by our College Data Analytics TeamA large number of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Alvernia University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does Alvernia deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Alvernia University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Alvernia University, 100% of the incoming full-time class was awarded financial aid around 413 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $29,034 |
| Institutional grants & scholarships | 99% | $24,997 |
| Federal Pell grants | 42% | $5,379 |
| State/local grants | 45% | $3,804 |
| Federal student loans | 96% | $4,822 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Alvernia, approximately 87% of the undergraduate population received grant aid that averaged $24,690 (for some 1775 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $24,690 |
| Federal Pell grants | 36% | $5,174 |
| Federal student loans | 83% | $6,006 |
For students living on campus and receiving title-IV aid, grants averaged $29,427.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $27,520 |
| $30,001 – $75,000 | $26,713 |
| Over $75,000 | $29,206 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,138 |
| Off-campus title-IV students | $28,329 |
For a personalized estimate based on your family’s financial situation, use Alvernia’s NPC: alvernia.clearcostcalculator.com/student/default/netpricecalculator/survey.
The median student at Alvernia graduates with $20,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Alvernia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,220 |
| 25th percentile | $9,500 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $40,999 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,799 |
| Middle income | $23,250 |
| High income | $21,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,840 |
| Continuing-generation students | $22,663 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $23,750 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Alvernia.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Alvernia:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11254 |
| Total Stafford loan amount | $307,507,469 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 27 |
| Total GI Bill amount | $555,944 |
| Average GI Bill amount per recipient | $20,591 |
References
More about our data sources and methodologies.