How Rasmussen University-Illinois's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Rasmussen University-Illinois since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,465, which is 77.89 % of all undergraduate students. 1,561 students which is 83.67% of undergraduate students received federal student loans and the average loan amount is $8,427.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,135 (67%)	$3,669	1,068 (63%)	$3,424	1,415 (83%)	$8,248
2014-15	1,148 (73%)	$3,939	1,007 (64%)	$3,495	1,225 (78%)	$8,066
2015-16	950 (69%)	$3,994	871 (64%)	$3,640	1,145 (84%)	$6,439
2016-17	1,153 (73%)	$5,551	941 (60%)	$3,942	1,286 (82%)	$8,604
2017-18	1,305 (78%)	$5,895	1,107 (66%)	$4,146	1,442 (86%)	$9,140
2018-19	1,580 (92%)	$4,384	1,148 (67%)	$4,689	1,434 (83%)	$8,901
2019-20	1,769 (84%)	$5,303	1,430 (68%)	$4,813	1,816 (86%)	$8,134
2020-21	2,167 (90%)	$5,490	1,645 (68%)	$5,131	2,156 (90%)	$9,018
2021-22	1,978 (75%)	$5,370	1,639 (63%)	$4,959	2,129 (81%)	$9,290
Average	1,465 (77.89%)	$4,844	1,206 (64.78%)	$4,249	1,561 (83.67%)	$8,427

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 69 (85.56 % of students) received grants or scholarships and its average amount is $5,183. It can cover 32.87% of tuition & fees ($15,768).

In addition, 67 (84.67 % of students) students get helped from the students loans (average amount : $7,411).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	50 (85%)	$4,684	53 (90%)	$8,774
2014-15	46 (92%)	$5,718	45 (90%)	$8,135
2015-16	20 (80%)	$4,266	21 (84%)	$6,158
2016-17	58 (76%)	$4,815	53 (70%)	$5,790
2017-18	126 (86%)	$5,422	121 (83%)	$7,328
2018-19	76 (76%)	$4,667	66 (66%)	$7,543
2019-20	90 (95%)	$4,822	87 (92%)	$6,300
2020-21	84 (93%)	$6,424	83 (92%)	$8,384
2021-22	68 (87%)	$5,825	74 (95%)	$8,285
Average	69 (85.56%)	$5,183	67 (84.67%)	$7,411

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 63 (78.11 % of students) received Pell (federal) grants and its average amount is $4,788.

In addition, 6 students received State/local government grants/scholarships (10.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	44 (75%)	$4,589	6 (10%)	$467	10 (17%)	$1,250	14 (24%)	$1,214
2014-15	42 (84%)	$4,846	6 (12%)	$667	8 (16%)	$975	28 (56%)	$1,704
2015-16	17 (68%)	$4,522	7 (28%)	$514	1 (4%)	$750	5 (20%)	$821
2016-17	51 (67%)	$4,272	13 (17%)	$1,132	8 (11%)	$422	30 (39%)	$1,443
2017-18	115 (79%)	$4,070	21 (14%)	$1,714	3 (2%)	$6,826	73 (50%)	$2,173
2018-19	69 (69%)	$4,675	15 (15%)	$600	-	-	25 (25%)	$924
2019-20	87 (92%)	$4,499	33 (35%)	$714	-	-	17 (18%)	$1,120
2020-21	76 (84%)	$5,956	69 (77%)	$1,041	-	-	17 (19%)	$892
2021-22	66 (85%)	$5,665	21 (27%)	$619	-	-	10 (13%)	$919
Average	63 (78.11%)	$4,788	21 (26.11%)	$830	6 (10.00%)	$2,045	24 (29.33%)	$1,246

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 67 (84.67 % of students) get any students loan help and its average loan amount is $67.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	53 (90%)	$8,774	53 (90%)	$8,774	-	-
2014-15	45 (90%)	$8,135	45 (90%)	$8,135	-	-
2015-16	21 (84%)	$6,158	21 (84%)	$6,158	-	-
2016-17	53 (70%)	$5,790	53 (70%)	$5,790	-	-
2017-18	121 (83%)	$7,328	121 (83%)	$7,328	-	-
2018-19	66 (66%)	$7,543	66 (66%)	$7,543	-	-
2019-20	87 (92%)	$6,300	87 (92%)	$6,300	-	-
2020-21	83 (92%)	$8,384	82 (91%)	$8,279	1 (1%)	$17,000
2021-22	74 (95%)	$8,285	74 (95%)	$8,225	1 (1%)	$4,500
Average	67 (84.67%)	$7,411	67 (84.56%)	$7,392	1 (1.00%)	$10,750

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Scholarships, Grants, and Loan Trends at Rasmussen University-Illinois

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time