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Rasmussen University-Florida

Ocala, FL 34471 — Private For-Profit

Value Score: 65/100 | ROI Score: -36 | Affordability Score: 75/100

Tuition (In-State): $15,314 | Out-of-State: $15,314

Graduation Rate: 46.3% | Retention Rate: 100.0%

Median Earnings (10yr): $39,080 | Median Debt: $20,899

Student Body Size: 3,121 (medium)

Pell Grant Recipients: 53.5% | Federal Loan Rate: 79.3%

Average Faculty Salary: $6,913/month

Tuition & Affordability Analysis

In-state tuition at Rasmussen University-Florida is $15,314 per year, which is 61% below the national average for private institutions.

Out-of-state students pay $15,314/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.

Estimated four-year tuition cost: $61,256 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Rasmussen University-Florida:

  • Families earning $0–$30,000: $20,404/year
  • Families earning $30,001–$48,000: $21,845/year
  • Families earning $48,001–$75,000: $21,335/year
  • Families earning $75,001–$110,000: $27,596/year
  • Families earning $110,000+: $25,557/year

Graduate Outcomes & Return on Investment

46.3% of students at Rasmussen University-Florida complete their degree, 25% below the national average. This is below average — prospective students should investigate support services and retention programs.

First-year retention rate: 100.0% (23% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.

Graduates of Rasmussen University-Florida earn a median salary of $39,080 ten years after enrollment, 4% below the national average. This represents a $4,080/year earnings premium over the average high school diploma holder, or $122,400 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $20,899, near the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $227/month, with a total repayment of $27,240 (including $6,341 in interest).

Debt-to-Earnings Ratio: 0.53x. This is a healthy ratio, suggesting debt is manageable for most graduates.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Rasmussen University-Florida pays for itself in approximately 16 years. This is a longer payback period — consider whether your intended major leads to higher-earning career paths.

Financial Aid Profile

53.5% of students at Rasmussen University-Florida receive Pell Grants (federal need-based aid for families earning under ~$60,000), 62% above the national average. This high Pell rate indicates the school serves a large proportion of lower-income students and likely has strong need-based aid programs.

79.3% of students take federal loans, 69% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.

Average faculty salary: $6,913/month, 21% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Rasmussen University-Florida enrolls 3,121 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 78/100 (higher = more diverse). Rasmussen University-Florida has a highly diverse student body with strong representation across multiple racial and ethnic groups.

Student body composition: White 28%, Hispanic 24%, Black 28%, Asian 3%.

Rasmussen University-Florida: Medium-Sized Private For-Profit Institution

Report Card: Overall Grade C-

Rasmussen University-Florida receives an overall grade of C- based on six dimensions:

  • Academics: D
  • Value: F
  • Outcomes: C
  • Affordability: A+

College Analysis

Rasmussen University-Florida is a Private For-Profit institution in Ocala, FL with approximately 3,121 students. Academics: Rasmussen University-Florida has a graduation rate of 46.26%, slightly below the national average for private for-profit institutions. Value: The median debt of $20,899 is relatively high compared to tuition costs, indicating potential financial strain on students. Outcomes: Median earnings 10 years post-graduation are $39,080, which is below the national average for similar institutions.

The Verdict: Is Rasmussen University-Florida Worth It?

Rasmussen University-Florida presents a challenging value proposition, primarily due to its median 10-year earnings of $39,080 significantly trailing its out-of-pocket costs and the median debt of $20,899. With an annual tuition of $15,314, a single year of study approaches half of the median annual earnings. The ROI Score of -36 strongly indicates that, on average, graduates do not recoup their investment within a reasonable timeframe, and may struggle to do so at all. To illustrate, a graduate earning the median salary would need approximately 13 years to earn back the $39,080 median earnings over 10 years, without even accounting for the $20,899 in debt. Paying off the debt alone at this salary would take over 5 years, assuming no living expenses. This suggests that the financial return on investment is poor. While Rasmussen University offers career-focused programs that can lead to employment, the earnings potential reported does not align favorably with the cost and debt incurred. Therefore, Rasmussen University-Florida appears to be overpriced for the financial outcomes it delivers. It is not a good deal, and prospective students should carefully weigh the high cost against the modest reported earnings and significant debt burden.

Return on Investment

While the degree from Rasmussen University-Florida can lead to employment, the high median debt and lower graduation rate may make it less cost-effective compared to other institutions.

Debt Reality Check

Median student debt at Rasmussen University-Florida: $20,899. Monthly payment on a standard 10-year plan: $237/month. Total repaid: $28,440 ($7,541 in interest).

Breakeven vs high school diploma: 2.3 years. Debt burden: Manageable. Salary needed for comfortable repayment: $28,440.

Strengths

  • Strong career services and immediate employment opportunities
  • Diverse student body with a focus on career readiness

Weaknesses

  • Lower graduation rate compared to national averages
  • Higher median debt for students

Academic Profile

Retention Rate: 100.0%.

Rasmussen University-Florida's academic strengths lie in its career-focused programs, particularly in healthcare, business, and technology. Popular departments include Nursing, Medical Assisting, and Information Technology, which are designed to meet the demands of the current job market. While specific research opportunities for undergraduates may be limited compared to large research universities, faculty often bring real-world industry experience into the classroom, enriching the learning process. The faculty quality, while not directly reflected in salary data, is generally characterized by practical expertise. The student-faculty ratio, though not provided, is typically managed to ensure personalized attention in smaller class settings common at for-profit institutions. Rasmussen offers various pathways to degrees, including associate's, bachelor's, and master's programs, allowing students to advance their education incrementally. Academic support is a key component, with resources like tutoring services, academic advising, and career services available to help students navigate their studies and prepare for post-graduation employment. The curriculum is often updated to reflect industry trends, ensuring graduates possess relevant and in-demand skills. Programs like the Bachelor of Science in Nursing (BSN) are often accredited and highly regarded for preparing students for licensure exams.

Financial Aid Guide for Rasmussen University-Florida

Pell Grant recipients: 53.5%. Students taking federal loans: 79.3%.

Navigating financial aid at Rasmussen University-Florida requires understanding its structure as a private, for-profit institution. The stated tuition of $15,314 per year is the primary cost, and most students rely heavily on federal financial aid. This includes federal Pell Grants for students with demonstrated financial need, federal student loans (Direct Subsidized and Unsubsidized), and potentially the Federal Work-Study program, which offers part-time employment opportunities to help cover educational expenses. Merit-based aid is less common here compared to traditional universities; the focus is primarily on need-based federal aid. Typical aid packages can vary significantly based on individual financial circumstances, but students often receive a combination of grants and loans to cover tuition and living expenses. For example, a student with significant need might receive Pell Grant funds (up to $7,395 for the 2023-2024 academic year) supplemented by federal loans. Students with higher incomes may rely more on loans. Scholarship opportunities exist, often through external organizations or specific program-related awards, but institutional scholarships are not a primary feature. Negotiating aid is generally not a strong possibility at Rasmussen; aid packages are typically determined by federal formulas and institutional policies rather than direct negotiation. It's crucial for prospective students to complete the FAFSA (Free Application for Federal Student Aid) early to maximize their eligibility for all available federal aid.

Hidden Costs at Rasmussen University-Florida

  • Textbooks and course materials can range from $800 to $1,500 per academic year, depending on the program and required resources.
  • Technology fees, often around $100-$200 per term, cover access to online learning platforms and IT support.
  • Transportation costs, including gas and vehicle maintenance or public transit fares, can add $100-$300 per month for commuting students.
  • Parking permits, if required for on-campus access, might cost between $50 and $150 annually.
  • Background checks and certification exam fees, particularly for healthcare programs, can total $200-$500 or more.
  • Supplies specific to programs, such as nursing scrubs or IT equipment, could be an additional $100-$400.
  • Student activity fees, though often modest, can add $20-$50 per semester.

Alumni Outcomes & Career Paths

Rasmussen University-Florida, located in Ocala, primarily serves students seeking career-focused education, particularly in healthcare and business fields. While specific data on major employers actively recruiting from the Ocala campus is not publicly detailed, graduates often find employment within regional healthcare systems and local businesses. Industries where alumni tend to cluster include nursing and allied health, business administration, and information technology. For instance, within the healthcare sector, common employers might include HCA Florida Ocala Health, AdventHealth Ocala, and various smaller clinics and long-term care facilities in the surrounding Marion County area. In business, graduates may find roles in local banking institutions, retail management, or administrative support for companies like Publix or Walmart.

Graduate school placement rates are not prominently advertised, suggesting that the primary focus for most Rasmussen graduates is immediate entry into the workforce rather than advanced academic pursuits. Notable alumni are not widely publicized, which is common for institutions of this size and focus. Career services at Rasmussen University are designed to assist students with resume building, interview preparation, and job searching, aiming to connect them with local and regional opportunities. Internship pipelines are crucial for programs like nursing, where clinical rotations are integrated into the curriculum, often placing students within the aforementioned local healthcare providers. Geographic hiring patterns for Rasmussen-Florida graduates are predominantly within the central Florida region, given the university's focus on local workforce needs. While some graduates may relocate, the majority tend to stay within a 50-100 mile radius of Ocala to leverage their education in familiar markets.

Campus Life & Culture at Rasmussen University-Florida

Rasmussen University-Florida serves a diverse student body, often comprised of working adults, recent high school graduates seeking career training, and individuals looking to advance in their current fields. The student population tends to be practical and goal-oriented, thriving in an environment that prioritizes skill acquisition and timely graduation for career success.

Rasmussen University-Florida in Ocala offers a focused, career-oriented environment rather than a traditional sprawling campus experience. As a private, for-profit institution, the campus culture is geared towards efficient learning and preparation for the workforce. Social life tends to be less about large-scale campus events and more about building connections within your specific program of study. Students often form study groups and professional networks that extend beyond the classroom. While there isn't a traditional Greek life system or extensive NCAA athletics, opportunities for engagement exist through student clubs and professional organizations relevant to healthcare, business, and technology fields, which are Rasmussen's core strengths. The Ocala campus itself is modern and functional, designed to support learning with up-to-date facilities. Housing is not provided on campus, so students typically live in apartments or houses in the Ocala area, fostering a more independent living experience. Dining options are usually limited to on-campus cafes or nearby local eateries, encouraging students to explore the Ocala community. The 'vibe' is one of ambition and practicality, where students are driven by clear career goals and appreciate a structured academic setting that prioritizes skill development and timely graduation. Expect a mature student body, often balancing studies with work and family commitments.

Campus Highlights

  • Career-focused curriculum designed for immediate job market entry.
  • Flexible learning options, including online and hybrid formats, catering to diverse student needs.
  • Strong emphasis on practical, hands-on skills development in programs like Nursing and IT.
  • Dedicated career services to assist with job placement and professional development.
  • Modern facilities and technology integrated into the learning environment.
  • A mature student population often balancing education with work and family responsibilities.
  • Ocala location provides access to a growing community with local employment opportunities.

Location & Regional Advantages

Rasmussen University-Florida's Ocala location offers a mixed bag of advantages for its students. Ocala itself is a mid-sized city in Central Florida with a growing economy, particularly strong in healthcare, logistics, and agriculture. This provides a local job market for graduates, especially in fields like nursing, medical assisting, and business administration, where regional healthcare providers like HCA Florida Ocala Health and AdventHealth Ocala, along with numerous smaller medical practices, are significant employers. The cost of living in Ocala is generally lower than in major Florida metropolitan areas like Orlando or Tampa, making it more affordable for students to manage expenses during and after their studies.

Proximity to industry hubs is a moderate advantage. While Ocala is not a major metropolitan center, it is situated within a few hours' drive of larger economic centers such as Orlando and Tampa. This allows graduates to access a broader range of job opportunities in diverse industries like technology, entertainment, and finance if they are willing to commute or relocate. The quality of life in Ocala is characterized by a more relaxed, suburban feel with access to natural attractions like the Ocala National Forest and numerous springs, appealing to those who prefer outdoor activities. The weather is typical Florida subtropical, with hot, humid summers and mild winters. Safety in Ocala is comparable to other cities of its size, with crime rates that require awareness but are not prohibitive for residents. Ultimately, the Ocala location provides a solid foundation for local employment, particularly in healthcare, with the potential to access larger markets within a reasonable distance.

How to Get Into Rasmussen University-Florida

Gaining admission to Rasmussen University-Florida is generally straightforward, as the institution focuses on providing access to career-focused education rather than highly selective admissions. The primary requirement is a high school diploma or GED. While there are no published GPA or test score ranges (SAT/ACT are not required), a strong academic record demonstrates preparedness for college-level work. The admissions process typically involves an application, potentially an interview with an admissions advisor, and submission of transcripts. Rasmussen values students who are motivated, career-oriented, and understand the commitment required for their chosen program. Essays are not typically a significant part of the application, but any personal statements should highlight career aspirations and reasons for choosing Rasmussen. Demonstrated interest is shown by actively engaging with the admissions team, attending information sessions, and completing the application process promptly. The timeline is flexible, but applying at least 3-6 months before the intended start date is recommended to allow ample time for financial aid processing and enrollment.

How Rasmussen University-Florida Compares to Similar Schools

Similar schools: Keiser University-Ft Lauderdale (multiple campuses), Florida Technical College, Herzing University-Winter Park

Advantages

  • Stronger focus on specific healthcare pathways that align with regional demand.
  • Potentially more accessible and integrated clinical rotations within the Ocala area.
  • Lower overall cost of living in Ocala compared to major metropolitan areas where some peers are located.

Disadvantages

  • Lower median graduate earnings compared to some for-profit peers.
  • Less brand recognition and perceived value in the broader job market compared to some larger or more established institutions.
  • Lower graduation rates suggest potential challenges with student retention and success.

Best For

  • Students looking for a traditional liberal arts education may find Rasmussen University-Florida less suitable.
  • Prospective students should consider the high median debt and lower graduation rate when evaluating the value proposition.

Avoid If

  • Students who prioritize immediate employment over academic depth and breadth may find Rasmussen University-Florida a good fit.
  • Individuals seeking a more affordable education option might want to explore other institutions.

Frequently Asked Questions about Rasmussen University-Florida

How much does it cost to attend Rasmussen University-Florida?

In-state tuition at Rasmussen University-Florida is $15,314 per year, and out-of-state tuition is $15,314 per year. The median student debt at graduation is $20,899.

What is the graduation rate at Rasmussen University-Florida?

Rasmussen University-Florida has a graduation rate of 46.3%.

How much do Rasmussen University-Florida graduates earn?

The median earnings for Rasmussen University-Florida graduates 10 years after enrollment is $39,080. With median debt of $20,899, graduates earn roughly 1.9x their debt level annually.

How big is Rasmussen University-Florida?

Rasmussen University-Florida has approximately 3,121 students and is classified as a medium institution. It is located in Ocala, FL and is a Private For-Profit institution.

Is Rasmussen University-Florida worth the cost?

Rasmussen University-Florida has an ROI score of -36 out of 100. With in-state tuition of $15,314 per year and median post-graduation earnings of $39,080, the data suggests the return on investment may be below average.

Where is Rasmussen University-Florida located?

Rasmussen University-Florida is located in Ocala, FL. It is a Private For-Profit institution with approximately 3,121 students.

How much student debt do Rasmussen University-Florida graduates have?

The median student debt for Rasmussen University-Florida graduates is $20,899. With median earnings of $39,080 ten years after enrollment, graduates can expect a debt-to-income ratio of 53%.

Is Rasmussen University-Florida a good college?

Rasmussen University-Florida has a graduation rate of 46.3% and median post-graduation earnings of $39,080. The student body is diverse, with a significant Hispanic population.

How does Rasmussen University-Florida compare to similar colleges?

The university offers online and on-campus programs, providing flexibility. Compared to peer institutions, Rasmussen University-Florida has a lower graduation rate and higher median debt, but offers competitive median earnings.

What career prospects do Rasmussen University-Florida graduates have?

Graduates of Rasmussen University-Florida are well-positioned for immediate employment, with a high percentage of students finding jobs within six months.

What should prospective students know about Rasmussen University-Florida?

Rasmussen University-Florida is well-suited for students seeking career-focused education and employment opportunities, particularly in fields where a degree can lead to quick job placement.

What makes Rasmussen University-Florida stand out?

The tuition is the same for in-state and out-of-state students, which can be an advantage for out-of-state students.

What are the pros and cons of attending Rasmussen University-Florida?

The university has a strong focus on career services, with a high percentage of students employed within six months of graduation.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.