154 rasmussen.edu | 888-5-RASMUSSEN ACADEMIC INFORMATION AND UNIVERSITY POLICIES Financial Aid Cost of Attendance Your financial aid cost of attendance (COA) is the estimated average and reasonable cost of completing an academic year at Rasmussen University. An academic year usually consists of nine months (three quarters). Your COA serves as the foundation for determining your financial need as well as the amount of financial aid, including grants, scholarships, loans, and work-study that can be offered to you. The COA can only include costs for the individual student. The Student Financial Aid Office may adjust the COA for students on a case-by-case basis to address individual, unique circumstances. ALL CONTENT IS SUBJECT TO CHANGE BY ADDENDUM * Actual tuition, fee and book charges vary by student, credit load, and program of study. To view your actual charges, go to the Account Center. **Actual costs vary by student, based on student choice and travel habits. Several programs also have a one-time Program Administrative Fee which may be added to the COA. EXAMPLES of 2022–2023 Financial Aid Cost of Attendance (COA) Your actual charges for tuition and fees, also known as direct costs, will be different than what is reflected in your financial aid COA. That is because the COA is based on estimated averages. To view your actual tuition and fee charges, go to the Student Account Center. All COA components shown below are for nine months and full-time (12+ credits per quarter). Students attending less than full-time are eligible for financial aid; however, the COA, expected family contribution (EFC), and maximum awards may be adjusted for less than full-time attendance. Several programs also have a one-time program administrative fee that may be added to the COA. ALL SCHOOLS EXCEPT NURSING SCHOOL OF NURSING (EXCLUDING BSN) AVERAGE DIRECT COSTS Living with Parent Not Living with Parent Living with Parent Not Living with Parent Tuition (for illustration purposes only) $10,593 $10,593 $16,713 $16,713 Fees (for illustration purposes only) $2,097 $2,097 $2,097 $2,097 Books $360 $360 $360 $360 TOTAL Average Direct Costs* (for illustration purposes only) $13,050 $13,050 $19,170 $19,170 Estimated Indirect Costs Housing & Meals $4,653 $9,270 $4,653 $9,270 Personal Costs $2,907 $2,907 $2,907 $2,907 Transportation $2,511 $2,511 $2,511 $2,511 TOTAL Estimated Indirect Costs** $10,071 $14,688 $10,071 $14,688 Total Estimated COA $23,121 $27,738 $29,241 $33,858
