Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 85.56% of students received grants or scholarships and 85% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,135 (67%)$3,6691,068 (63%)$3,4241,415 (83%)$8,248
2014-151,148 (73%)$3,9391,007 (64%)$3,4951,225 (78%)$8,066
2015-16950 (69%)$3,994871 (64%)$3,6401,145 (84%)$6,439
2016-171,153 (73%)$5,551941 (60%)$3,9421,286 (82%)$8,604
2017-181,305 (78%)$5,8951,107 (66%)$4,1461,442 (86%)$9,140
2018-191,580 (92%)$4,3841,148 (67%)$4,6891,434 (83%)$8,901
2019-201,769 (84%)$5,3031,430 (68%)$4,8131,816 (86%)$8,134
2020-212,167 (90%)$5,4901,645 (68%)$5,1312,156 (90%)$9,018
2021-221,978 (75%)$5,3701,639 (63%)$4,9592,129 (81%)$9,290
Average1,465 (77.89%)$4,8441,206 (64.78%)$4,2491,561 (83.67%)$8,427
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1450 (85%)$4,68453 (90%)$8,774
2014-1546 (92%)$5,71845 (90%)$8,135
2015-1620 (80%)$4,26621 (84%)$6,158
2016-1758 (76%)$4,81553 (70%)$5,790
2017-18126 (86%)$5,422121 (83%)$7,328
2018-1976 (76%)$4,66766 (66%)$7,543
2019-2090 (95%)$4,82287 (92%)$6,300
2020-2184 (93%)$6,42483 (92%)$8,384
2021-2268 (87%)$5,82574 (95%)$8,285
Average69 (85.56%)$5,18367 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1444 (75%)$4,5896 (10%)$46710 (17%)$1,25014 (24%)$1,214
2014-1542 (84%)$4,8466 (12%)$6678 (16%)$97528 (56%)$1,704
2015-1617 (68%)$4,5227 (28%)$5141 (4%)$7505 (20%)$821
2016-1751 (67%)$4,27213 (17%)$1,1328 (11%)$42230 (39%)$1,443
2017-18115 (79%)$4,07021 (14%)$1,7143 (2%)$6,82673 (50%)$2,173
2018-1969 (69%)$4,67515 (15%)$600--25 (25%)$924
2019-2087 (92%)$4,49933 (35%)$714--17 (18%)$1,120
2020-2176 (84%)$5,95669 (77%)$1,041--17 (19%)$892
2021-2266 (85%)$5,66521 (27%)$619--10 (13%)$919
Average63 (78.11%)$4,78821 (26.11%)$8306 (10.00%)$2,04524 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1453 (90%)$8,77453 (90%)$8,774--
2014-1545 (90%)$8,13545 (90%)$8,135--
2015-1621 (84%)$6,15821 (84%)$6,158--
2016-1753 (70%)$5,79053 (70%)$5,790--
2017-18121 (83%)$7,328121 (83%)$7,328--
2018-1966 (66%)$7,54366 (66%)$7,543--
2019-2087 (92%)$6,30087 (92%)$6,300--
2020-2183 (92%)$8,38482 (91%)$8,2791 (1%)$17,000
2021-2274 (95%)$8,28574 (95%)$8,2251 (1%)$4,500
Average67 (84.67%)$7,41167 (84.56%)$7,3921 (1.00%)$10,750

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