Rasmussen University-Minnesota
St. Cloud, MN 56301-3713
About Rasmussen University-Minnesota
Rasmussen University-Minnesota is a private for-profit two-year college in St. Cloud, Minnesota, serving roughly 8,617 students. The college offers associate degrees, career certificates, and transfer pathways to four-year universities. Typical net price after grant aid is about $17,962 for students who receive it, compared with published tuition near $11,490.
Key findings
- Rasmussen University-Minnesota charges 31% below the national private for-profit median tuition ($11,490).
- Versus the Minnesota median, sticker tuition is 18% above.
- Completion within 150% of normal time is 53.49%.
- Median earnings 10 years after entry are $39,080.
Research findings
Finding
Modeled return on investment at Rasmussen University-Minnesota is strong.
Estimated ROI reaches about 444% using Scorecard cost and 10-year earnings fields in this extract.
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-Minnesota | $11,490 | $17,962 | 1 |
| Private For-profit (national median) | $16,637 | — | 477 |
| Minnesota (state median) | $9,706 | $13,322 | 92 |
| Town (locale median) | $9,600 | $14,971 | 1,517 |
| 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.
How expensive is Rasmussen University-Minnesota really?
Key findings
- Rasmussen University-Minnesota charges 31% below the national private for-profit median tuition ($11,490).
- Versus the Minnesota median, sticker tuition is 18% above.
Rasmussen University-Minnesota tuition
Published undergraduate tuition $11,490
Finding Rasmussen University-Minnesota charges 31% below the national private for-profit median tuition.
Evidence Published tuition is $11,490. That is 31% below the national private for-profit median ($16,637). Versus the Minnesota median ($9,706), sticker tuition is 18% above. Versus the U.S. median ($11,900), sticker is 3% below.
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-Minnesota versus school-type, state, locale, and U.S. medians.
Evidence: average net price at Rasmussen University-Minnesota versus state, locale, and U.S. medians.
What undergraduates typically pay
Finding Average net price at Rasmussen University-Minnesota is $17,962.
Evidence College Scorecard average net price is $17,962 (cost of attendance minus average grant aid for aided undergraduates). That is about $4,640 above the Minnesota median net price. Versus town campuses, net price runs $2,991 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-Minnesota, average net price exceeds published tuition alone because net price uses a fuller cost-of-attendance base.
Rasmussen University-Minnesota: research record
Canonical EDsmart Data findings for Rasmussen University-Minnesota—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
$11,490
Avg. net price
$17,962
Net price by family income
| Income bracket | Avg. annual net price |
|---|---|
| $0–$30,000 | $17,104 |
| $30,001–$48,000 | $17,088 |
| $48,001–$75,000 | $19,170 |
| $75,001–$110,000 | $22,575 |
| $110,001+ | $20,667 |
Sticker tuition × four years (estimate, no room/board): $45,960. See cost investigation.
Student outcomes
Share of first-year students returning the following fall.
Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.
What Rasmussen University-Minnesota is known for
Top program completions
- Early Childhood Education & Teaching621
- Registered Nursing/Registered Nurse452
- Medical Insurance Coding Specialist/Coder435
- Executive Assistant/Executive Secretary284
- Business Administration and Management, General219
See earnings & programs for more.
Is Rasmussen University-Minnesota a good school?
Data-framed fit—not a prestige rating.
Rasmussen University-Minnesota 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.
More from the data
Location, control, enrollment, and aid context for Rasmussen University-Minnesota.
Campus
Location
St. Cloud, MN
City / state
- ZIP
- 56301-3713
- NCES locale
- Town
Compared with Town campuses nationally, net price is 20% above the median for Town campuses ($14,971 median).
Control
Institution type
Private For-profit
Control
- Region
- Plains
- Carnegie
- Special Focus Four-Year: Medical Schools and Centers
Size
Enrollment
8,617
Total enrollment
- Undergraduate
- 16,049
- Graduate
- 783
- Full-time share
- 52%
Student aid
Debt & aid
$20,899
Median federal loan debt
- Pell grant share
- 59.57%
Total Cost, Aid & Default
Total Cost of Attendance
Tuition vs average net price after aid for Rasmussen University-Minnesota.
Financial Aid by Income Level
Financial aid distribution by income level.
Student Loan Default Rate
The published 3-year cohort default rate for borrowers at Rasmussen University-Minnesota was 0.00%.
Cohort default rates account for borrowers who default in the first three years.
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-Minnesota in that year.
Reporting years in the table below: 2013–2023 (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 | $20,689 |
| 2014 | $10,764 | $10,764 | $16,983 |
| 2015 | $9,360 | $9,360 | $16,527 |
| 2016 | $9,360 | $9,360 | $17,313 |
| 2017 | $10,935 | $10,935 | $16,547 |
| 2018 | $10,935 | $10,935 | $17,114 |
| 2019 | $10,935 | $10,935 | $18,586 |
| 2020 | $12,233 | $12,233 | $19,075 |
| 2021 | $12,263 | $12,263 | $20,339 |
| 2022 | $11,205 | $11,205 | $20,334 |
| 2023 | $10,899 | $10,899 | $19,071 |
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.
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.
Enrollment & Student Demographics
Rasmussen University-Minnesota reported total enrollment of about 8,617 students in the latest College Scorecard extract. The student body is about 15% male and 85% female. Enrollment by race and ethnicity includes White (39.6%), Black or African American (30.9%), and Race/ethnicity unknown (12.4%). About 59.57% of undergraduates receive Pell Grants. Roughly 47.6% of students are first-generation college students.
Full-Time vs Part-Time Enrollment
52.4% Full-Time Enrollment
The total enrollment at Rasmussen University-Minnesota in 2024 is 8,617 students.
Undergraduate enrollment is about 16,049 students. Graduate enrollment is about 783 students.
Full-time vs part-time enrollment comparison.
Retention Rate over Time
100.0%
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
Largest share of total enrollment in our College Scorecard extract.
College Scorecard student demographics (total enrollment shares).
Do students complete their programs?
Time to Complete
0.00% 100% Completion Time
53.49% 150% Completion Time
In 2024, 0.00% of students graduating from Rasmussen University-Minnesota completed their program within 100% "normal time".
Completion rates over time compared to similar institutions.
Completions by Sex (Top Programs)
- Early Childhood Education & Teaching: 2% male / 98% female
- Registered Nursing/Registered Nurse: 12% male / 88% female
- Medical Insurance Coding Specialist/Coder: 2% male / 98% female
IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).
Completions by Race & Ethnicity
Largest group by summed IPEDS award counts across reported programs.
Summed across program completion records in our extract.
Rasmussen University-Minnesota graduates earn a median of $39,080 ten years after entry
Finding Earnings, debt, and program mix define the financial profile of Rasmussen University-Minnesota.
Evidence Median earnings 10 years after entry: $39,080. Median federal loan debt: $20,899. Average net price used in cost models: $17,962.
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-Minnesota graduates report median earnings of $39,080 ten years after entry—an institution-wide outcomes signal, not a program guarantee.
Return on Investment
Debt and 4-year net cost vs. cumulative 10-year median earnings for Rasmussen University-Minnesota.
Top Programs by Completions
Largest 10 programs by IPEDS completions (40 reported codes; aggregate/unknown CIP buckets excluded).
IPEDS award counts for the largest programs at Rasmussen University-Minnesota.
Employment Outcomes
Median earnings 6, 8, and 10 years after entry for Rasmussen University-Minnesota graduates.
Institutional resources
Finding: federal finance and Scorecard instructional fields for Rasmussen University-Minnesota—instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.
Instructional Resources
- Full-time faculty share: 9.5%
- Minnesota median 43.1 pp below median (52.6%)
- Plains median 55.2 pp below median (64.7%)
- U.S. median 48.5 pp below median (58.0%)
- Average faculty salary (monthly): $6,523
- Minnesota median 0.71× the median ($9,138)
- Plains median 0.91× the median ($7,194)
- U.S. median 0.86× the median ($7,615)
- Instructional expenditure per FTE: $3,112
- Minnesota median 0.35× the median ($8,795)
- Plains median 0.38× the median ($8,150)
- U.S. median 0.43× 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-Minnesota at a glance
Rasmussen University-Minnesota
Rasmussen University-Minnesota is a private for-profit institution in St. Cloud, MN, classified as Special Focus Four-Year: Medical Schools and Centers.
- Largest programs (IPEDS awards)
- Early Childhood Education & TeachingRegistered Nursing/Registered NurseMedical Insurance Coding Specialist/Coder
- Largest enrollment groups
- White or Caucasian39.6%Black or African American30.9%Race/ethnicity unknown12.4%
Schools near Rasmussen University-Minnesota
Other campuses in St. Cloud, MN when available, plus nearby institutions in Minnesota.
Similar schools
Peers matched by the same EDsmart outcomes grade (Grade C) within Minnesota, then by similar ownership and admissions.
Frequently Asked Questions
Where is Rasmussen University-Minnesota located?
Rasmussen University-Minnesota is located in St. Cloud, MN.
What is Rasmussen University-Minnesota's tuition?
Rasmussen University-Minnesota tuition (published undergraduate sticker price) is $11,490 in the latest College Scorecard data. Average net price after grant aid is $17,962 for undergraduates receiving Title IV aid.
How much does Rasmussen University-Minnesota cost?
Reported tuition is $11,490 and average net price is $17,962 in the latest College Scorecard data. On-campus room and board is estimated at $10,269 annually.
What explains Rasmussen University-Minnesota's return on investment in EDsmart Data?
EDsmart Data models ROI using campus average net price ($17,962), completion (53.5% 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-Minnesota?
Rasmussen University-Minnesota reports undergraduate enrollment of about 16,049 students, White (39.6%), Black or African American (30.9%) in federal College Scorecard data.
How many first-generation students attend Rasmussen University-Minnesota?
About 47.6% of students at Rasmussen University-Minnesota are first-generation college students.
What do graduates of Rasmussen University-Minnesota 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-Minnesota?
The 150%-time completion rate is 53.5% for the cohort reported to the College Scorecard.
How much debt do Rasmussen University-Minnesota students have?
Median federal loan debt among completers is $20,899.
Is Rasmussen University-Minnesota public or private?
Rasmussen University-Minnesota is a private for-profit institution located in St. Cloud, MN.
Is Rasmussen University-Minnesota an HBCU?
No. Rasmussen University-Minnesota is not flagged as an HBCU in the IPEDS institutional directory.
Is Rasmussen University-Minnesota a tribal college?
No. Rasmussen University-Minnesota is not flagged as a tribal college in IPEDS.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
- Related geography & profiles
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.