What You Should Know About Alvernia Financial Aid
Do you know financial aid and scholarship qualifications are based on different standards? Continue reading to find information on the amount of assistance and scholarships can be expected from Alvernia.
How Much Financial Aid is Offered?
Alvernia University's average financial aid offer for newly arriving first year students is $27,458. About 99.0% of first year students get some money for college, the majority of which is scholarships and grants.
Loans are a part of financial aid plans, however the only true college discount is a scholarship or grant that you don't have to repay.
Student debt should be thought of as a consequence instead of true financial aid. Learn more about student loan debt at Alvernia.
How Much Is Available in Scholarships & Grants?
The numbers below refer to grants and scholarships mainly supplied by Alvernia University.
99.0% of new students (372 total) were offered scholarships at Alvernia University, averaging $14,314 per student. This ranks in the top 40th percentile of all schools nationwide.
In addition to scholarships, 42.0% of first year students (157 total) got federal grant aid, for about $4,366 per person.
The graph underneath displays the average level of scholarship and grant aid given to all freshmen.
Grants are usually based on need while scholarships are based on merit or ability.
How Income Level Affects Aid
The following table displays grant and scholarship distributions by income level for freshman students getting any type of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||26.9%||$14,661|
Title IV aid includes loans, grants, or work-study awarded from the federal government typically determined by need. Learn more here.
Scholarships & Grants for All Undergrads Average $11,908
Of the 2,442 undergrads at Alvernia University around 87.0% (2,116 total) receive some form of grant aid. The standard number awarded was $11,908.
Alvernia University Financial Aid Info
|Financial Aid Department Website||www.alvernia.edu/financialaid/index.html|
|Net Price Calculator||www.alvernia.edu/financialaid/netpricecalculator.html|