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Up to 100% coverage is subject to employer policies and the student meeting all terms and conditions of the Rasmussen University Professional Achievement Grant. Master of Science in Nursing does not qualify for the Medtronic Professional Achievement Grant. Not all programs are available to residents of all states. Please speak with an admissions advisor to determine your eligibility for enrollment.
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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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The MSN and MSN-Nurse Practitioner specializations are not eligible for the Professional Achievement Grant.
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Program availability varies by state and campus. Federal, local and state taxes may apply. 100% coverage is subject to employer policies and the student meeting all terms and conditions of the Rasmussen University Professional Achievement Grant.
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The MSN Nurse Practitioner specializations and Post-Graduate Nursing Certificate are not eligible for the Professional Achievement Grant.
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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 Medtronic employees.
Earn your degree for less with a tuition grant at Rasmussen University!
The Professional Achievement Grant is your chance to earn a Master’s degree with no out-of-pocket costs on qualified programs. 1 Choose from:
Plus, qualified Medtronic employees are also eligible for a Corporate Grant of up to 20% tuition savings on many online and on-campus Associate’s and Bachelor’s degree programs. 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
Master's degree programs
Rasmussen University’s career-focused, online Master's programs give you the skills and knowledge to step up as a leader in your field. Choose from Business or Health Sciences programs that are designed by experts in the field and made for working adults.
Associate's and Bachelor's degree programs
With over 40 Associate’s and Bachelor’s degrees, you can choose from programs such as Business Management, Supply Chain and Logistics Management, Information Technology, and many others within the Schools of Business, Technology, Education, Health Sciences, Human Services, Nursing, Justice Studies and Design. Online courses, flexible learning options and dedicated support make earning your degree while working a more achievable opportunity.
- 8 areas of study
- 40+ programs
Grant Coverage
What expenses are covered?
Between tuition reimbursement from Medtronic and the Professional Achievement Grant, qualified employees are eligible for up to 100% coverage of costs on qualified, online Master's programs. 1 3
Qualified employees looking to enroll in online and on-campus Associate's and Bachelor's degree programs are 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.
Qualifications
Do I qualify?
To qualify for the Professional Achievement Grant or the Corporate Grant, Medtronic employees must work over 20 hours per week (full time or part time). Employees must be in good standing and not be under a performance improvement plan during the 12 months prior to their requests for reimbursement.
- eligible on start date for Medtronic employees
Explore Rasmussen University Programs
Find the degree that's right for you. We offer a variety of advanced programs to help you get to where you want to be. Convenient learning options make work, life and school more manageable, while still giving you the hands-on curriculum you expect. Through Medtronic's alliance with Rasmussen University, you could save up to 20% on qualified programs. 2 Plus, between Medtronic's tuition reimbursement and the Professional Achievement Grant, qualified employees are eligible for up to 100% coverage of costs on select, online Master's programs. 4 5
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.
Request Information
What's the next step?
It all starts with completing the form. A Rasmussen University advisor can then answer your questions, determine eligibility and walk you through the application process.
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