Minnesota School of Business-Richfield vs Rasmussen University-Minnesota
Minnesota School of Business-Richfield and Rasmussen University-Minnesota stand out as two prominent educational institutions in the region, each offering unique opportunities for higher learning. While both share a commitment to providing quality education, they differ in several key aspects. Minnesota School of Business-Richfield boasts a higher acceptance rate, making it a more accessible option for students. Rasmussen University-Minnesota, on the other hand, offers a wider range of programs, including bachelor's degrees, while Minnesota School of Business-Richfield primarily focuses on associate degrees and diplomas. Additionally, the student body demographics vary, with Rasmussen University-Minnesota having a larger population of female students and a higher percentage of students receiving financial aid. To help you make an informed decision about your educational journey, we have compiled a comprehensive comparison table that delves into these differences and more, allowing you to assess which institution aligns best with your academic goals and preferences.
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![]() Minnesota School of Business-Richfield |
![]() Rasmussen University-Minnesota |
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Overview |
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Location | Richfield, Minnesota | St. Cloud, Minnesota |
Campus setting | Suburb: Large | City: Small |
College type | 4 year | 4 year |
Control/business model | Private (For Profit) | Private (For Profit) |
Calendar system | Quarter | Quarter |
Degrees offered | Undergraduate | Undergraduate and Graduate |
Students retention rate | ||
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No | No |
Religious affiliation | ||
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Admission |
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Acceptance rate | Open Admission | Open Admission |
Application fees | ||
SAT range | N/A | N/A |
ACT range | N/A | N/A |
Students submitting SAT score | ||
Students submitting ACT score | ||
Total number of applicants | ||
Total number of admissions given out | ||
Admitted students who chose to enroll | ||
Yield rate | ||
Test scores (SAT/ACT) | Not required | Not required |
High school GPA | N/A | N/A |
Recommendation letters | N/A | N/A |
High school transcript | N/A | N/A |
English proficiency test (e.g. TOEFL) | N/A | N/A |
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Tuition and Fees |
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Sticker price | $28,040 | $25,936 |
Average net price | $18,239 | |
Tuition | $14,040 | $10,609 |
Room & board | ||
Available payment plans |
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Financial Aid |
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Students receiving financial aid
(Grants & scholarships) |
88.0%
Average amount $6,267 |
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Students receiving federal student loan |
87.0%
Average amount $8,072 |
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Students taking out private loans |
6.0%
Average amount $14,365 |
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Students and Campus |
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Undergraduate students |
3,658
Men 15.0% Women 85.0% |
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Graduate students | N/A |
256
Men 23.4% Women 76.6% |
Racial/ethnic diversity | N/A |
Moderate
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Out-of-state students | N/A | 2.0% |
International students | N/A | N/A |
Campus local/setting | Suburb: Large | City: Small |
Dormitory capacity | N/A | N/A |
First year students are required to live on campus? | N/A | N/A |
Top 5 states where most U.S. students come from | N/A | Minnesota Wisconsin |
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Academics |
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Popular study areas |
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Students to faculty ratio | N/A | 18:1 |
Institutional accreditation | N/A | Higher Learning Commission |
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Outcome |
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Graduation rate | N/A | 30.8% |
Dropout rate | N/A | 69.2% |
Transferred out | N/A | N/A |
Alumni salary by major (Top 10) | N/A |
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing (Bachelor's Degrees)
Computer Systems Analysis (Bachelor's Degrees)
Computer Science (Bachelor's Degrees)
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing (Associate's Degrees)
Finance and Financial Management Services (Bachelor's Degrees)
Criminal Justice and Corrections (Undergraduate Certificates or Diplomas)
Computer/Information Technology Administration and Management (Bachelor's Degrees)
Allied Health Diagnostic, Intervention, and Treatment Professions (Associate's Degrees)
Business Administration, Management and Operations (Bachelor's Degrees)
Accounting and Related Services (Bachelor's Degrees)
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