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Terms and conditions apply. 100% coverage is subject to employer policies and the student meeting all terms and conditions of the Rasmussen University Professional Achievement Grant. Program availability varies by state and campus. Federal, local and state taxes may apply.
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- Student must maintain continuous enrollment to remain eligible. A student who withdraws and re-enrolls may no longer be eligible for the grant.
- Student must meet entrance requirements for the program in which they are enrolling.
- Enrolling students must provide proof of eligibility by submitting proof of employment prior to the 7th day of the first quarter of enrollment (i.e.: recent paystub or employment verification letter).
- Employees of APEI and APEI Education al Units, including Rasmussen College, LLC and their family members are not eligible to participate.
- Students cannot receive both corporate and military grants.
- Grant is nontransferable, and no substitution or cash equivalent/refund is allowed.
- Students with tuition rates at or lower than $258 per credit for full-time rates and $334 per credit for part-time rates are not eligible for any grants or scholarships offered by the University.
- Students who start the Healthcare Certificate, Medical Assisting Diploma, or Healthcare/Health Sciences Associates with a Medical Assisting Specialization programs on or after May 8, 2024, may be eligible for institutional grants regardless of program or course tuition rate provided they meet all other applicable terms and conditions for the grants.
- Students enrolling in the Master of Science in Nursing degree program on or after January 2, 2023, may be eligible for institutional grants regardless of program or course tuition rate provided they meet all other applicable terms and conditions for the grants.
- Students enrolled in the Nursing Post-Graduate Certificates in Nursing Education, Healthcare Technology, Simulation and Informatics or Nursing Leadership and Administration are not eligible for any grants or scholarships offered by the University.
- Grant value cannot exceed tuition cost.
For additional details visit: https://corporate.rasmussen.edu/employer-alliances
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GRE® is a registered trademark of Educational Testing Service. GMAT™ is a trademark of the Graduate Management Admission Council™.
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Visit the Tuition Estimator for estimated total program cost. Starting cost for the MSN Nurse Practitioner specializations is approximately $50,000. Students in all programs must maintain continuous enrollment to remain eligible for the tuition pricing. A student who withdraws and re-enrolls will be required to pay the tuition price offered at the time of their re-enrollment. Program availability varies by campus and state; please see the Rasmussen University Catalog for details.
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Professional Achievement Grant Terms and Conditions
Rasmussen University offers the Professional Achievement Grant (PAG) to students selected and sponsored by a participating Employer. The PAG program is funded by both the Employer and Rasmussen University. This grant is intended to help students avoid educational loan debt by funding a recipient’s direct education-related costs. Direct education-related costs include tuition for all eligible courses (limited to two repeated courses), Course Technology and Resource Fee (per course), book fees, and Administrative fees. If a student chooses to order course materials directly, the student will be responsible to pay the price and shipping costs. As such, the Professional Achievement Grant is only available as a primary payment option.
Students who choose to participate in the PAG program are not able to receive funding from the federal or state student financial aid programs (such as Pell Grant and Direct Loans); this is a condition of participation in the PAG program. The choice to participate in the PAG program is optional and students are always able to apply for federal student financial aid to determine their eligibility for these programs in lieu of participating in the PAG program. Students may apply for federal student financial aid before they agree to this condition or at any point during their enrollment and must complete the Net Price Calculator to receive an estimate of their federal student aid eligibility as part of the PAG application process and Rasmussen University will assist with these application processes. However, the choice to receive federal student financial aid will result in the student becoming ineligible for the PAG. As such, the student would then be responsible for any and all charges incurred for future courses outside the PAG.
Please note the PAG is not retroactive to current or prior enrollments. Eligibility is determined through completion of the employer web form. Participating students agree to authorize Rasmussen University to release employer-required academic and enrollment information to the Employer.
Students will become ineligible for the PAG if they receive more than two (2) allowances (defined as any course that is not eligible for reimbursement through the Employer’s policies, including any unsuccessful grades of “F,” “WF,” “W,” or below a “C-” for courses) during their program of study or if they violate policies as outlined in the Rasmussen University Catalog. Students must also abide by all applicable Satisfactory Academic Progress (SAP) standards. Students are expected to understand, meet, and abide by any Employer requirements in order to continue to receive PAG benefits. Rasmussen University or the Employer may remove a student from the PAG at any time. If the student becomes ineligible for the PAG for any reason, the student can either pay cash or seek other funding sources to pay tuition and fee expenses, including federal student financial aid programs.
All required PAG forms (detailed below) must be completed, submitted, and approved prior to application for each new participating student. In addition, the PAG Waiver and Disclosure Form and Net Price Calculator Results must be re-submitted every twelve months to continue participation. The PAG benefits continue as long as:
(1) The student continues to meet the employer’s eligibility requirements,
(2) The student has not completed their degree (continuation to a new program will require a new application), and
(3) The student does not elect to discontinue participation in the PAG program.
Students must send all required forms to their assigned Academic Advisor for verification at least seven days prior to the start of classes for each applicable 12 month period.
- Documentation required for the Professional Achievement Grant:
- Professional Achievement Grant Disclosure and Waiver (must be completed annually);
- Student Professional Achievement Grant Acknowledgement;
- Student Finance Agreement indicating Professional Achievement Grant
- Net Price Calculator Results, including the Shopping Sheet and Data Summary (must be completed annually).
- Professional Achievement Grant Student Payment Authorization (if applicable).
The Professional Achievement Grant may not be combined with other grants or scholarships offered by Rasmussen University.
- Documentation required for the Professional Achievement Grant:
Invest in Yourself
Rasmussen University Professional Achievement Grant for American Electric Power® employees.
Rasmussen University is excited to offer tuition grants on select programs to American Electric Power employees!
With the Professional Achievement Grant, qualified employees are eligible for up to 100% tuition reimbursement on designated, online programs through the Rasmussen University Professional Achievement Grant! 1
Rasmussen University offers Master’s programs starting around $13,000 and $16,500, some of which are covered by the Professional Achievement Grant. 4 Choose from one of our five convenient, career-focused programs to give you the skills and knowledge to step up as a leader in your field. Learn more >
Qualified employees looking to enroll in residential-based programs or select online programs not covered by the Professional Achievement Grant may be eligible for up to a 20% tuition grant. 2
Take me to:
About Rasmussen University
Rasmussen University is accredited by the Higher Learning Commission (hlcommission.org), an institutional accreditation agency recognized by the U.S. Department of Education. Since 1900, Rasmussen University has been committed to academic innovation and providing easier access to a high standard of learning. Rasmussen University offers more than 60 quality, challenging programs across eight schools of study in a variety of convenient learning options.
Participating Programs
What programs can I choose?
This offer includes Rasmussen University’s Schools of Business, Design, Education, Human Services, Justice Studies, and Technology. All other qualified programs are available to eligible employees with an up to 20% tuition grant. 2
Looking to earn your Master’s degree online? These five degree programs focus on critical areas of industry leadership. No GRE®/GMAT™ requirements make it easy to get started. 3
- 8 areas of study
- 60+ programs
Grant Coverage
What expenses are covered?
Between American Electric Power tuition reimbursement and the Professional Achievement Grant, qualified employees are eligible for up to 100% coverage of costs on online programs. 1 This could include one of Rasmussen University’s online Master’s degree programs, as well as online Bachelor’s and Associate’s degree programs in Business, Technology, Design, Human Services, Education and Justice Studies.
Qualified employees looking to enroll in residential-based programs or select online programs not covered by the Professional Achievement Grant may be eligible for up to a 20% tuition grant. 2
Learn more details when you connect with an admissions advisor who can also walk you through the enrollment process and answer any questions.
- Up to 100% coverage on qualified programs1
Qualifications
Do I qualify?
To qualify for the Professional Achievement Grant, applicants must be full-time employees.1
If that describes you, you are qualified on the first day of your employment with American Electric Power!
- day 1 eligible
Explore Rasmussen University Programs
Find the degree that's right for you. Convenient learning options make work, life and school more manageable while giving you project-based learning you can carry with you into the industry.
Currently, the MSN-NP, all Post-Graduate Nursing Certificates and DNP are not eligible for participation in Title IV federal student aid programs.
To learn more about available grants and qualified programs, connect with an admissions advisor.
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What's the next step?
It all starts with completing the form. A Rasmussen admissions advisor can then answer your questions and walk you through the application process.
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