Alverno College

www.alverno.edu

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2020 Undergraduate Tuition

$29,808

4.02% growth from 2019

2020 Average Net Price

$20,080

After Financial Aid

2018 Student Loan

4.75%

Default Rate

2020 Acceptance Rate

78.2%

758 Applicants

2020 Enrolled Students

1,876

73.6% Full-Time

2020 Graduation Rate

43.2%

82 Graduates

About

Alverno College is a higher education institution located in Milwaukee County, WI. In 2020, the most popular Bachelor's Degree concentrations at Alverno College were Registered Nursing (88 degrees awarded), Liberal Arts & Sciences (27 degrees), and Elementary Education & Teaching (19 degrees).

In 2020, 618 degrees were awarded across all undergraduate and graduate programs at Alverno College. 93.5% of these degrees were awarded to women, and 6.47% awarded men. The most common race/ethnicity group of degree recipients was white (379 degrees), 3.35 times more than then the next closest race/ethnicity group, hispanic or latino (113 degrees).

The median undergraduate tuition at Alverno College is $29,808, which is $7,278 more than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Alverno College is $29,808, which is $7,278 more than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $20,080.

In 2020, 93% of undergraduate students attending Alverno College received financial aid through grants. Comparatively, 76% of undergraduate students received financial aid through loans.

Tuition Costs

$29,808

2020 Undergraduate Tuition

In 2020, the cost of tuition at Alverno College was $29,808. The cost of tuition at Alverno College is $7,278 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

This chart compares the tuition costs of Alverno College (in red) with those of other similar universities.

Average Net Price

$20,080

2020 Value

9.23%

1 Year Growth

In 2020 Alverno College had an average net price — the price paid after factoring in grants and loans — of $20,080. Between 2019 and 2020, the average net price of Alverno College grew by 9.23%.

This chart compares the average net price of Alverno College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$8,035

Room and Board

$768

Books and Supplies

The average yearly cost of room and board at Alverno College was of $8,035 in 2020. During the same period, the average yearly cost of books and supplies was $768. The cost of room and board decreased by 2.29% between 2019 and 2020. The cost of books and supplies increased by 22.9% during the same period.

This chart compares the average student costs at Alverno College (in red) with that of similar universities.

Financial Aid by Income Level

93%

Undergraduates Receiving Financial Aid through Grants

76%

Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Alverno College received financial aid through grants or loans in 2020. This represents a decline of 1.06% with respect to 2019, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Alverno College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

4.75%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Alverno College was 4.75%, which represents 36 out of the 758 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Alverno College received 758 undergraduate applications in 2020, which represents a 2.45% annual decline. Out of those 758 applicants, 593 students were accepted for enrollment, representing a 78.2% acceptance rate.

There were 1,876 students enrolled at Alverno College in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Alverno College has an overall enrollment yield of 21.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.2%

Acceptance Rate in 2020

593

Accepted Out of 758

In 2020, the undergraduate acceptance rate of Alverno College was 78.2% (593 admissions from 758 applications). This is higher than the acceptance rate of 2019, which was 69.4%. Between 2019 and 2020, the number of applicants declined by −2.45%, while admissions grew by 10%.

This chart compares the acceptance rate of Alverno College (in red) with that of other similar universities.

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Alverno College in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Alverno College has a total enrollment of 1,876 students. The full-time enrollment at Alverno College is 1,381 students and the part-time enrollment is 495. This means that 73.6% of students enrolled at Alverno College are enrolled full-time.

The enrolled student population at Alverno College, both undergraduate and graduate, is 50.4% White, 24.6% Hispanic or Latino, 14.9% Black or African American, 5.33% Asian, 3.25% Two or More Races, 0.373% American Indian or Alaska Native, and 0.0533% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alverno College in full-time Undergraduate programs are most commonly White Female (39.7%), followed by Hispanic or Latino Female (36.2%) and Black or African American Female (11.6%). Students enrolled in full-time Graduate programs are most commonly White Female (53%), followed by Black or African American Female (16.2%) and Hispanic or Latino Female (14.1%).

Full-Time vs Part-Time Enrollment

73.6%

Full-Time Enrollment

The total enrollment at Alverno College, both undergraduate and graduate, is 1,876 students. The full-time enrollment at Alverno College is 1,381 and the part-time enrollment is 495. This means that 73.6% of students enrolled at Alverno College are enrolled full-time compared with 68.8% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Alverno College (in red) compares to similar universities.

Retention Rate over Time

71%

2020 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Alverno College was 71%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Alverno College had a retention rate lower than its peers.

This chart shows the retention rate over time at Alverno College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
945
Hispanic or Latino
462
Black or African American
280

The enrolled student population at Alverno College is 50.4% White, 24.6% Hispanic or Latino, 14.9% Black or African American, 5.33% Asian, 3.25% Two or More Races, 0.373% American Indian or Alaska Native, and 0.0533% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52.6% White, 16.6% Hispanic or Latino, and 13% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 8 students (0.426%) did not report their race.

Graduates

In 2020, 538 more women than men received degrees from Alverno College. The most common race/ethnicity group of degree recipients at Alverno College is white (379 degrees awarded). There were 3.35 times more white graduates than the next closest race/ethnicity group, hispanic or latino (113 degrees).

The most common Bachelor's Degree concentration at Alverno College is Registered Nursing (88 degrees awarded), followed by Liberal Arts & Sciences (27 degrees) and Elementary Education & Teaching (19 degrees).

The most specialized majors across all degree types at Alverno College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Education (238 degrees awarded), Psychology (63 degrees), and Health (162 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Alverno College are Elementary & middle school teachers (2,012,928 people), Registered nurses (1,451,217 people), Accountants & auditors (1,089,832 people), Other managers (794,011 people), and Financial managers (483,652 people).

The most specialized majors at Alverno College are Education (238 degrees awarded), Psychology (63 degrees), Health (162 degrees), Liberal Arts & Humanities (46 degrees), and Business (56 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Alverno College are Surgeons, Skincare specialists, Broadcast announcers and radio disc jockeys, Physicians, and Podiatrists

The most specialized majors at Alverno College are Education (238 degrees awarded), Psychology (63 degrees), Health (162 degrees), Liberal Arts & Humanities (46 degrees), and Business (56 degrees).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Alverno College are Elementary & secondary schools (3,576,631 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,952,442 people), Colleges, universities & professional schools, including junior colleges (749,103 people), Insurance carriers (539,494 people), and Banking & related activities (528,121 people).

The most specialized majors at Alverno College are Education (238 degrees awarded), Psychology (63 degrees), Health (162 degrees), Liberal Arts & Humanities (46 degrees), and Business (56 degrees).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Alverno College.

Most Common

Registered Nursing
88 degree-majorss awarded
Liberal Arts & Sciences
27 degree-majorss awarded
Elementary Education & Teaching
19 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Alverno College was Registered Nursing with 88 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Alverno College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

578

Degrees Awarded to Women

in 2020

In 2020, 40 degrees were awarded to men at Alverno College, which is 0.0692 times less than the number of degrees awarded to females (578).

This chart displays the sex disparity between the top 5 majors at Alverno College by degrees awarded.

Most Common Male Majors

In 2020, 6 degrees were awarded to men at Alverno College in Curriculum & Instruction, which is 0.545 times less than the 11 female recipients with that same degree.

Most Common Female Majors

In 2020, 88 degrees were awarded to women at Alverno College in Registered Nursing, which is Infinityk times more than the 0 male recipients with that same degree.

Time to Complete

19%

100% Completion Time

39%

150% Completion Time

In 2020, 19% of students graduating from Alverno College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 39% completed their degrees within 150% of the normal time, and 39% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate at Alverno College is Female and Two or More Races (66.7% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
379 degrees awarded
Hispanic or Latino
113 degrees awarded
Black or African American
80 degrees awarded

The most common race/ethnicity at Alverno College is white (379 degrees awarded). There were 3.35 times more white recipients than the next closest race/ethnicity group, hispanic or latino (113 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
352 degrees awarded
Hispanic or Latino Female
110 degrees awarded
Black or African American Female
73 degrees awarded

The most common race/ethnicity and sex grouping at Alverno College is white female (352 degrees awarded). There were 3.2 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (110 degrees).

Operations

Alverno College has an endowment valued at nearly $31.5M, as of the end of the 2020 fiscal year. The return on its endowment was of $1.07M (3.38%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Alverno College had a total salary expenditure of $37.7M. Alverno College employs 42 Assistant professors, 26 Professors, and 24 Associate professors. Most academics at Alverno College are Female Assistant professors (36), Female Associate professors(21), and Female Professors (18).

The most common positions for non-instructional staff at Alverno College are: Management, with 74 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 33 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 26 employees.

Endowment

$31.5M

2020 Endowment

0.447%

decline from 2019

Alverno College has an endowment valued at about $31.5M, as of the end of the 2020 fiscal year. The endowment of Alverno College declined 0.447% from the previous year. The value of their endowment was $8.11M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Alverno College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$1.29M - Federal
$251k - State
$16.5k - Local

As of 2020, Alverno College received $1.29M in grants and contracts from the federal government, $251k from state grants and contracts, and $16.5k from local grants and contracts.

Salary Expenditure

$17.4M

2020 Salaries

3.1%

decline from 2019

In 2020, Alverno College paid a median of $17.4M in salaries, which represents 46% of their overall expenditure ($37.7M) and a 3.1% decline from the previous year. This is compared to a 0.811% growth from 2018 and a 1.94% decline from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

Instructional Salaries

$5.43M

Instructional Salaries

Number of Employees

In 2020, Alverno College paid a total of $5.43M to 92 employees working as instructors, which represents 31.3% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

42 Employees

Management

Most Common Non-Instructional Employee

74 Employees

In 2020, the most common positions for instructional staff at Alverno College were Assistant professor with 42 employees; Professor with 26 employees; and Professor with 24 employees.

In 2020, the most common positions for non-instructional staff at Alverno College were Management with 74 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 33 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 26 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Female Assistant professor
Female Associate professor
Female Professor

In 2020, the most common demographic for instructional staff at Alverno College was Female Assistant professor with 36 employees, Female Associate professor with 21 employees, and Female Professor with 18 employees.

This chart shows the sex split between each academic rank present at Alverno College.