Rasmussen College-Florida

rasmussen.edu

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2021 Undergraduate Tuition

$11,694

5.3% growth from 2020

2021 Average Net Price

$17,820

After Financial Aid

2019 Student Loan

1.62%

Default Rate

2021 Enrolled Students

8,469

49.9% Full-Time

About

Rasmussen College-Florida is a higher education institution located in Marion County, FL. In 2021, the most popular Associates Degree concentrations at Rasmussen College-Florida were Registered Nursing (1,084 degrees awarded), Early Childhood Education & Teaching (218 degrees), and Health Information & Medical Records Technology (111 degrees).

In 2021, 4,368 degrees were awarded across all undergraduate and graduate programs at Rasmussen College-Florida. 87.2% of these degrees were awarded to women, and 12.8% awarded men. The most common race/ethnicity group of degree recipients was white (1,865 degrees), 2.47 times more than then the next closest race/ethnicity group, black or african american (755 degrees).

The median undergraduate tuition at Rasmussen College-Florida is $11,694, which is $−90 less than the national average for Baccalaureate/Associates Colleges ($11,784).

Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Baccalaureate/Associates Colleges

Costs

In 2021, the median undergraduate tuition at Rasmussen College-Florida is $11,694, which is $−90 less than the national average for Baccalaureate/Associates Colleges ($11,784).

After taking grants and loans into account, the average net price for students is $17,820.

In 2021, 88% of undergraduate students attending Rasmussen College-Florida received financial aid through grants. Comparatively, 82% of undergraduate students received financial aid through loans.

Tuition Costs

$11,694

2021 Undergraduate Tuition

In 2021, the cost of tuition at Rasmussen College-Florida was $11,694. The cost of tuition at Rasmussen College-Florida is $−90 less than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($11,784).

This chart compares the tuition costs of Rasmussen College-Florida (in red) with those of other similar universities.

Average Net Price

$17,820

2021 Value

5.52%

1 Year Growth

In 2021 Rasmussen College-Florida had an average net price — the price paid after factoring in grants and loans — of $17,820. Between 2020 and 2021, the average net price of Rasmussen College-Florida grew by 5.52%.

This chart compares the average net price of Rasmussen College-Florida (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$8,613

Room and Board

$74

Books and Supplies

The average yearly cost of room and board at Rasmussen College-Florida was of $8,613 in 2021. The cost of room and board increased by 2.13% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $74. The cost of books and supplies decreased by 58.9% during the same period.

This chart compares the average student costs at Rasmussen College-Florida (in red) with that of similar universities.

Financial Aid by Income Level

88%

Undergraduates Receiving Financial Aid through Grants

82%

Undergraduates Receiving Financial Aid through Loans

88% of undergraduate students at Rasmussen College-Florida received financial aid through grants or loans in 2021. This represents a growth of 11.4% with respect to 2020, when 79% of undergraduate students received financial aid.

This chart compares the average award discount at Rasmussen College-Florida (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.62%

2019 Default Rate

185

Number of Defaults

In 2019 the default rate for borrower's at Rasmussen College-Florida was 1.62%, which represents 185 out of the 11394 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Rasmussen College-Florida had a total enrollment of 8,469 students in 2021. The full-time enrollment at Rasmussen College-Florida is 4,228 students and the part-time enrollment is 4,241. This means that 49.9% of students enrolled at Rasmussen College-Florida are enrolled full-time.

The enrolled student population at Rasmussen College-Florida, both undergraduate and graduate, is 41.1% White, 20.9% Black or African American, 17.1% Hispanic or Latino, 3.11% Asian, 2.75% Two or More Races, 0.531% American Indian or Alaska Native, and 0.201% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Rasmussen College-Florida in full-time Undergraduate programs are most commonly White Female (35.7%), followed by Black or African American Female (17.3%) and Hispanic or Latino Female (14.5%). Students enrolled in full-time Graduate programs are most commonly White Female (45.7%), followed by Hispanic or Latino Female (14.1%) and White Male (9.78%).

Full-Time vs Part-Time Enrollment

49.9%

Full-Time Enrollment

The total enrollment at Rasmussen College-Florida in 2021, both undergraduate and graduate, is 8,469 students. The full-time enrollment at Rasmussen College-Florida is 4,228 and the part-time enrollment is 4,241. This means that 49.9% of students enrolled at Rasmussen College-Florida are enrolled full-time compared with 42.4% at similar Baccalaureate/Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Rasmussen College-Florida (in red) compares to similar universities.

Retention Rate over Time

50%

2020 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Rasmussen College-Florida was 50%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (59%), Rasmussen College-Florida had a retention rate lower than its peers.

This chart shows the retention rate over time at Rasmussen College-Florida (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
3,478 enrolled students
Black or African American
1,769 enrolled students
Hispanic or Latino
1,450 enrolled students

The enrolled student population at Rasmussen College-Florida is 41.1% White, 20.9% Black or African American, 17.1% Hispanic or Latino, 3.11% Asian, 2.75% Two or More Races, 0.531% American Indian or Alaska Native, and 0.201% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate/Associates Colleges is 43.3% White, 26.7% Hispanic or Latino, and 13.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 1,213 students (14.3%) did not report their race.

Graduates

In 2021, 3,252 more women than men received degrees from Rasmussen College-Florida. The most common race/ethnicity group of degree recipients at Rasmussen College-Florida is white (1,865 degrees awarded). There were 2.47 times more white recipients than the next closest race/ethnicity group, black or african american (755 degrees).

The most common Associates Degree concentration at Rasmussen College-Florida is Registered Nursing (1,084 degrees awarded), followed by Early Childhood Education & Teaching (218 degrees) and Health Information & Medical Records Technology (111 degrees).

In 2021, the most specialized majors across all degree types at Rasmussen College-Florida, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are EDUCATION. (865 degrees awarded), Health (2,424 degrees), and Legal (72 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Rasmussen College-Florida are Elementary & middle school teachers (1,795,530 people), Registered nurses (1,453,399 people), Accountants & auditors (1,064,616 people), Other managers (770,405 people), and Financial managers (487,913 people).

The most specialized majors at Rasmussen College-Florida in 2021 are EDUCATION. (865 degrees awarded), Health (2,424 degrees), Legal (72 degrees), Public Administration and Social Service (109 degrees), and Business (673 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Rasmussen College-Florida are Surgeons, Aircraft pilots & flight engineers, Physicians, Magnetic resonance imaging technologists, and Chief executives & legislators

The most specialized majors at Rasmussen College-Florida are EDUCATION. (865 degrees awarded), Health (2,424 degrees), Legal (72 degrees), Public Administration and Social Service (109 degrees), and Business (673 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Rasmussen College-Florida are Elementary & secondary schools (3,279,381 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,861,560 people), Colleges, universities & professional schools, including junior colleges (628,120 people), Computer Systems Design (505,276 people), and Banking & related activities (502,168 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Rasmussen College-Florida.

Most Common (2021)

Registered Nursing
1,084 degree-majors awarded
Early Childhood Education & Teaching
218 degree-majors awarded
Health Information & Medical Records Technology
111 degree-majors awarded

In 2021, the most common associates degree concentration at Rasmussen College-Florida was Registered Nursing with 1,084 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Rasmussen College-Florida according to their major.

Sex Breakdown for Common Majors

558

Degrees Awarded to Men

in 2021

3,810

Degrees Awarded to Women

in 2021

In 2021, 558 degrees were awarded to men at Rasmussen College-Florida, which is 0.146 times less than the number of degrees awarded to females (3,810).

This chart displays the sex disparity between the top 5 majors at Rasmussen College-Florida by degrees awarded.

Most Common Male Majors

In 2021, 161 degrees were awarded to men at Rasmussen College-Florida in Registered Nursing, which is 0.126 times less than the 1282 female recipients with that same degree.

Most Common Female Majors

In 2021, 1282 degrees were awarded to men at Rasmussen College-Florida in Registered Nursing, which is 7.96 times more than the 161 male recipients with that same degree.

Time to Complete

18%

100% Completion Time

18%

150% Completion Time

In 2021, 18% of students graduating from Rasmussen College-Florida completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 18% completed their degrees within 150% of the normal time, and 18% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate/Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (75%)

The student demographic with the highest graduation rate in 2020 at Rasmussen College-Florida is Male and White (75% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
1,865 degrees awarded
Black or African American
755 degrees awarded
Hispanic or Latino
671 degrees awarded

The most common race/ethnicity at Rasmussen College-Florida is white (1,865 degrees awarded). There were 2.47 times more white recipients than the next closest race/ethnicity group, black or african american (755 degrees).

18.8% of degree recipients (819 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
1,600 degrees awarded
Black or African American Female
668 degrees awarded
Hispanic or Latino Female
566 degrees awarded

The most common race/ethnicity and sex grouping at Rasmussen College-Florida is white female (1,600 degrees awarded). There were 2.4 times more white female recipients than the next closest race/ethnicity group, black or african american female (668 degrees).

Operations

Rasmussen College-Florida employs 146 Instructors. Most academics at Rasmussen College-Florida are Female Instructor (124), and Male Instructor (22).

The most common positions for non-instructional staff at Rasmussen College-Florida are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 140 employees, Management, with 63 employees, and Office and Administrative Support with 15 employees.

Salary Expenditure

$36.2M

2021 Salaries

5.42%

decline from 2020

In 2021, Rasmussen College-Florida paid a median of $36.2M in salaries, a 5.42% decline from the previous year.

The median for similar Baccalaureate/Associates Colleges is 12.8M (34.8% of overall expenditures).

Instructional Salaries

$12.4M

Instructional Salaries

146

Number of Employees

In 2021, Rasmussen College-Florida paid a total of $12.4M to 146 employees working as instructors, which represents 34.3% of all salaries paid.

This is compared to a median of $3.32M (26%) for similar Baccalaureate/Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

146 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

140 Employees

In 2021, the most common positions for instructional staff at Rasmussen College-Florida was Instructor with 146 employees.

In 2021, the most common positions for non-instructional staff at Rasmussen College-Florida were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 140 employees, Management with 63 employees, and Office and Administrative Support with 15 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Instructor
Male Instructor

In 2021, the most common demographic for instructional staff at Rasmussen College-Florida was Female Instructor with 124 employees, and Male Instructor with 22 employees.

This chart shows the sex split between each academic rank present at Rasmussen College-Florida.