by our College Data Analytics TeamMany students attending Alvernia University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
Alvernia University average financial aid offer for freshmen students is $22,811.00. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Alvernia University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
100% of incoming freshmen (399 total) were awarded scholarships at Alvernia University, averaging $18,088.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 85% of freshmen (341 total) received a federal grant, for about $4,120.00 a person.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 17.29% | $23,437.00 |
| Income 30k-48k | 10.03% | $26,245.00 |
| Income 48k-75k | 13.78% | $25,037.00 |
| Income 75k-110k | 19.80% | $20,570.00 |
| Income 110k + | 30.33% | $12,632.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 399 undergraduate students at Alvernia University around 100% (399 total) receive some form of grant aid. The typical amount awarded was $22,811.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
