OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Alverno College Financial Aid and Scholarships 2022

Alverno College, which is located in Milwaukee, WI is a private, Roman Catholic university. In 1887, Alverno College was founded. Right now, the office of dean at the AC is headed by Kathleen O'Brien. The motto of Alverno College is In Sanctitate et Doctrina. This defines the north star being chased by both the students and the administrators. The total enrolment stands at 2,815 students at Alverno College. Around 1,105 and 639 students take admission in various undergraduate and postgraduate

Alverno College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

93%

Total Aid Amount Average Total Aid Awarded per year.

$17.543M

Financial Aid Official Website

https://www.alverno.edu/financialaid/

Interestingly, almost all of the students at AC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $9,035,924 in a year. More information regarding the financial assistance schemes can be accessed on AC’s official financial aid page at https://www.alverno.edu/financialaid/. At AC, the total percentage of applicants who receive the Federal Grant stands at 62%. Meanwhile, 100% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 62% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,842, while the same comes to $3,158 for State Grant receivers and $13,901 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,314. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $20,872 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $21,774, while those falling in the $48,001-$75,000 income category get $19,584 a year. On the other hand, the average federal aid stands at $14,544 for those with an annual family income between $75,001 and $110,000, and at $12,542 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At AC, an estimated number of 72% of the applicants choose to go for student loans.

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