Private For-Profit Graduate Strong 73/100

Rasmussen University-Minnesota

See admissions data, costs, student outcomes, and academic programs, all verified from official US government sources.

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St. Cloud, Minnesota

About Rasmussen University-Minnesota

Rasmussen University-Minnesota is a private for-profit institution offering graduate degrees based in St. Cloud, Minnesota. It enrolls 8,617 students (a large student body), according to IPEDS 2023-24 data. Below you'll find verified data on admissions, cost, student outcomes, programs offered, and what graduates typically earn, all pulled from the U.S. Department of Education's College Scorecard and IPEDS.

Acceptance
Graduation
38.6%
Net Price
$17,962
Median Earnings (10yr)
$39,080
Enrollment
8,617
Student : Faculty
14:1

Accreditor Higher Learning Commission
Academic Calendar Quarter

How It Measures Up

US College Data scores each college on four pillars (outcomes, value, affordability, and selectivity) on a 0–100 scale, ranked within its peer group (4-Year Open / Online). Scores are calculated from verified College Scorecard and IPEDS data, not opinion or paid placement. Where data is missing, that pillar isn't scored.

Strong
73/100
UCD Score · 4-Year Open / Online
Outcomes 87
Value 31
Affordability 56
Selectivity

Admissions & Acceptance Rate

Admissions data is not yet reported for Rasmussen University-Minnesota.

Acceptance Rate
SAT Range (25th–75th)
Not reported
ACT Range (25th–75th)
Not reported

Cost & Financial Aid

The real cost of attending Rasmussen University-Minnesota isn't the sticker price. It's the net price,which is what most students actually pay after grants and scholarships. According to College Scorecard 2023-24 data, the average net price is $17,962 per year. That's below the typical net price for private for-profit colleges nationally.

Average Net Price
$17,962
Per year, after typical aid
Receive Pell Grants
60%
Need-based federal aid
Receive Federal Loans
69%
Borrowing to attend

Full Cost Breakdown

Published cost of attendance, the sticker price before grants and scholarships. Most students underestimate room & board and other expenses.

Tuition & Fees
$11,490
Room & Board (off-campus)
$10,269
Books & Supplies
$91
Other Expenses (off-campus)
$7,119
Total Cost of Attendance
$25,221

Net Price by Family Income

Aid is need-based, so net price varies by family income. Here's what each bracket typically pays after grants and scholarships.

  • Under $30,000
    $17,104
  • $30,001 – $48,000
    $17,088
  • $48,001 – $75,000
    $19,170
  • $75,001 – $110,000
    $22,575
  • Over $110,000
    $20,667

Debt at Graduation

Cumulative federal-loan debt across the full borrowing distribution. The 10th and 90th percentiles bracket the typical range; the median sits in the middle.

$1,900
10% percentile
$3,668
25% percentile
$20,899
Median percentile
$19,987
75% percentile
$29,799
90% percentile

Median Debt by Student Type

Median federal-loan debt at graduation broken down by demographic. Each slice's size is proportional to the dollar amount that group typically borrows.

GroupDebtvs Median
Pell recipients $13,000 ↓ $7,899
No Pell $13,000 ↓ $7,899
Dependent students $9,834 ↓ $11,065
Independent students $14,000 ↓ $6,899
Female students $13,000 ↓ $7,899
Male students $12,500 ↓ $8,399
Pell recipients: 17.3% (3,606 students)No Pell: 17.3% (3,606 students)Dependent students: 13.1% (2,728 students)Independent students: 18.6% (3,884 students)Female students: 17.3% (3,606 students)Male students: 16.6% (3,468 students)Overall Median$20,899
Worth knowing: Students who don't finish leave with a median debt of $6,334, less than completers ($20,899), but still a meaningful obligation without a degree in hand.

Graduation Rate & Retention

39% of full-time students who enrolled at Rasmussen University-Minnesota graduate within six years, and 100% return for their second year, per IPEDS 2023-24 completion data.

6-Year Graduation Rate
39%
Of students who graduate within six years
First-Year Retention
100%
Returning for their second year
What this means: Lower than typical completion. Worth asking the school how they support students who fall behind.

After Graduation: Earnings & Outcomes

According to College Scorecard 2023-24 data, students who entered Rasmussen University-Minnesota earn a median of $39,080 ten years after first enrolling. That's close to the national median for U.S. colleges.

Median Earnings (10 yrs)
$39,080
Earning > $25K
64%
10 yrs after entry

Earnings Growth After Graduation

Median annual earnings 6, 8, and 10 years after students first enrolled.

$38,500$39,500$40,500$41,000$42,0006 yrs8 yrs10 yrs

Earnings by Demographic

Mean annual earnings 10 years after entry, segmented by demographic. Reveals gaps the headline median can't show.

By Gender

Female graduates
$31,600

Median earnings for female grads ten years after first enrolling here.

Male graduates
$45,900

Median earnings for male grads ten years after first enrolling here.


By Family Income at Entry

Family income (lowest third)
$30,000

Earnings of grads from the bottom-third of family incomes at entry.

Family income (middle third)
$38,100

Earnings of grads from the middle-third of family incomes at entry.

Family income (highest third)
$36,900

Earnings of grads from the top-third of family incomes at entry.

The gender gap: Male graduates earn $14,300, about 31% more than female graduates ten years out. The gap reflects industry mix, role choice, and structural pay differences that exist across most US colleges.

Loan Repayment Progression

Share of completer-cohort borrowers paying down at least $1 of principal at the 1-, 3-, 5-, and 7-year mark. Climbing rates show graduates settling into careers and managing debt; flat or declining rates are a warning.

Climbing: graduates increasingly paying down debt 25.6 pts across 6 years
41%1yr47.7%3yr54.8%5yr66.6%7yr
What this signals: Moderate. Only 67% of graduates are paying down principal seven years out.

Who Studies Here

Rasmussen University-Minnesota is home to 8,617 students, a large student community. Some distinctive traits: 48% are first-generation college students, 48% study part-time.

Total Enrolled
8,617
Part-Time
48%
First-Generation
48%

Race & Ethnicity Breakdown

Undergraduate student body composition reported to the US Department of Education.

GroupShareStudents
White 39.6% 3,411
Black 31.0% 2,667
Hispanic 11.7% 1,004
Asian 2.9% 251
Other 2.5% 217
White: 39.6% (3,411 students)Black: 31.0% (2,667 students)Hispanic: 11.7% (1,004 students)Asian: 2.9% (251 students)Other: 2.5% (217 students)Total8,617

Student Life & Campus Culture

Where students live, learn, and connect at Rasmussen University-Minnesota. The campus setting, housing profile, and signals that shape day-to-day life here.

Setting
Small City St. Cloud, Minnesota
Housing
Commuter campus No on-campus housing
Adult Learners
80% of students are 25 or older
Athletics
NAIA athletic-conference member
Academic Calendar
Quarter scheduling structure

What You Can Study

Rasmussen University-Minnesota offers an extensive catalog of programs: 40 distinct programs across 9 majors. Below are its strongest majors, each with flagship programs and typical earnings. Open a major to explore it in depth, or browse the full program catalog.

15 Programs
11 Programs
2 Programs
2 Programs
  • Human $49K ($35K–$63K)
  • Human $49K ($35K–$63K)
1 Program
3 Programs
1 Program

Faculty & Resources

The student-to-faculty ratio at Rasmussen University-Minnesota is 14:1, close to the national average.

Student : Faculty
14:1
Students per instructional faculty member
Avg Faculty Salary
$67,920
9-month equivalent across all ranks

Faculty by Rank

101 instructional faculty across 1 ranks. The rank mix shows how many senior faculty are teaching versus contingent or junior staff, with average salary equated to a 9-month contract.

Rank Faculty Count Share Avg Salary
Instructors 101 100% $67,920

Pros & Cons of Rasmussen University-Minnesota

A quick at-a-glance summary of how Rasmussen University-Minnesota tends to stack up for prospective students,weighing its data, size, setting, and cost profile together.

PROS
  • Below-average net price
  • Reasonable class sizes
  • Strong first-year retention
  • Wide reach of need-based federal aid
  • First-gen-friendly student body
CONS
  • Low completion rate, many students don't graduate within six years
  • Earnings outcomes are on the lower side
  • Most students take on federal loans
  • For-profit institution, verify accreditation and outcomes carefully
Best for: Based on the data, Rasmussen University-Minnesota is a fit for working adults or students needing part-time study options.

Frequently Asked Questions about Rasmussen University-Minnesota

Quick answers to the questions most students and parents ask. Every answer below is calculated from verified government data about Rasmussen University-Minnesota.

How much does Rasmussen University-Minnesota cost?
The average net price after aid at Rasmussen University-Minnesota is $17,962 per year, this is what students typically pay after grants and scholarships are applied. Net price data: College Scorecard 2023-24.
Is Rasmussen University-Minnesota worth it?
Moderate return on investment. Graduates earn a median of $39,080 ten years after entering, against an average net price of $17,962 per year. That's roughly 2.2x earnings-to-cost. Source: College Scorecard 2023-24.
What is Rasmussen University-Minnesota known for?
Rasmussen University-Minnesota is best known for its programs in Nursing, Business Administration, Nursing. These are the most popular fields by completed degrees, per IPEDS 2023-24 completion data.
What do Rasmussen University-Minnesota graduates earn?
Median earnings 10 years after entering Rasmussen University-Minnesota are $39,080, based on College Scorecard 2023-24 federal earnings data for Title IV recipients.
Is Rasmussen University-Minnesota accredited?
Yes. Rasmussen University-Minnesota is accredited by the Higher Learning Commission.
How many students attend Rasmussen University-Minnesota?
Rasmussen University-Minnesota enrolls 8,617 students, per IPEDS 2023-24 fall enrollment data.
What is the graduation rate at Rasmussen University-Minnesota?
Rasmussen University-Minnesota graduates 39% of full-time students within six years, per IPEDS 2023-24 completion data.
Is Rasmussen University-Minnesota a public or private college?
Rasmussen University-Minnesota is a Private For-Profit institution.
Where is Rasmussen University-Minnesota located?
Rasmussen University-Minnesota is located in St. Cloud, Minnesota.
What programs does Rasmussen University-Minnesota offer?
Rasmussen University-Minnesota offers 40 distinct programs. The most popular include Nursing, Business Administration, Nursing.
What is the student-to-faculty ratio at Rasmussen University-Minnesota?
The student-to-faculty ratio at Rasmussen University-Minnesota is 14:1, per IPEDS 2023-24 data.

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