Alverno Aid: Everything You Must Know
The amount of financial aid and scholarships you are eligible for will vary based on your needs. Keep reading to find information on the amount of aid and scholarships to expect from Alverno.
What Amount of Financial Aid is Available?
Alverno College's standard financial aid package for newly arriving first year students is $22,517. About 100.0% of first year students receive some form of financial aid, most of which is scholarships and grants.
Loans are included in the umbrella of 'financial aid', but the only true discount off of the expense of college is a scholarship or grant that you don't need to repay.
Student debt should be considered to be an "outcome" and not "aid". Read more about student loan debt at Alverno.
How Much Aid Is Offered in Scholarships & Grants?
The following numbers refer to grants and scholarships mainly provided by Alverno College.
98.0% of first year students (220 total) were offered scholarships at Alverno College, averaging $10,517 a piece. This puts it in the top 40th percentile of all schools in the nation.
As well as scholarships, 64.0% of first year students (143 total) got a federal grant, for about $4,563 per person.
The graph below shows the average amount of scholarship and grant aid distributed to all freshmen.
Scholarships are merit-based, while grants are need based.
Financial Aid per Family Income
The below table displays grant and scholarship allocations by income level for first year students receiving any type of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 31.6% | $17,427 |
| Income 30k-48k | 19.1% | $18,220 |
| Income 48k-75k | 18.2% | $16,995 |
| Income 75k-110k | 13.3% | $12,557 |
| Income 110k + | 8.9% | $10,152 |
Title IV aid includes grants, loans, or work-study awarded by the federal government generally determined by need. Learn more here.
Scholarships & Grants for All Students Average $12,905
92.0% of the 1,558 undergraduates at Alverno College are given some kind of grant aid. This is a total around 1,438 students benefiting from an average of $12,905 per person.
Financial Aid Links from Alverno College
| Financial Aid Department Website | www.alverno.edu/financialaid/ |
| Net Price Calculator | www.alverno.edu/npc |
