University-Minnesota by degrees awarded.

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    Most Common Male Majors

    In 2024, 76 degrees were awarded to men at Rasmussen University-Minnesota in General Business Administration & Management, which is 0.531 times less than the 143 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 611 degrees were awarded to men at Rasmussen University-Minnesota in Early Childhood Education & Teaching, which is 61.1 times more than the 10 male recipients with that same degree.

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    Time to Complete

    18%
    100% Completion Time
    18%
    150% Completion Time

    In 2022, 18% of students graduating from Rasmussen University-Minnesota completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 18% completed their degrees within 150% of the normal time, and 18% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      1,479 degrees awarded
    2. Black or African American
      805 degrees awarded
    3. Hispanic or Latino
      346 degrees awarded

    The most common race/ethnicity at Rasmussen University-Minnesota is white (1,479 degrees awarded). There were 1.84 times more white recipients than the next closest race/ethnicity group, black or african american (805 degrees).

    11% of degree recipients (348 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      1,498 degrees awarded
    2. White Female
      1,444 degrees awarded
    3. White Female
      1,391 degrees awarded

    The most common race/ethnicity and sex grouping at Rasmussen University-Minnesota is white female (1,498 degrees awarded). There were 1.04 times more white female recipients than the next closest race/ethnicity group, white female (1,444 degrees).

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    Operations

    In 2024, Rasmussen University-Minnesota had a total salary expenditure of 136M. Rasmussen University-Minnesota employs 97 Instructors. Most academics at Rasmussen University-Minnesota are Female Instructor (74), and Male Instructor (23).

    The most common positions for non-instructional staff at Rasmussen University-Minnesota are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 137 employees, Management, with 122 employees, and Business and Financial Operations with 30 employees.

    Salary Expenditure

    $50M
    2024 Salaries
    44.2%
    growth from 2023

    In 2024, Rasmussen University-Minnesota paid a median of $50M in salaries, which represents 36.7% of their overall expenditure ($136M) and a 44.2% growth from the previous year. This is compared to a 27.3% decline between 2022 and 2023, and a 92% growth between 2021 and 2022.

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    Instructional Salaries

    $7.59M
    Instructional Salaries
    97
    Number of Employees

    In 2024, Rasmussen University-Minnesota paid a total of $7.59M to 97 employees working as instructors, which represents 15.2% of all salaries paid.

    This is compared to a median of $744k (3.92%) for similar Baccalaureate/Associates Colleges.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Rasmussen University-Minnesota were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 137 employees, Management with 122 employees, and Business and Financial Operations with 30 employees.

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