Tuition and Fees
The cost for undergraduate students to attend Alverno College for an academic year can be broken down into $28,656 for tuition, $800 for fees, $768 for books and supplies, $8,950 for room and board and $5,020 for other expenses. The cost for in-state and out-of-state students is the same.
Tuition and Fees
| Tuition | $28,656 |
| Fees | $800 |
| Books and supplies | $768 |
| Room and board | $8,950 |
| Other expenses | $5,020 |
Tuition Plans
| Any alternative tuition plans offered by institution | Yes |
| Tuition guaranteed plan | No |
| Prepaid tuition plan | No |
| Tuition payment plan | Yes |
| Other alternative tuition plan | No |
Financial Aid
100% of undergradate students at Alverno College received financial aid. The distribution of financial aid types at Alverno College consists of 100% receiving grant or scholarship aid of $18,927 on average, 62% receiving pell grants of $4,676 on average, 99% receiving institutional grants or scholarships of $13,901 on average, and 72% receiving federal student loans of $6,709 on average.
Average Grant/Scholarship Aid
Awarded any Financial Aid
| Aid Type | Number Receiving | Percent Receiving | Average Aid Received |
|---|---|---|---|
| Grant or scholarship aid | 185 | 100% | $18,927 |
| Pell grants | 114 | 62% | $4,676 |
| Institutional grants or scholarships | 184 | 99% | $13,901 |
| Federal student loans | 133 | 72% | $6,709 |
Net Price
Average Net Price
Net prices changes by family income and financial need. Net price typically increases with increase in family income because of higher amounts of financial aid available to students belonging to lower income families. Students in the lowest $0 – $30,000 family income bracket paid net price of $12,483 compared to net price of $13,949 in the $30,001 – $48,000 family income bracket, $15,783 in the $48,001 – $75,000 family income bracket, $20,751 in the $75,001 – $110,000 family income bracket and $20,628 in the $110,001 and more family income bracket.
| Family Income | Net Price Paid |
| $0 – $30,000 | $12,483 |
| $30,001 – $48,000 | $13,949 |
| $48,001 – $75,000 | $15,783 |
| $75,001 – $110,000 | $20,751 |
| $110,001 and more | $20,628 |
Net price reflects the actual cost to attend after accounting for finanical aid. Net price includes tuition, books, living costs, and other expenses after subtracting federal financial aid received by students.
Sticker Price
The cost for a 4 year bachelors degree at Alverno College is $193,316. The cost reported is aggregated over 4 years and includes tuition and fees, books and supplies, room and board, and other miscellaneous expenses. The year to year increases in tuition and cost of living are accounted by applying a rate of increase of 6% which is based on the average rate of increase in the last 2 years as reported by Alverno College. The actual net cost paid by students could be lower because financial aid is not accounted for in this cost. The cost for in-state and out-of-state students is the same.
4-year Sticker Price
| Year | Sticker Price |
|---|---|
| 1 | $44,194 |
| 2 | $46,646 |
| 3 | $49,527 |
| 4 | $52,949 |