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Colleges / Alverno College

Alverno College

Milwaukee, WI 4-Year Private
Acceptance Rate90%

Alverno College Tuition Information

In 2022, tuition for full-time students at Alverno College was $31,944 a year.

In 2023, tuition increased 3.02%–from $31,008 the previous year. On average, college tuition rises about 3% year.

If these numbers feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students pay far less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theactual cost of attending college more manageable until after graduation.

Alverno College meets 0% of the demonstrated financial need for undergraduates. First-year students that attend Alverno College full-time are awarded $29,906 a year in financial aid, on average.

In 2020, students graduated with an average of $29,234 in student loans for each student with debt.

In-state vs. Out-of-state Tuition at Alverno College

Alverno College is a private, religious institution, so it has the same tuition for residents of Wisconsin as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for students who are residents of that state.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Don't forget to verify 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 Wisconsin colleges

Is Alverno College's Tuition Different for International Students?

Tuition at Alverno College is the same for all students.

International students usually do not qualify for for federal financial aid, but may be eligible for private or Alverno College-specific aid and scholarships. International students with need may qualify for the following types of financial support at Alverno College:

•On-campus jobs •Loans from outsideAlverno College

International students without financial need may be eligible for merit-based institutional scholarships.


Alverno College Housing Expenses, Fees, and More


Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Alverno College.

House and Food Costs at Alverno College

Housing and campus dining at Alverno College costs $10,237 a year. This includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the school dining facilities.

Board costs vary based on on the number of meals you intend to eat on-campus

How Much Do Books Cost at Alverno College?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools have resources so that those with financial need to get help covering these costs.

Transportation costs

The cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus walkable? Do you own a car, or are you planning to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. At Alverno College, freshman are allowed to park on campus.

The location of a college or university can impact 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 getting around in an urban area could be costly, but there may be more trains, busses or affordable flights to actually get to school. Alverno Collegeis in a city in Wisconsin.

Other Costs

When creating a 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.


Financial Breakdown for Alverno College


Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for Alverno College.

Total Cost of Alverno College

What will the cost of attending Alverno College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition $31,944
Room and Board $10,237

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus $43,031
Off-Campus $32,794

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.

Alverno College’s tuition and fees change based on: •Academic program for both full and part-time students


Alverno College Financial Aid


The majority of Alverno College undergrads use financial aid to finance their education. In 2023, 432 of the 788 undergrads enrolled received financial aid. Alverno College meets 0% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $29,906 a year. Around 77.91% of Alverno College undergrads take out student loans to cover any remaining costs. Alverno College graduates who have student loans graduate with an average of $29,234 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $26,484
Private Loans $20,469
Most Common Loans for Alverno College Students
Federal Loans 77.91%
Private loans 10.47%

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 Alverno College financial aid, keep reading, or visit their financial aid website.

Scholarships at Alverno College

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 2023, Alverno College awarded 332 need-based scholarships to students.

Alverno College Net Cost

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 Alverno College 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 Alverno College was $29,906 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Alverno College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $13,125
Off-Campus $2,888

What will attending Alverno College 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Alverno College's net cost calculator on their website.

Alverno College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Alverno College does not have guaranteed tuition.

Alverno College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Alverno College Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Alverno College has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Alverno College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Alverno College's endowment was valued at $35.5 million in 2023, compared to a national average of $905 million. The school spends $9,017 for each full-time student enrolled.


Learn More About Alverno College


To learn more about Alverno College, choose from the options below:

Overview

Student Life

Academics

Admissions

See what others are saying about Alverno College in the College Confidential forums

Alverno College Tuition & Fees

Tuition & Fees

$43,031

In State

$43,031

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$31,944
$31,944
Fees
$850
$850
Housing
$10,237
$10,237
Books
Unknown
Unknown

Alverno College Financial Aid

Students Who Receive Need-Based Aid

57%

Average Financial Aid Package

$28,084

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

1,596

Campus Setting

Urban

Acceptance Rate

90%

Tuition and Fees

In State

$32,794

Out-of-State

$32,794

Fall Freshmen
Application Deadline

Continuous processing
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