In 2021, tuition for full-time students at Alvernia University was $39,100 a year.
In 2022, tuition increased 3.49%–from $37,780 the prior year. Usually, college tuition goes up about 3% every year.
Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is far less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make theprice of collegemore manageable until after graduation.
Alvernia University is a private, religious institution, so it has the same tuition for residents of Pennsylvania as it does for students who live in other states.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Attending a college where you qualify for in-state tuition can save students a lot of money on the total cost of attending college. Don't forget to confirm your state's rules for in-state residency. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on where you live.
Explore other Pennsylvania colleges
Tuition at Alvernia University is the same for every student.
International students are not eligible for federal financial aid, but may be eligible for private or Alvernia University-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Alvernia University.
Room and board at Alvernia University costs $14,030 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat in the school dining facilities.
Board costs may vary depending on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Most colleges have ways for students with financial need to get help covering these fees.
The cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget. At Alvernia University, freshman are allowed to park on campus.
A school's location can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area might be costly, but cities may offer more buses, trains or low-cost flight options to actually get to school. Alvernia Universityis in a suburban setting in Pennsylvania, near Philadelphia.
When estimating your budget for college, don’t forget to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for Alvernia University.
What will the cost of attending Alvernia University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$14,030|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
The majority of Alvernia University undergrads use financial aid to finance their education. In 2022, 1,431 of the 2,045 undergrads enrolled received financial aid. Alvernia University meets 65% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $22,520 a year. Around 84% of Alvernia University undergrads take out student loans to cover any remaining costs. Alvernia University graduates who have student loans graduate with an average of $51,958 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Alvernia University Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Alvernia University financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, Alvernia University awarded 1,400 need-based scholarships to students, giving away total of $23.7 million to help students with financial need cover the cost of school. An additional $3.95 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Alvernia University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Alvernia University was $22,520 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Alvernia University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Alvernia University really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Alvernia University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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