rasmussen.edu | 888-5-RASMUSSEN ACADEMIC INFORMATION AND UNIVERSITY POLICIES If the student does not opt out, the University will provide the required textbooks or e-book to the student for the $15 per-book charge. Example: For a course that has two textbooks, a student will pay the technology and course resource fee of $175.00, plus $30.00 in book fees, for a total of $205.00. D. Textbook Opt-Out Policy Students may opt out of purchasing any or all textbooks or e-books through the University at the flat fee per textbook or e-book. Students who opt out will need to purchase the required textbooks or FINANCIAL AID Primary Sources of Financial Aid PROGRAM Gift Aid* Federal Pell Grant Federal Supplemental Educational Opportunity Grant (SEOG) Florida Student Assistant Grant** North Dakota State Grant** Minnesota State Grant** Employment* Federal Work-Study State Work-Study e-books separately through another vendor. Students who opt out are advised that access to textbooks or e-books via a link within a course will be removed. Students can opt-out by completing the textbook opt-out form available through the Student Portal. The form must be completed, scanned, and emailed to [email protected] by the end of the class add period, as defined in the Rasmussen University catalog. The list of textbooks and materials required for each course, including the ISBN, retail price and the fee Rasmussen University charges is available on the Student Portal and on the bottom of the schedule confirmation page. Students who opt out should ensure they have their textbooks and e-books prior to the start of courses. E. California Student Tuition Recovery Fund (for California residents only). The State of California established the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic loss suffered by a student in an educational program at a qualifying institution, who is or was a California resident while enrolled, or was enrolled in a residency program, if the student enrolled in the institution, prepaid tuition, and suffered an economic loss. Unless relieved of the obligation to do so, you must pay the state-imposed assessment for the STRF, or it must be paid on your behalf, if you are a student in an educational TYPE OF AWARD AND ELIGIBILITY Grant; based on financial need. Eligibility & Terms/Conditions: www.studentaid.ed.gov Grant; based on financial need, awarded by the University. Eligibility & Terms/Conditions: www.studentaid.ed.gov Grant; based on financial need, FL residency, undergraduate, full time. Grant; based on financial need, ND residency, undergraduate. Grant; based on financial need, MN residency, undergraduate. Eligibility & Terms/Conditions: www.ohe.state.mn.us Part-time job; on- or off-campus; based on financial need and skill level of position, awarded by the University.Eligibility & Terms/Conditions: www.studentaid.ed.gov Part-time job; on- or off-campus; MN residency, based on financial need and skill level of position, awarded by the University. Eligibility & Terms/Conditions: www.ohe.state.mn.us Loan Programs Federal Direct Subsidized Loan Loan; based on financial need, undergraduate, payments deferred until six months after student is no longer enrolled or enrolled less than half-time. Eligibility & Terms/Conditions: www.studentaid.ed.gov Federal Direct Unsubsidized Loan Loan; principal and interest payments may be deferred until six months after student is no longer enrolled or enrolled less than half-time. Eligibility & Terms/Conditions: www. studentaid.ed.gov AMOUNT PER YEAR $650 – $6,345 $100 – $4,000, based on availability Varies, based on availability $1,950 Varies, based on State Grant award formula Varies, based on availability Varies, based on availability program, who is a California resident, or are enrolled in a residency program, and prepay all or part of your tuition. You are not eligible for protection from the STRF and you are not required to pay the STRF assessment if you are not a California resident or are not enrolled in a residency program. It is important that you keep copies of your enrollment agreement, financial aid documents, receipts, or any other information that documents the amount paid to the school. Questions regarding the STRF may be directed to the Bureau for Private Postsecondary Education, 2535 Capitol Oaks Drive, Suite 400, Sacramento, CA 95833, (916) 431-6959 or (888) 370-7589. APPLICATION Free Application for Federal Student Aid (FAFSA) Free Application for Federal Student Aid (FAFSA) Free Application for Federal Student Aid (FAFSA) Free Application for Federal Student Aid (FAFSA) Free Application for Federal Student Aid (FAFSA) Free Application for Federal Student Aid (FAFSA) Free Application for Federal Student Aid (FAFSA) 1st Year – $3,500 2nd Year – $4,500 3rd Year & above – $5,500 Graduate – Not Elig Same as subsidized limits, plus: Dependent Student: 1st Year & above – $2,000 Independent Student: 1st & 2nd Year – $6,000 3rd Year & above – $7,000 Graduate – $20,500 Federal Direct PLUS Loan Loan; for creditworthy parents of dependent undergraduates and graduate students. Eligibility & Terms/Conditions: www. studentaid.ed.gov Veterans’ Benefits Veterans’ Benefits Benefits for veterans and dependents of veterans, including National Guard and Reserves. Up to student’s cost of attendance Student: Free Application for Federal Student Aid (FAFSA), Master Promissory Note and Loan Entrance Counseling Parent: PLUS loan application and Promissory Note Monthly benefit based on service contributions * Gift aid and work study are awarded annually based on the award year dates of July 1 through June 30. Students attending in more than one award year must reapply for financial aid by completing a new Free Application For Student Aid (FAFSA). **These state programs are available only for residents of the identified state, based on the state’s residency rules. 138 ALL CONTENT IS SUBJECT TO CHANGE BY ADDENDUM Veterans Administration or Veterans Service Officer Free Application for Federal Student Aid (FAFSA), Master Promissory Note and Loan Entrance Counseling Free Application for Federal Student Aid (FAFSA), Master Promissory Note and Loan Entrance Counseling