Alverno College

https://www.alverno.edu

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2019 Undergraduate Tuition

$28,656

4.01% growth from 2018

2019 Average Net Price

$18,384

After Financial Aid

2017 Student Loan

6.27%

Default Rate

2019 Acceptance Rate

69.4%

777 Applicants

2019 Enrolled Students

1,744

73.2% Full-Time

2018 Graduation Rate

38.9%

74 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 (76 degrees awarded), General Business Administration & Management (36 degrees), and General Studies (33 degrees).

In 2019, 531 degrees were awarded across all undergraduate and graduate programs at Alverno College. 96.4% of these degrees were awarded to women, and 3.58% awarded men. The most common race/ethnicity group of degree recipients was white (324 degrees), 3.9 times more than then the next closest race/ethnicity group, hispanic or latino (83 degrees).

The median undergraduate tuition at Alverno College is $28,656, which is $6,630 more than the national average for Masters Colleges and Universities ($22,027).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Alverno College is $28,656, which is $6,630 more than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $18,384.

In 2019, 94% of undergraduate students received federal grants, while 79% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$28,656

2019 Undergraduate Tuition

In 2019, the cost of tuition at Alverno College was $28,656. The cost of tuition at Alverno College is $6,630 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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

Average Net Price

$18,384

2019 Value

0.547%

1 Year Growth

In 2019 Alverno College had an average net price — the price paid after factoring in grants and loans — of $18,384. Between 2018 and 2019, the average net price of Alverno College grew by 0.547%.

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

$8,223

Room and Board

$625

Books and Supplies

The average yearly cost of room and board at Alverno College was of $8,223 in 2019. During the same period, the average yearly cost of books and supplies was $625. The cost of room and board increased by 1.54% between 2018 and 2019. 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

94%

Of Undergraduates Receive Grants

79%

Of Undergraduates Receive Federal Loans

94% of undergraduate students at Alverno College received grants or loans in 2019. This represents a growth of 1.08% with respect to 2018, when 93% 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.

6.27%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Alverno College was 6.27%, which represents 48 out of the 765 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 777 undergraduate applications in 2019, which represents a 6.73% annual growth. Out of those 777 applicants, 539 students were accepted for enrollment, representing a 69.4% acceptance rate.

There were 1,744 students enrolled at Alverno College in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Alverno College has an overall enrollment yield of 31.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

69.4%

Acceptance Rate in 2019

539

Accepted Out of 777

In 2019, the undergraduate acceptance rate of Alverno College was 69.4% (539 admissions from 777 applications). This is lower than the acceptance rate of 2018, which was 69.8%. Between 2018 and 2019, the number of applicants grew by 6.73%, while admissions grew by 6.1%.

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 2019 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 1,744 students. The full-time enrollment at Alverno College is 1,277 students and the part-time enrollment is 467. This means that 73.2% of students enrolled at Alverno College are enrolled full-time.

The enrolled student population at Alverno College, both undergraduate and graduate, is 50.9% White, 24.7% Hispanic or Latino, 14.4% Black or African American, 4.07% Two or More Races, 3.96% Asian, 0.573% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alverno College in full-time Undergraduate programs are most commonly White Female (40.7%), followed by Hispanic or Latino Female (34.4%) and Black or African American Female (12.7%). Students enrolled in full-time Graduate programs are most commonly White Female (55.1%), followed by Black or African American Female (15.7%) and Hispanic or Latino Female (11.6%).

Full-Time vs Part-Time Enrollment

73.2%

Full-Time Enrollment

The total enrollment at Alverno College, both undergraduate and graduate, is 1,744 students. The full-time enrollment at Alverno College is 1,277 and the part-time enrollment is 467. This means that 73.2% of students enrolled at Alverno College are enrolled full-time compared with 69.2% 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%

2019 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 (74%), 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
888
Hispanic or Latino
431
Black or African American
252

The enrolled student population at Alverno College is 50.9% White, 24.7% Hispanic or Latino, 14.4% Black or African American, 4.07% Two or More Races, 3.96% Asian, 0.573% American Indian or Alaska Native, and 0% 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 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 2 students (0.115%) did not report their race.

Graduates

In 2019, 493 more women than men received degrees from Alverno College. The most common race/ethnicity group of degree recipients at Alverno College is white (324 degrees awarded). There were 3.9 times more white graduates than the next closest race/ethnicity group, hispanic or latino (83 degrees).

The most common Bachelor's Degree concentration at Alverno College is Registered Nursing (76 degrees awarded), followed by General Business Administration & Management (36 degrees) and General Studies (33 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 (163 degrees awarded), Cultural & Gender Studies (5 degrees), and Psychology (45 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 (1,593,602 people), Registered nurses (1,514,489 people), Secondary school teachers (555,982 people), Physicians (531,696 people), and Education administrators (322,188 people).

The most specialized majors at Alverno College are Education (163 degrees awarded), Cultural & Gender Studies (5 degrees), Psychology (45 degrees), Health (153 degrees), and Biology (17 degrees).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

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 Securities, commodities, & financial services sales agents, Surgeons, Computer hardware engineers, Magnetic resonance imaging technologists, and Actuaries

The most specialized majors at Alverno College are Education (163 degrees awarded), Cultural & Gender Studies (5 degrees), Psychology (45 degrees), Health (153 degrees), and Biology (17 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 (3,217,100 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,067,857 people), Colleges, universities & professional schools, including junior colleges (713,709 people), Outpatient care centers (469,527 people), and Offices of physicians (468,207 people).

The most specialized majors at Alverno College are Education (163 degrees awarded), Cultural & Gender Studies (5 degrees), Psychology (45 degrees), Health (153 degrees), and Biology (17 degrees).

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
76 degree-majorss awarded
General Business Administration & Management
36 degree-majorss awarded
General Studies
33 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Alverno College was Registered Nursing with 76 degrees 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 2019

512

Degrees Awarded to Women

in 2019

In 2019, 19 degrees were awarded to men at Alverno College, which is 0.0371 times less than the number of degrees awarded to females (512).

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

Most Common Male Majors

In 2019, 7 degrees were awarded to men at Alverno College in General Business Administration & Management, which is 0.113 times less than the 62 female recipients with that same degree.

Most Common Female Majors

In 2019, 81 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

11%

100% Completion Time

45%

150% Completion Time

In 2019, 11% of students graduating from Alverno College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 49% 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.

Asian Female

Highest Graduation Rate (57.1%)

The student demographic with the highest graduation rate at Alverno College is Female and Asian (57.1% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (69.1%).

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
324 degrees awarded
Hispanic or Latino
83 degrees awarded
Black or African American
72 degrees awarded

The most common race/ethnicity at Alverno College is white (324 degrees awarded). There were 3.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (83 degrees).

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

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
307 degrees awarded
Hispanic or Latino Female
81 degrees awarded
Black or African American Female
72 degrees awarded

The most common race/ethnicity and gender grouping at Alverno College is white female (307 degrees awarded). There were 3.79 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (81 degrees).

Operations

Alverno College has an endowment valued at nearly $31.7M, as of the end of the 2019 fiscal year. The return on its endowment was of $2.37M (7.49%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Alverno College had a total salary expenditure of $39.2M. Alverno College employs 39 Assistant professors, 28 Professors, and 21 Associate professors. Most academics at Alverno College are Female Assistant professors (32), Female Professors(21), and Female Associate professors (16).

The most common positions for non-instructional staff at Alverno College are: Management, with 70 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 31 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees.

Finances

Endowment

$31.7M

2019 Endowment

5.66%

growth from 2018

Alverno College has an endowment valued at about $31.7M, as of the end of the 2019 fiscal year. The endowment of Alverno College grew 5.66% from the previous year. The value of their endowment was $6.83M 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

$229k - Federal
$129k - State
$9.6k - Local

As of 2019, Alverno College received $229k in grants and contracts from the federal government, $129k from state grants and contracts, and $9.6k from local grants and contracts.

Expenses

Salary Expenditure

$17.9M

2019 Salaries

0.811%

growth from 2018

In 2019, Alverno College paid a median of $17.9M in salaries, which represents 45.8% of their overall expenditure ($39.2M) and a 0.811% growth from the previous year. This is compared to a 1.94% decline from 2017 and a 8.19% decline from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

Instructional Salaries

$5.26M

Instructional Salaries

Number of Employees

In 2019, Alverno College paid a total of $5.26M to 88 employees working as instructors, which represents 29.4% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

39 Employees

Management

Most Common Non-Instructional Employee

70 Employees

In 2019, the most common positions for instructional staff at Alverno College were Assistant professor with 39 employees; Professor with 28 employees; and Professor with 21 employees.

In 2019, the most common positions for non-instructional staff at Alverno College were Management with 70 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 31 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 29 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Female Assistant professor
Female Professor
Female Associate professor

In 2019, the most common demographic for instructional staff at Alverno College was Female Assistant professor with 32 employees, Female Professor with 21 employees, and Female Associate professor with 16 employees.

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

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