For the 2022-23 school year, tuition at Rasmussen University-Florida dropped by 3.6%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private for-profit institution paid $11,291 this year, which is $416 less than the $11,707 charged during the 2021-22 academic year.
Approximately 64% of the undergraduate students at Rasmussen University-Florida are residents of Florida, while about 36% come from other states.
Data indicates that 95% of full-time undergraduates who began studies at Rasmussen University-Florida in 2022-23 received some form of financial aid. Specifically, 184 students were awarded grants or scholarships totaling $1.3 million, and 191 students obtained student loans exceeding $1.8 million.
Across the entire undergraduate population, 6,351 students benefited from grants or scholarships amounting to $37.3 million. Additionally, 6,141 students took out federal student loans totaling $55.5 million.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Rasmussen University-Florida in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 172 | 78% | $1.1 million | $6,517 |
| State / local grant or scholarship | 5 | 2% | $35,729 | $7,146 |
| Institutional grants or scholarships | 52 | 24% | $99,581 | $1,915 |
| Grant or scholarship aid total | 184 | 84% | $1.3 million | $6,828 |
| Federal student loans | 190 | 86% | $1.5 million | $8,066 |
| Other student loans | 11 | 5% | $257,918 | $23,447 |
| Student loan aid | 191 | 87% | $1.8 million | $9,374 |
| Total student aid | 209 | 95% | $3 million | $14,577 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
