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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Alverno College since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,382, which is 93.00 % of all undergraduate students. 1,204 students which is 79.91% of undergraduate students received federal student loans and the average loan amount is $7,887.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-122,014 (96%)$9,9841,298 (62%)$4,0181,837 (88%)$7,726
2012-131,929 (100%)$10,3511,179 (61%)$4,1181,697 (88%)$8,342
2013-141,765 (95%)$11,5141,135 (61%)$4,1621,628 (87%)$7,546
2014-151,587 (92%)$12,3501,028 (60%)$4,1831,473 (85%)$7,874
2015-161,438 (92%)$12,905892 (57%)$4,0091,243 (80%)$7,921
2016-171,303 (92%)$13,542796 (56%)$4,1781,134 (80%)$7,835
2017-181,219 (93%)$14,391763 (58%)$4,1921,075 (82%)$7,818
2018-191,150 (94%)$15,424707 (58%)$4,314967 (79%)$9,344
2019-201,030 (93%)$16,273626 (57%)$4,428844 (76%)$7,285
2020-21968 (89%)$17,465556 (51%)$4,539762 (70%)$7,485
2021-22799 (87%)$18,734460 (50%)$4,623589 (64%)$7,582
Average1,382 (93.00%)$13,903858 (57.36%)$4,2511,204 (79.91%)$7,887

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 178 (99.82 % of students) received grants or scholarships and its average amount is $18,467. It can cover 56.31% of tuition & fees ($32,794).
In addition, 141 (77.64 % of students) students get helped from the students loans (average amount : $6,463).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12193 (100%)$14,338173 (90%)$5,999
2012-13191 (100%)$14,906171 (90%)$7,183
2013-14201 (100%)$15,372183 (91%)$6,373
2014-15193 (100%)$17,847160 (83%)$5,822
2015-16224 (100%)$15,689166 (74%)$6,828
2016-17161 (99%)$18,534134 (82%)$7,046
2017-18196 (100%)$19,017160 (82%)$5,997
2018-19185 (100%)$18,927134 (72%)$7,552
2019-20169 (99%)$20,640137 (81%)$5,983
2020-21131 (100%)$23,03673 (56%)$6,864
2021-22110 (100%)$24,83358 (53%)$5,451
Average178 (99.82%)$18,467141 (77.64%)$6,463
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 117 (66.09 % of students) received Pell (federal) grants and its average amount is $4,709.
In addition, 125 students received State/local government grants/scholarships (69.91 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12145 (75%)$4,48947 (24%)$509142 (74%)$2,722192 (99%)$8,885
2012-13136 (71%)$4,51766 (35%)$399151 (79%)$3,328191 (100%)$8,921
2013-14121 (60%)$4,78946 (23%)$465130 (64%)$3,139201 (100%)$10,352
2014-15125 (65%)$4,83775 (39%)$417144 (75%)$3,483193 (100%)$11,954
2015-16143 (64%)$4,35979 (35%)$370155 (69%)$3,536220 (98%)$10,517
2016-1797 (60%)$4,85654 (33%)$300104 (64%)$3,410159 (98%)$13,472
2017-18136 (69%)$4,43071 (36%)$274137 (70%)$3,190195 (99%)$13,684
2018-19114 (62%)$4,67669 (37%)$274124 (67%)$3,158184 (99%)$13,901
2019-20112 (66%)$4,72362 (36%)$286121 (71%)$3,402169 (99%)$14,969
2020-2186 (66%)$5,07879 (60%)$1,33783 (63%)$3,899131 (100%)$16,426
2021-2276 (69%)$5,04862 (56%)$1,49080 (73%)$3,665110 (100%)$17,840
Average117 (66.09%)$4,70965 (37.64%)$556125 (69.91%)$3,357177 (99.27%)$12,811
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 141 (77.64 % of students) get any students loan help and its average loan amount is $141.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12173 (90%)$5,999173 (90%)$5,6589 (5%)$6,559
2012-13171 (90%)$7,183171 (90%)$6,41316 (8%)$8,229
2013-14183 (91%)$6,373182 (90%)$5,80113 (6%)$8,497
2014-15160 (83%)$5,822160 (83%)$5,22111 (6%)$8,749
2015-16166 (74%)$6,828166 (74%)$5,86914 (6%)$11,372
2016-17134 (82%)$7,046132 (81%)$6,16515 (9%)$8,691
2017-18160 (82%)$5,997160 (82%)$5,57910 (5%)$6,680
2018-19134 (72%)$7,552133 (72%)$6,70910 (5%)$11,961
2019-20137 (81%)$5,983137 (81%)$5,3277 (4%)$12,850
2020-2173 (56%)$6,86473 (56%)$5,1069 (7%)$14,260
2021-2258 (53%)$5,45158 (53%)$5,1063 (3%)$6,654
Average141 (77.64%)$6,463140 (77.45%)$5,72311 (5.82%)$9,500

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