A
Private 4 Year

Alverno College Tuition & Cost

Milwaukee, Wisconsin

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How much does it cost to attend?

Sticker Price
$45,216
Costs for Alverno College
Fee Cost
Tuition$29,808
Books and Supplies$768
Other Fees$850
Room and Board $8,770
Other Expenses Budget$5,020

Annual Prices

The annual list price to attend Alverno College on a full time basis for 2020/2021 is $45,216 for all students regardless of their residency. This fee is comprised of $29,808 for tuition, $8,770 room and board, $768 for books and supplies and $850 for other fees. Out of state tuition for Alverno College is $29,808, the same as Wisconsin residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Alverno College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$20,080
Net Price by Income Alverno College
Family Income Net Price Paid
$0 to $30,000$17,790
$30,001 to $48,000$16,842
$48,001 to $75,000$18,834
$75,001 to $110,000$22,721
$110,000+$26,132

The average reported annual net price for Alverno College for students receiving grants or scholarship aid was $20,080 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges 

Financial Aid

100% of full-time undergrad Alverno College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $20,640 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 81% of students received Federal Student Loans averaging $5,327 and 4% of undergrads took out private student loans averaging $12,850.

Finanical Aid Alverno College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $20,640 100%
Institutional Grants and Scholarships $14,969 99%
Pell Grants $4,723 66%
Other Federal Grants $286 36%
State and Local Grants $3,402 71%
Federal Student Loans $5,327 81%
Other Student Loans $12,850 4%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Alverno College, we've modeled a ten year student loan with an original principal value of $56,532. The loan balance of $56,532 is a four year multiple of the $14,133 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $539 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $56,532
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $539.38
Total Interest Paid $8,193.32
Sum of All Loan Payments $64,725.32

Projected 4 Year Degree Price

4 Year Sticker Price
$180,864
Year All Residents
1 $45,216
2 $46,962
3 $48,776
4 $50,659

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Alverno College to be $180,864 - assuming graduation in normal time. The estimation assumes a 3.9% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Alverno College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,242 $3,726 $4,968

Estimated cost for a class at Alverno College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Alverno College versus other colleges.

Tuition Payment Plans Available

Alverno College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=238193 IPEDS survey data for Alverno College.