Active Report Report ID: EDU-448673-2026

Rasmussen University-Illinois

Rockford, IL 61108-2513

Tuition$14,078Published sticker
Avg. net price$19,854After aid
Graduation rate42.53%150% time
Median salary$39,08010yr post-entry
ROI392%10yr vs net cost

About Rasmussen University-Illinois

Rasmussen University-Illinois is a private for-profit two-year college in Rockford, Illinois, enrolling about 1,145 students. The college offers associate degrees, career certificates, and transfer pathways to four-year universities. Typical net price after grant aid is about $19,854 for students who receive it, compared with published tuition near $14,078. Student demographics in federal data include Black or African American (54.4%) and White (14.1%) among the largest enrollment groups.

Key findings

  • Rasmussen University-Illinois charges 15% below the national private for-profit median tuition ($14,078).
  • Versus the Illinois median, sticker tuition is 6% above.
  • Completion within 150% of normal time is 42.53%.
  • Median earnings 10 years after entry are $39,080.

Research findings

01

Finding

Modeled return on investment at Rasmussen University-Illinois is strong.

Estimated ROI reaches about 392% using Scorecard cost and 10-year earnings fields in this extract.

— Evidence from EDsmart Data analysis

Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.

Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.

Cost benchmarks

Benchmark Median Tuition Median Net Price Count
Rasmussen University-Illinois$14,078$19,8541
Private For-profit (national median)$16,637477
Illinois (state median)$13,248$7,399131
Suburban (locale median)$13,135$18,048684
United States (national median)$11,900$17,156

Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.

Cost

How expensive is Rasmussen University-Illinois really?

Source College Scorecard + EDsmart aggregatesMethod Sticker vs net; peer mediansUpdated 2026 extractCoverage Undergraduate (Title IV net price)Confidence Federal extract

Key findings

  • Rasmussen University-Illinois charges 15% below the national private for-profit median tuition ($14,078).
  • Versus the Illinois median, sticker tuition is 6% above.
Published sticker

Rasmussen University-Illinois tuition

Published undergraduate tuition $14,078

Finding Rasmussen University-Illinois charges 15% below the national private for-profit median tuition.

Evidence Published tuition is $14,078. That is 15% below the national private for-profit median ($16,637). Versus the Illinois median ($13,248), sticker tuition is 6% above. Versus the U.S. median ($11,900), sticker is 18% above.

Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.

Interpretation Published tuition measures sticker price relative to private for-profit and geographic peers; it does not equal what undergraduates typically pay after aid.

Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.

Evidence: published tuition at Rasmussen University-Illinois versus school-type, state, locale, and U.S. medians.

Evidence: average net price at Rasmussen University-Illinois versus state, locale, and U.S. medians.

Average net price

What undergraduates typically pay

Finding Average net price at Rasmussen University-Illinois is $19,854.

Evidence College Scorecard average net price is $19,854 (cost of attendance minus average grant aid for aided undergraduates). That is about $12,455 above the Illinois median net price. Versus suburban campuses, net price runs $1,806 above the locale median.

Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.

Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.

Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.

Key takeaway At Rasmussen University-Illinois, average net price exceeds published tuition alone because net price uses a fuller cost-of-attendance base.

School guide

Rasmussen University-Illinois: research record

Canonical EDsmart Data findings for Rasmussen University-Illinois—costs, outcomes, admissions, and programs—with evidence and methodology notes.

Research findings

Interpretation

The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.

Financial profile

Annual tuition

$14,078

Avg. net price

$19,854

Net price by family income

Income bracketAvg. annual net price
$0–$30,000$19,000
$30,001–$48,000$21,396
$75,001–$110,000$24,604
$110,001+$17,655

Sticker tuition × four years (estimate, no room/board): $56,312. See cost investigation.

Student outcomes

First-year retention53.1%

Share of first-year students returning the following fall.

$41,436Median earnings (6 years after entry)

Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.

Is Rasmussen University-Illinois a good school?

Data-framed fit—not a prestige rating.

Rasmussen University-Illinois is a good school for those looking for strong completion alongside solid mid-career earnings.

EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.

Earnings outcomes
Campus snapshot

More from the data

Location, control, enrollment, and aid context for Rasmussen University-Illinois.

Campus

Location

Rockford, IL

City / state

ZIP
61108-2513
NCES locale
Suburb

Compared with Suburban campuses nationally, net price is 10% above the median for Suburban campuses ($18,048 median).

Control

Institution type

Private For-profit

Control

Region
Great Lakes
Carnegie
Master's Colleges and Universities: Larger Programs

Size

Enrollment

1,145

Total enrollment

Undergraduate
2,094
Full-time share
29%

Student aid

Debt & aid

$20,899

Median federal loan debt

Pell grant share
61.94%
Cost detail

Total Cost, Aid & Default

Total Cost of Attendance

$79,416Estimated 4-year total cost
$19,854Average annual net price (after aid)
$56,3124-year tuition
$10,269Room & board (annual, on-campus estimate)
$34Books & supplies (annual estimate)
$24,381Estimated annual sticker (tuition + room/board + books)
$97,524Estimated 4-year sticker (before aid)

Tuition vs average net price after aid for Rasmussen University-Illinois.

Financial Aid by Income Level

61.94% Undergraduates receiving aid through grants
78.15% Undergraduates receiving aid through loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00% 3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Rasmussen University-Illinois was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Multi-year tracker

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Rasmussen University-Illinois in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$10,764$10,764$18,572
2014$10,764$10,764$17,814
2015$9,360$9,360$17,311
2016$9,360$9,360$17,536
2017$10,935$10,935$18,067
2018$10,935$10,935$16,713
2019$10,935$10,935$18,744
2020$12,311$12,311$18,908
2021$11,743$11,743$18,181
2022$11,738$11,738$18,394
2023$13,546$13,546$18,470

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Access

How difficult is it to get in?

Acceptance Rate

Acceptance rate data is not available for this institution.

Admissions funnel data is not available for this institution.

Test Scores

Test score data is not available for this institution.

Score distribution is not available for this institution.

Academic Requirements

GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.

Estimated GPA range is not available for this institution.

Student body

Enrollment & Student Demographics

Rasmussen University-Illinois reported total enrollment of about 1,145 students in the latest College Scorecard extract. The student body is about 10% male and 90% female. Enrollment by race and ethnicity includes Black or African American (54.4%), White (14.1%), and Hispanic or Latino (13.5%). About 61.94% of undergraduates receive Pell Grants. Roughly 47.6% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

29.3% Full-Time Enrollment

The total enrollment at Rasmussen University-Illinois in 2024 is 1,145 students.

Undergraduate enrollment is about 2,094 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

53.1%
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.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

54.4%Black or African American
9Reported race/ethnicity groups

Largest share of total enrollment in our College Scorecard extract.

  • Black or African American54.4%
  • White or Caucasian14.1%
  • Hispanic or Latino13.5%
  • Race/ethnicity unknown12.8%
  • Asian3.8%
  • American Indian or Alaska Native0.8%
  • Two or More Races0.6%
  • Native Hawaiian or Other Pacific Islander0.0%
  • Non-Resident Alien0.0%

College Scorecard student demographics (total enrollment shares).

Outcomes

Do students complete their programs?

Time to Complete

42.53% 100% Completion Time

42.53% 150% Completion Time

In 2024, 42.53% of students graduating from Rasmussen University-Illinois completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Registered Nursing/Registered Nurse: 10% male / 90% female
  • Early Childhood Education & Teaching: 0% male / 100% female
  • Medical/Clinical Assistant: 0% male / 100% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

441Black or African American
7Reported groups

Largest group by summed IPEDS award counts across reported programs.

  • Black or African American441
  • White or Caucasian181
  • Hispanic or Latino141
  • Asian24
  • Two or More Races18
  • American Indian or Alaska Native5
  • Native Hawaiian or Other Pacific Islander0

Summed across program completion records in our extract.

Outcomes & academic profile

Rasmussen University-Illinois graduates earn a median of $39,080 ten years after entry

Source College ScorecardMethod Earnings + debt + net price modelsUpdated 2026 extractCoverage Institution-wideConfidence Federal extract

Finding Earnings, debt, and program mix define the financial profile of Rasmussen University-Illinois.

Evidence Median earnings 10 years after entry: $39,080. Median federal loan debt: $20,899. Average net price used in cost models: $19,854.

Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.

Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.

Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.

Key takeaway Rasmussen University-Illinois graduates report median earnings of $39,080 ten years after entry—an institution-wide outcomes signal, not a program guarantee.

Return on Investment

392%Modeled return on investment
$20,899Median student debt
$39,080Median annual earnings (10 years)
53.48%Debt-to-earnings ratio
5.3 yearsEstimated payback period

Debt and 4-year net cost vs. cumulative 10-year median earnings for Rasmussen University-Illinois.

Top Programs by Completions

Largest 10 programs by IPEDS completions (20 reported codes; aggregate/unknown CIP buckets excluded).

  1. Early Childhood Education & Teaching 64
  2. Public Administration and Social Service 12

IPEDS award counts for the largest programs at Rasmussen University-Illinois.

Employment Outcomes

$39,080Median earnings (10 years after entry)
$41,436Median earnings (6 years after entry)
$41,304Median earnings (8 years after entry)
83.88%Working & not enrolled (8-year cohort share)

Median earnings 6, 8, and 10 years after entry for Rasmussen University-Illinois graduates.

Institutional resources

Finding: federal finance and Scorecard instructional fields for Rasmussen University-Illinois—instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.

Instructional Resources

  • Full-time faculty share: 17.1%
    • Illinois median 33.8 pp below median (50.8%)
    • Great Lakes median 41.0 pp below median (58.1%)
    • U.S. median 40.9 pp below median (58.0%)
  • Average faculty salary (monthly): $6,749
    • Illinois median 0.79× the median ($8,563)
    • Great Lakes median 0.84× the median ($8,046)
    • U.S. median 0.89× the median ($7,615)
  • Instructional expenditure per FTE: $5,683
    • Illinois median 0.75× the median ($7,575)
    • Great Lakes median 0.74× the median ($7,690)
    • U.S. median 0.78× the median ($7,288)

Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.

Scorecard instructional metrics where reported.

Rasmussen University-Illinois at a glance

Institution snapshot

Rasmussen University-Illinois

Rockford, IL 61108-2513 · Private For-profit · Great Lakes

Rasmussen University-Illinois is a private for-profit institution in Rockford, IL, classified as Master's Colleges and Universities: Larger Programs.

Tuition$14,078
Avg. net price$19,854
Enrollment1,145
Completion (150%)42.53%
Pell Grant share61.94%
First-generation47.6%
Largest programs (IPEDS awards)
Registered Nursing/Registered NurseEarly Childhood Education & TeachingMedical/Clinical Assistant
Largest enrollment groups
Black or African American54.4%
White or Caucasian14.1%
Hispanic or Latino13.5%
Opportunity College (2025)
Higher access & higher earnings · Browse OCU directory
Nearby

Schools near Rasmussen University-Illinois

Other campuses in Rockford, IL when available, plus nearby institutions in Illinois.

Peers

Similar schools

Peers matched by the same EDsmart outcomes grade (Grade D) within Illinois, then by similar ownership and admissions.

Frequently Asked Questions

Where is Rasmussen University-Illinois located?

Rasmussen University-Illinois is located in Rockford, IL.

What is Rasmussen University-Illinois's tuition?

Rasmussen University-Illinois tuition (published undergraduate sticker price) is $14,078 in the latest College Scorecard data. Average net price after grant aid is $19,854 for undergraduates receiving Title IV aid.

How much does Rasmussen University-Illinois cost?

Reported tuition is $14,078 and average net price is $19,854 in the latest College Scorecard data. On-campus room and board is estimated at $10,269 annually.

What explains Rasmussen University-Illinois's return on investment in EDsmart Data?

EDsmart Data models ROI using campus average net price ($19,854), completion (42.5% within 150% of normal time where reported), and median earnings ten years after entry ($39,080). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.

What is the student body demographics at Rasmussen University-Illinois?

Rasmussen University-Illinois reports undergraduate enrollment of about 2,094 students, Black or African American (54.4%), White (14.1%) in federal College Scorecard data.

How many first-generation students attend Rasmussen University-Illinois?

About 47.6% of students at Rasmussen University-Illinois are first-generation college students.

What do graduates of Rasmussen University-Illinois earn?

Median earnings are $41,436 six years after entry and $39,080 ten years after entry.

What is the graduation rate at Rasmussen University-Illinois?

The 150%-time completion rate is 42.5% for the cohort reported to the College Scorecard.

How much debt do Rasmussen University-Illinois students have?

Median federal loan debt among completers is $20,899.

Is Rasmussen University-Illinois public or private?

Rasmussen University-Illinois is a private for-profit institution located in Rockford, IL.

Is Rasmussen University-Illinois an HBCU?

No. Rasmussen University-Illinois is not flagged as an HBCU in the IPEDS institutional directory.

Is Rasmussen University-Illinois a tribal college?

No. Rasmussen University-Illinois is not flagged as a tribal college in IPEDS.

Data Sources

This page uses data from the following sources:

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology & Data Scope

This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.

Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.