144 rasmussen.edu | 888-5-RASMUSSEN ACADEMIC INFORMATION AND UNIVERSITY POLICIES ALL CONTENT IS SUBJECT TO CHANGE BY ADDENDUM FINANCIAL AID 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. 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. Indirect Costs are external expenses that you may incur during the academic year as part of your educational experience. These costs are not billed to your student account, but they are part of the Financial Aid COA. 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 attending less than full-time attendance and/or less than an Academic Year. Several programs also have a one-time program administrative fee that may be added to the COA. EXAMPLES of 2024-2025 Undergraduate Financial Aid Cost of Attendance (COA) Business, Technology, Design, Early Childhood Education Bachelor’s, Human Services programs, and School of Justice Studies programs except Law Enforcement Average Direct Costs Living With Parent Not Living With Parent Tuition $10,899 $10,899 Fees $2,223 $2,223 Books, course materials, supplies, and equipment $360 $360 Administrative Fee4 $0 $0 TOTAL Average Direct Costs1 $13,482 $13,482 Estimated Indirect Costs Living Expenses2 $5,157 $10,269 Personal Costs $3,222 $3,222 Transportation $3,897 $3,897 TOTAL Estimated Indirect Costs3 $12,276 $17,388 Total Estimated COA $25,758 $30,870 School of Health Sciences and Law Enforcement programs Average Direct Costs Living With Parent Not Living With Parent Tuition $10,899 $10,899 Fees $2,223 $2,223 Books, course materials, supplies, and equipment $360 $360 Administrative Fee5 $350 $350 TOTAL Average Direct Costs1 $13,832 $13,832 Estimated Indirect Costs Living Expenses2 $5,157 $10,269 Personal Costs $3,222 $3,222 Transportation $3,897 $3,897 TOTAL Estimated Indirect Costs3 $12,276 $17,388 Total Estimated COA $26,108 $31,220 Early Childhood Education (Certificate, Diploma, and Associate programs) Average Direct Costs Living With Parent Not Living With Parent Tuition $7,749 $7,749 Fees $0 $0 Books, course materials, supplies, and equipment $360 $360 Administrative Fee5 $0 $0 TOTAL Average Direct Costs1 $8,109 $8,109 Estimated Indirect Costs Living Expenses2 $ 5,157 $ 10,269 Personal Costs $ 3,222 $ 3,222 Transportation $ 3,897 $ 3,897 TOTAL Estimated Indirect Costs3 $ 12,276 $ 17,388 Total Estimated COA $ 20,385 $ 25,497
