by our College Data Analytics TeamThe total cost of attendance at Rasmussen University - Illinois can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
Rasmussen University - Illinois average financial aid offer for freshmen students is $4,760.00. 98% of first-year students are awarded financial aid, primarily comprising loans.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Rasmussen University - Illinois.
As well as scholarships, 93% of freshmen (88 total) obtained a federal grant, for about $4,715.00 a piece.
The following scholarships and grants are composed of primarily federal grants, and some local and state grants.
93% of first-year students at Rasmussen University - Illinois (88 total) obtained a federal grant, averaging $4,715.00.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 69.47% | $4,700.00 |
| Income 30k-48k | 6.32% | $4,723.00 |
| Income 48k-75k | 7.37% | $3,051.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 8.42% | $4,039.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 95 undergraduate students at Rasmussen University - Illinois around 98% (90 total) receive some form of grant aid. The typical amount awarded was $4,760.00.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.