Alverno College

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2016 Undergraduate Tuition

$26,232

5% growth from 2015

2016 Average Net Price

$18,861

After Financial Aid

2015 Student Loan

8.31%

Default Rate

2016 Acceptance Rate

80.2%

642 Applicants

2016 Enrolled Students

2,017

72% Full-Time

2016 Graduation Rate

42%

103 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 (132 degrees awarded), General Business Administration & Management (64 degrees), and General Studies (45 degrees).

In 2016, 684 degrees were awarded across all undergraduate and graduate programs at Alverno College. 94.2% of these degrees were awarded to women, and 5.85% awarded men. The majority of degree recipients were white (418 degrees), 4.1 times more than then the next closest race/ethnicity group, black or african american (102 degrees).

The median undergraduate tuition at Alverno College is $26,232, which is $6,072 more than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at Alverno College is $26,232, which is $6,072 more than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $18,861.

In 2016, 92% of undergraduate students received federal grants, while 80% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$26,232

2016 Undergraduate Tuition

In 2016, the cost of tuition at Alverno College was $26,232. The cost of tuition at Alverno College is $6,072 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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Average Net Price

$18,861

2016 Value

21.3%

1 Year Growth

In 2016 Alverno College had an average net price — the price paid after factoring in grants and loans — of $18,861. Between 2015 and 2016, the average net price of Alverno College grew by 21.3%.

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.

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Other Student Expenses

$7,742

Room and Board

$625

Books and Supplies

The average yearly cost of room and board at Alverno College was of $7,742 in 2016. During the same period, the average yearly cost of books and supplies was $625. The cost of room and board increased by 2.54% between 2015 and 2016. The cost of books and supplies decreased by 40.8% during the same period.

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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 2016. This represents a growth of 0% with respect to 2015, 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.

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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.

8.31%

2015 Default Rate

75

Number of Defaults

In 2015 the default rate for borrower's at Alverno College was 8.31%, which represents 75 out of the 902 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.

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Admissions

Alverno College received 642 undergraduate applications in 2016, which represents a 4.73% annual growth. Out of those 642 applicants, 515 students were accepted for enrollment, representing a 80.2% acceptance rate.

There were 2,017 students enrolled at Alverno College in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Alverno College has an overall enrollment yield of 32.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80.2%

Acceptance Rate in 2016

515

Accepted Out of 642

In 2016, the undergraduate acceptance rate of Alverno College was 80.2% (515 admissions from 642 applications). This is higher than the acceptance rate of 2015, which was 77.2%. Between 2015 and 2016, the number of applicants grew by 4.73%, while admissions grew by 8.88%.

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

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SAT Scores

N/A%

Submission Percentage

0

Scores Submitted

N/A% of enrolled first-time students at Alverno College in 2016 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.

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Enrollment

Alverno College has a total enrollment of 2,017 students. The full-time enrollment at Alverno College is 1,453 students and the part-time enrollment is 564. This means that 72% of students enrolled at Alverno College are enrolled full-time.

The enrolled student population at Alverno College, both undergraduate and graduate, is 57% White, 18% Hispanic or Latino, 14.1% Black or African American, 4.86% Asian, 3.77% Two or More Races, 0.645% American Indian or Alaska Native, and 0.248% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alverno College in full-time Undergraduate programs are majority White Female (51.9%), followed by Hispanic or Latino Female (23.6%) and Black or African American Female (12.6%). Students enrolled in full-time Graduate programs are majority White Female (60.1%), followed by Black or African American Female (16.9%) and Hispanic or Latino Female (7.51%).

Full-Time vs Part-Time Enrollment

72%

Full-Time Enrollment

The total enrollment at Alverno College, both undergraduate and graduate, is 2,017 students. The full-time enrollment at Alverno College is 1,453 and the part-time enrollment is 564. This means that 72% of students enrolled at Alverno College are enrolled full-time compared with 68.7% 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.

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Retention Rate over Time

72%

2016 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 72%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,150

  2. Hispanic or Latino

    364

  3. Black or African American

    285

The enrolled student population at Alverno College is 57% White, 18% Hispanic or Latino, 14.1% Black or African American, 4.86% Asian, 3.77% Two or More Races, 0.645% American Indian or Alaska Native, and 0.248% 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 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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.

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Graduates

In 2016, 604 more women than men received degrees from Alverno College. The majority of degree recipients at Alverno College are white (418 degrees awarded). There were 4.1 times more white graduates than the next closest race/ethnicity group, black or african american (102 degrees).

The most common Bachelor's Degree concentration at Alverno College is Registered Nursing (132 degrees awarded), followed by General Business Administration & Management (64 degrees) and General Studies (45 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 (177 degrees awarded), Cultural & Gender Studies (6 degrees), and Psychology (62 degrees).

Workforce

Common Jobs by Major

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 (1,979,855 people), Registered nurses (1,323,211 people), Secondary school teachers (312,670 people), Education administrators (300,276 people), and Counselors (261,675 people).

The most specialized majors at Alverno College are Education (177 degrees awarded), Cultural & Gender Studies (6 degrees), Psychology (62 degrees), Health (203 degrees), and Philosophy and Religious Studies (3 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Alverno College are Aircraft pilots & flight engineers, Chief executives & legislators, Physicians & surgeons, Dentists, and Financial analysts

The most specialized majors at Alverno College are Education (177 degrees awarded), Cultural & Gender Studies (6 degrees), Psychology (62 degrees), Health (203 degrees), and Philosophy and Religious Studies (3 degrees).

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Common Industries by Major

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 (3,120,437 people), Hospitals (1,660,618 people), Colleges, universities & professional schools, including junior colleges (457,878 people), Outpatient care centers (334,547 people), and Offices of physicians (222,727 people).

The most specialized majors at Alverno College are Education (177 degrees awarded), Cultural & Gender Studies (6 degrees), Psychology (62 degrees), Health (203 degrees), and Philosophy and Religious Studies (3 degrees).

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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

  1. 132 degrees awarded

  2. 64 degrees awarded

  3. 45 degrees awarded

In 2016, the most common bachelors degree concentration at Alverno College was Registered Nursing with 132 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 40

  2. 644

In 2016, 40 degrees were awarded to men at Alverno College, which is 0.0621 times less than the number of degrees awarded to females (644).

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

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Most Common Male Majors

In 2016, 12 degrees were awarded to men at Alverno College in Middle School Education & Teaching, which is 0.48 times less than the 25 female recipients with that same degree.

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Most Common Female Majors

In 2016, 139 degrees were awarded to women at Alverno College in Registered Nursing, which is N/A times more than the 0 male recipients with that same degree.

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Time to Complete

11%

100% Completion Time

36%

150% Completion Time

In 2016, 11% of students graduating from Alverno College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 36% completed their degrees within 150% of the normal time, and 41% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (52.5%)

The student demographic with the highest graduation rate at Alverno College is Female and White (52.5% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    418 degrees awarded

  2. Black or African American

    102 degrees awarded

  3. Hispanic or Latino

    98 degrees awarded

The most common race/ethnicity at Alverno College is white (418 degrees awarded). There were 4.1 times more white recipients than the next closest race/ethnicity group, black or african american (102 degrees).

0.146% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    393 degrees awarded

  2. Black or African American Female

    97 degrees awarded

  3. Hispanic or Latino Female

    93 degrees awarded

The most common race/ethnicity and gender grouping at Alverno College is white female (393 degrees awarded). There were 4.05 times more white female recipients than the next closest race/ethnicity group, black or african american female (97 degrees).

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Operations

Alverno College has an endowment valued at nearly $25.4M, as of the end of the 2015 fiscal year. The return on its endowment was of $608k (2.39%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Alverno College had a total expenditure of $44.1M. Of that $44.1M, they spent $21.7M on salaries and $44.1M on benefits.

Alverno College employs 36 Professors, 33 Assistant professors, and 25 Associate professors. Most academics at Alverno College are Female Assistant professors (27), Female Professors(26), and Female Associate professors (21).

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

Finances

Endowment

$25.4M

2015 Endowment

0.425%

growth from 2014

Alverno College has an endowment valued at about $25.4M, as of the end of the 2015 fiscal year. The endowment of Alverno College grew 0.425% from the previous year. The value of their endowment was $3.44M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $113k - Federal

  2. $20.4k - State

  3. $443k - Local

As of 2015, Alverno College received $113k in grants and contracts from the federal government, $20.4k from state grants and contracts, and $443k from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$21.7M

Salary Expenditure

$44.1M

Benefits Expenditure

In 2015, Alverno College had a total expenditure of $44.1M. Of that $44.1M, they spent $21.7M on salaries and $44.1M on benefits.

The bar chart shows the share of the primary expenses at Alverno College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Alverno College as a share of total expenditure.

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Salary Expenditure

$21.7M

2015 Salaries

2.79%

decline from 2014

In 2015, Alverno College paid a median of $21.7M in salaries, which represents 49.3% of their overall expenditure ($44.1M) and a 2.79% decline from the previous year. This is compared to a 4.04% growth from 2013 and a 1.87% decline from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$5.67M

Instructional Salaries

99

Number of Employees

In 2015, Alverno College paid a total of $5.67M to 99 employees working as instructors, which represents 26.1% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

36 Employees

Management

Most Common Non-Instructional Employee

69 Employees

In 2016, the most common positions for instructional staff at Alverno College were Professor with 36 employees; Assistant professor with 33 employees; and Assistant professor with 25 employees.

In 2016, the most common positions for non-instructional staff at Alverno College were Management with 69 employees; Office and Administrative Support with 34 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 33 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Female Professor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at Alverno College was Female Assistant professor with 27 employees, Female Professor with 26 employees, and Female Associate professor with 21 employees.

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

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