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Sunday, December 22, 2024

Cost of college went up for all students at Rasmussen College-Illinois

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Tuition and fees rose 16.8 percent for 2017-18 at Rasmussen College-Illinois, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $10,935 to attend the four-year private for-profit institution this year $1,575 more than the $9,360 charged for 2016-17.

Data shows 88 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 20 students received grants or scholarships totaling $85,324 and 21 students took out student loans totaling more than $129,320.

Including all undergraduates, 950 students used grants or scholarships totaling $3.79 million. Another 1,145 took out $7.37 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~1,544
$10,764
$9,360
$9,360
$10,935
1.6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Rasmussen College-Illinois in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
17
68%
$80,470
$4,734
State / local grant or scholarship
4%
Institutional grants or scholarships
5
20%
$4,104
$821
Grant or scholarship aid total
20
80%
$85,324
$4,266
Federal student loans
21
84%
$129,320
$6,158
Other student loans
0
0%
$0
Student loan aid
21
84%
$129,320
$6,158
Total student aid
22
88%

Editor's note: A previous version of this story incorrectly described the cost of attendance, which includes both tuition and fees.

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