Rasmussen University-Minnesota
A good fit for students from lower-income families. for-profit institutions have higher scrutiny — research carefully. 60% of students receive Pell Grants — strong access mission; 100% freshman retention — students rarely leave.
About This School
Rasmussen University-Minnesota is a private for-profit institution located in St. Cloud, Minnesota with approximately 8,617 undergraduate students enrolled. The average net price after financial aid is $17,962 per year. The graduation rate is 53%, and the typical graduate earns $34,300 within 10 years of enrollment.
The numbers tell a mixed story here: the 100% freshman retention rate is genuinely impressive and suggests strong early student support, but a 53% graduation rate means nearly half of students who enroll don't finish — worth taking seriously before committing. At $19,071/year after aid and a relatively low median debt of $13,000, the cost is manageable, but median earnings of $34,300 a decade after enrollment are modest and may not justify the investment depending on your program. Worth considering if you need flexible, career-focused programs and have a clear plan to complete your degree, but shop around and compare specific programs before deciding.
Popular Programs
Percentage of degrees awarded. Source: College Scorecard.
Admissions
SAT Scores
ACT Scores
Cost & Financial Aid
Net Price by Family Income
Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.
Financial Aid
Full Cost
After Graduation
Earnings 6 Years After Enrollment, by Gender
Gap: 23% less for female graduates. National avg ~16%.
Will This School Pay Off?
Solid return. Earnings outpace debt, though major choice matters.
Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.
Student Body
Source: U.S. Department of Education College Scorecard (8,617 undergraduates).
Contact & Location
Address
Rasmussen University-Minnesota
226 Park Avenue South
St. Cloud, MN 56301-3713
Official Links
Other Schools in Minnesota
University of Minnesota
Minneapolis, MN · Public
Capella University
Minneapolis, MN · Private for-profit
Minnesota State University-Mankato
Mankato, MN · Public
Walden University
Minneapolis, MN · Private for-profit
University of Minnesota-Duluth
Duluth, MN · Public
Normandale Community College
Bloomington, MN · Public
Sources & Methodology
Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.
- Earnings figures are institution-level averages, not major-specific.
- Some metrics are based on Title IV financial aid recipients only.
- Some values may be privacy-suppressed or rolled up by the Department of Education.
- Contact the school directly for current admissions requirements and costs.
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