Alverno College

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2017 Undergraduate Tuition

$27,552

5.03% growth from 2016

2017 Average Net Price

$18,028

After Financial Aid

2016 Student Loan

7.03%

Default Rate

2017 Acceptance Rate

89.4%

576 Applicants

2017 Enrolled Students

1,942

72.3% Full-Time

2017 Graduation Rate

44.6%

86 Graduates

About

Alverno College is a higher education institution located in Milwaukee County, WI. In 2016, the most popular Bachelor's Degree concentrations at Alverno College were Registered Nursing (113 degrees awarded), General Studies (50 degrees), and General Business Administration & Management (47 degrees).

In 2017, 567 degrees were awarded across all undergraduate and graduate programs at Alverno College. 94% of these degrees were awarded to women, and 6% awarded men. The majority of degree recipients were white (374 degrees), 4.99 times more than then the next closest race/ethnicity group, black or african american (75 degrees).

The median undergraduate tuition at Alverno College is $27,552, which is $6,819 more than the national average for Masters Colleges and Universities ($20,733).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Alverno College is $27,552, which is $6,819 more than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $18,028.

In 2017, 92% of undergraduate students received federal grants, while 80% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$27,552

2017 Undergraduate Tuition

In 2017, the cost of tuition at Alverno College was $27,552. The cost of tuition at Alverno College is $6,819 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

Average Net Price

$18,028

2017 Value

4.42%

1 Year Growth

In 2017 Alverno College had an average net price — the price paid after factoring in grants and loans — of $18,028. Between 2016 and 2017, the average net price of Alverno College grew by 4.42%.

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

$7,867

Room and Board

$625

Books and Supplies

The average yearly cost of room and board at Alverno College was of $7,867 in 2017. During the same period, the average yearly cost of books and supplies was $625. The cost of room and board increased by 1.61% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

92%

Of Undergraduates Receive Grants

80%

Of Undergraduates Receive Federal Loans

92% of undergraduate students at Alverno College received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 92% 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.

7.03%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Alverno College was 7.03%, which represents 59 out of the 839 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 576 undergraduate applications in 2017, which represents a 10.3% annual decline. Out of those 576 applicants, 515 students were accepted for enrollment, representing a 89.4% acceptance rate.

There were 1,942 students enrolled at Alverno College in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Alverno College has an overall enrollment yield of 38.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.4%

Acceptance Rate in 2017

515

Accepted Out of 576

In 2017, the undergraduate acceptance rate of Alverno College was 89.4% (515 admissions from 576 applications). This is higher than the acceptance rate of 2016, which was 80.2%. Between 2016 and 2017, the number of applicants declined by -10.3%, while admissions stayed by 0%.

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 2017 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 1,942 students. The full-time enrollment at Alverno College is 1,404 students and the part-time enrollment is 538. This means that 72.3% of students enrolled at Alverno College are enrolled full-time.

The enrolled student population at Alverno College, both undergraduate and graduate, is 54.8% White, 20.5% Hispanic or Latino, 14.1% Black or African American, 4.94% Asian, 3.91% Two or More Races, 0.463% American Indian or Alaska Native, and 0.0515% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alverno College in full-time Undergraduate programs are majority White Female (46.8%), followed by Hispanic or Latino Female (28.7%) and Black or African American Female (12.4%). Students enrolled in full-time Graduate programs are majority White Female (56.8%), followed by Black or African American Female (16.6%) and White Male (7.61%).

Full-Time vs Part-Time Enrollment

72.3%

Full-Time Enrollment

The total enrollment at Alverno College, both undergraduate and graduate, is 1,942 students. The full-time enrollment at Alverno College is 1,404 and the part-time enrollment is 538. This means that 72.3% of students enrolled at Alverno College are enrolled full-time compared with 68.6% 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%

2017 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
1,065
Hispanic or Latino
399
Black or African American
274

The enrolled student population at Alverno College is 54.8% White, 20.5% Hispanic or Latino, 14.1% Black or African American, 4.94% Asian, 3.91% Two or More Races, 0.463% American Indian or Alaska Native, and 0.0515% 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 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 0 students (0%) did not report their race.

Graduates

In 2017, 499 more women than men received degrees from Alverno College. The majority of degree recipients at Alverno College are white (374 degrees awarded). There were 4.99 times more white graduates than the next closest race/ethnicity group, black or african american (75 degrees).

The most common Bachelor's Degree concentration at Alverno College is Registered Nursing (113 degrees awarded), followed by General Studies (50 degrees) and General Business Administration & Management (47 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 (181 degrees awarded), Psychology (36 degrees), and Philosophy and Religious Studies (3 degrees).

Workforce

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 (1,986,813 people), Registered nurses (1,384,141 people), Secondary school teachers (316,677 people), Education administrators (308,495 people), and Postsecondary teachers (221,335 people).

The most specialized majors at Alverno College are Education (181 degrees awarded), Psychology (36 degrees), Philosophy and Religious Studies (3 degrees), Health (160 degrees), and Cultural & Gender Studies (2 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, Public relations specialists, Sales managers, Geoscientists and hydrologists, except geographers, and Dentists

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 (3,119,277 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,664,029 people), Colleges, universities & professional schools, including junior colleges (488,369 people), Outpatient care centers (351,457 people), and Offices of physicians (245,008 people).

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
113 degree-majorss awarded
General Studies
50 degree-majorss awarded
General Business Administration & Management
47 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Alverno College was Registered Nursing with 113 degree-majorss awarded.

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

Gender Breakdown for Common Majors

Degrees Awarded to Men

In 2017, 34 degrees were awarded to men at Alverno College, which is 0.0638 times less than the number of degrees awarded to females (533).

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

Most Common Male Majors

In 2017, 14 degrees were awarded to men at Alverno College in Middle School Education & Teaching, which is 0.5 times less than the 28 female recipients with that same degree.

Most Common Female Majors

In 2017, 116 degrees were awarded to women at Alverno College in Registered Nursing, which is 116 times more than the 1 male recipients with that same degree.

Time to Complete

17%

100% Completion Time

42%

150% Completion Time

In 2017, 17% of students graduating from Alverno College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 42% completed their degrees within 150% of the normal time, and 45% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (49.3%)

The student demographic with the highest graduation rate at Alverno College is Female and White (49.3% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (68.1%).

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
374 degrees awarded
Black or African American
75 degrees awarded
Hispanic or Latino
66 degrees awarded

The most common race/ethnicity at Alverno College is white (374 degrees awarded). There were 4.99 times more white recipients than the next closest race/ethnicity group, black or african american (75 degrees).

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

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
350 degrees awarded
Black or African American Female
70 degrees awarded
Hispanic or Latino Female
64 degrees awarded

The most common race/ethnicity and gender grouping at Alverno College is white female (350 degrees awarded). There were 5 times more white female recipients than the next closest race/ethnicity group, black or african american female (70 degrees).

Operations

Alverno College has an endowment valued at nearly $27.7M, as of the end of the 2017 fiscal year. The return on its endowment was of $2.95M (10.7%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Alverno College had a total salary expenditure of $40.5M. Alverno College employs 35 Assistant professors, 30 Professors, and 22 Associate professors. Most academics at Alverno College are Female Assistant professors (29), Female Professors(22), and Female Associate professors (18).

The most common positions for non-instructional staff at Alverno College are: Management, with 69 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 34 employees, and Office and Administrative Support with 33 employees.

Finances

Endowment

$27.7M

2017 Endowment

16.2%

growth from 2016

Alverno College has an endowment valued at about $27.7M, as of the end of the 2017 fiscal year. The endowment of Alverno College grew 16.2% from the previous year. The value of their endowment was $5.42M 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

$55.3k - Federal
$0 - State
$61.5k - Local

As of 2017, Alverno College received $55.3k in grants and contracts from the federal government, $0 from state grants and contracts, and $61.5k from local grants and contracts.

Expenses

Salary Expenditure

$18.1M

2017 Salaries

8.19%

decline from 2016

In 2017, Alverno College paid a median of $18.1M in salaries, which represents 44.7% of their overall expenditure ($40.5M) and a 8.19% decline from the previous year. This is compared to a 9.2% decline from 2015 and a 2.79% decline from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

Instructional Salaries

$5.1M

Instructional Salaries

Number of Employees

In 2017, Alverno College paid a total of $5.1M to 87 employees working as instructors, which represents 28.1% of all salaries paid.

This is compared to a median of $10.4M (33%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

35 Employees

Management

Most Common Non-Instructional Employee

69 Employees

In 2017, the most common positions for instructional staff at Alverno College were Assistant professor with 35 employees; Professor with 30 employees; and Professor with 22 employees.

In 2017, the most common positions for non-instructional staff at Alverno College were Management with 69 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 34 employees; and Office and Administrative Support with 33 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Female Assistant professor
Female Professor
Female Associate professor

In 2017, the most common demographic for instructional staff at Alverno College was Female Assistant professor with 29 employees, Female Professor with 22 employees, and Female Associate professor with 18 employees.

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

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