Student Loans, Grants, And Discounts

Maximize Your Education. Minimize Your Debt.

At Rasmussen College, we understand that your higher education is one of the biggest investments you will make in your life. We work to help you make your investment more affordable and successful.

You have many options for financing your college education. Whether you choose to take advantage of loans, grants, or tuition discounts, opportunities are available to you through federal and state agencies, and at Rasmussen College, we offer several grants and tuition discounts to qualifying students.

Click on the tabs below to learn more about opportunities to help finance your college degree and make your higher education investment successful.

  • Rasmussen Funding
  • Federal Funding
  • State Funding

Rasmussen College Student Grants and Tuition Discounts

Learning Innovation Grant
The Rasmussen College Learning Innovation Grant is for incoming students who enroll in Flex Choice ® Competency-Based hybrid programs with an enrollment start date of January 2017 or later. Rasmussen College will grant a maximum of $1,650. These grants will be awarded in quarterly increments of $275 per quarter beginning in the student’s third full quarter of enrollment at Rasmussen College.
See Eligibility Requirements

Fast-track Tuition Discount
Students taking sixteen or more credits shall only be charged for sixteen credits. For every course taken beyond four courses, students will only be assessed a $175 course resource and technology fee and a $10 fee per textbook for each faculty-led course. See course catalog for textbook opt-out policy.

Corporate Discount¹
Part-time students employed by a Rasmussen College corporate partner are eligible for a 10% tuition discount.

Military Discount¹
All current and retired military personnel, as well as veterans, enrolling in a degree, Diploma, or Certificate program are eligible for a 10% tuition discount. Rasmussen College also extends the 10% discount to the spouse and dependents, age 18-21, of any service member on active duty.² This discount applies to part-time students.

¹ Students cannot receive both corporate and military discounts.
² In order to qualify for the discount, all admission requirements must be completed, and enrolling students must provide proof of service by submitting an actual or faxed copy of their military ID card, including expiration date. Retired military personnel must provide valid military retiree ID or DD 214 form. Spouses and dependents must provide an actual or faxed copy of their dependent military ID card, which includes an expiration date.

Federal Loans and Grants

The United States federal government offers college students several types of loans and grants to those who qualify. These loans and grants are one resource to help you finance your higher education.

Federal Loans

Federal Subsidized Stafford Loans
These loans do not accrue interest while you are attending school at least half-time. Refer to your college catalog for loan limits.

Federal Unsubsidized Stafford Loans
These loans accrue interest at a low rate while you are attending school at least half-time. Refer to your college catalog for loan limits.

Federal PLUS loans
These loans are borrowed by a parent for his or her dependent son or daughter. Refer to your college catalog for loan limits.

Federal Grants

Federal Pell Grant Program
This grant is based on financial need of the applicant.  Refer to your college catalog for loan limits.

Federal Supplemental Educational Opportunity Grant
This grant is based on financial need awarded by the institution. Notification is made by the College regarding eligibility. Refer to your college catalog for loan limits.

View catalog for more information.

State College Funding Options

College funding is available at the state level and also varies by state. For more information about the state college funding available in your state, complete the form on the right and we will contact you shortly to discuss the opportunities available to you.

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