Rasmussen University-Minnesota

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2023 Undergraduate Tuition
$10,207
13.6% growth from 2022
2023 Average Net Price
$16,397
After Financial Aid
2023 Enrolled Students
8,823
51.5% Full-Time

About

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

Costs

After taking grants and loans into account, the average net price for students is $16,397.

Tuition Costs

$10,207
2023 Undergraduate Tuition

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

Average Net Price

$16,397
2023 Value
8.18%
1 Year Growth

In 2023 Rasmussen University-Minnesota had an average net price — the price paid after factoring in grants and loans — of $16,397. Between 2022 and 2023, the average net price of Rasmussen University-Minnesota grew by 8.18%.

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.

Other Student Expenses

$9,270
Room and Board
$72
Books and Supplies

The average yearly cost of room and board at Rasmussen University-Minnesota was of $9,270 in 2023. The cost of room and board increased by 6.3% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $72. The cost of books and supplies decreased by 2.7% 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

74%
Undergraduates Receiving Financial Aid through Grants
73%
Undergraduates Receiving Financial Aid through Loans

74% of undergraduate students at Rasmussen University-Minnesota received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, 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.

Enrollment

Rasmussen University-Minnesota had a total enrollment of 8,823 students in 2023. The full-time enrollment at Rasmussen University-Minnesota is 4,548 students and the part-time enrollment is 4,275. This means that 51.5% of students enrolled at Rasmussen University-Minnesota are enrolled full-time.

The enrolled student population at Rasmussen University-Minnesota, both undergraduate and graduate, is 44.8% White, 26.4% Black or African American, 11.5% Hispanic or Latino, 3.55% Asian, 1.62% Two or More Races, 1.07% American Indian or Alaska Native, and 0.272% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Rasmussen University-Minnesota in full-time Undergraduate programs are most commonly White Female (37.7%), followed by Black or African American Female (22.3%) and Hispanic or Latino Female (8.46%). Students enrolled in full-time Graduate programs are most commonly White Female (44.4%), followed by Black or African American Female (13.6%) and White Male (9.2%).

Full-Time vs Part-Time Enrollment

51.5%
Full-Time Enrollment

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

Retention Rate over Time

100%
2023 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 (62%), 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 (2023)
  1. White
    3,952 enrolled students
  2. Black or African American
    2,328 enrolled students
  3. Hispanic or Latino
    1,019 enrolled students

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 949 students (10.8%) did not report their race.

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Graduates

In 2023, 1,385 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 (984 degrees awarded). There were 2.09 times more white recipients than the next closest race/ethnicity group, black or african american (470 degrees).

The most common Associates Degree concentration at Rasmussen University-Minnesota is Registered Nursing (711 degrees awarded), followed by General Business Administration & Management (48 degrees) and Criminal Justice - Police Science (45 degrees).

In 2023,  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 Health (1,259 degrees awarded), Business (422 degrees), and Education (159 degrees).

Common Jobs by Major

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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 N/A.

The most specialized majors at Rasmussen University-Minnesota in 2023 are Health (1,259 degrees awarded), Business (422 degrees), Education (159 degrees), Protective Services (47 degrees), and Legal (22 degrees) (as of 2023).

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Highest Paying Jobs by Major

N/A
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 N/A

The most specialized majors at Rasmussen University-Minnesota are Health (1,259 degrees awarded), Business (422 degrees), Education (159 degrees), Protective Services (47 degrees), and Legal (22 degrees) (as of 2023).

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Common Industries by Major

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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 N/A.

The most specialized majors at Rasmussen University-Minnesota are Health (1,259 degrees awarded), Business (422 degrees), Education (159 degrees), Protective Services (47 degrees), and Legal (22 degrees) (as of 2023).

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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 (2023)
  1. Registered Nursing
    711 degrees awarded
  2. General Business Administration & Management
    48 degrees awarded
  3. Criminal Justice - Police Science
    45 degrees awarded

In 2023, the most common associates degree concentration at Rasmussen University-Minnesota was Registered Nursing with 711 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Rasmussen University-Minnesota according to their major.

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Sex Breakdown for Common Majors

300
Degrees Awarded to Men
in 2023
1,685
Degrees Awarded to Women
in 2023

In 2023, 300 degrees were awarded to men at Rasmussen University-Minnesota, which is 0.178 times less than the number of degrees awarded to females (1,685).

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 2023, 101 degrees were awarded to men at Rasmussen University-Minnesota in Registered Nursing, which is 0.134 times less than the 753 female recipients with that same degree.

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Most Common Female Majors

In 2023, 753 degrees were awarded to men at Rasmussen University-Minnesota in Registered Nursing, which is 7.46 times more than the 101 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Male
Highest Graduation Rate (0%)

The student demographic with the highest graduation rate in 2023 at Rasmussen University-Minnesota is Male and White (0% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (74.3%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    984 degrees awarded
  2. Black or African American
    470 degrees awarded
  3. Hispanic or Latino
    135 degrees awarded

The most common race/ethnicity at Rasmussen University-Minnesota is white (984 degrees awarded). There were 2.09 times more white recipients than the next closest race/ethnicity group, black or african american (470 degrees).

11.8% of degree recipients (235 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    834 degrees awarded
  2. Black or African American Female
    398 degrees awarded
  3. White Male
    150 degrees awarded

The most common race/ethnicity and sex grouping at Rasmussen University-Minnesota is white female (834 degrees awarded). There were 2.1 times more white female recipients than the next closest race/ethnicity group, black or african american female (398 degrees).

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Operations

Rasmussen University-Minnesota employs 101 Instructors. Most academics at Rasmussen University-Minnesota are Female Instructor (82), and Male Instructor (19).

The most common positions for non-instructional staff at Rasmussen University-Minnesota are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 181 employees, Management, with 66 employees, and Office and Administrative Support with 16 employees.

Salary Expenditure

$34.6M
2023 Salaries
27.3%
decline from 2022

In 2023, Rasmussen University-Minnesota paid a median of $34.6M in salaries, a 27.3% decline from the previous year. This is compared to a 92% growth between 2021 and 2022, and a 6.14% decline between 2020 and 2021.

Instructional Salaries

$9.15M
Instructional Salaries
101
Number of Employees

In 2023, Rasmussen University-Minnesota paid a total of $9.15M to 101 employees working as instructors, which represents 26.4% of all salaries paid.

Occupations by Share

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

In 2023, the most common positions for instructional staff at Rasmussen University-Minnesota was Instructor with 101 employees.

In 2023, the most common positions for non-instructional staff at Rasmussen University-Minnesota were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 181 employees, Management with 66 employees, and Office and Administrative Support with 16 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Female Instructor
  2. Male Instructor

In 2023, the most common demographic for instructional staff at Rasmussen University-Minnesota was Female Instructor with 82 employees, and Male Instructor with 19 employees.

This chart shows the sex split between each academic rank present at Rasmussen University-Minnesota.

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