Alvernia University

www.alvernia.edu

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2023 Undergraduate Tuition

$41,060

5.01% growth from 2022

2023 Average Net Price

$26,166

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

62.3%

5,491 Applicants

2023 Enrolled Students

2,485

78.3% Full-Time

2023 Graduation Rate

58.5%

217 Graduates

About

Alvernia University is a higher education institution located in Berks County, PA. In 2023, the most popular Associates Degree concentrations at Alvernia University were General Health Services (62 degrees awarded), Radiographer (8 degrees), and Surgical Technologist (4 degrees).

In 2023, 696 degrees were awarded across all undergraduate and graduate programs at Alvernia University. 71.1% of these degrees were awarded to women, and 28.9% awarded men. The most common race/ethnicity group of degree recipients was white (506 degrees), 5.82 times more than then the next closest race/ethnicity group, black or african american (87 degrees).

The median undergraduate tuition at Alvernia University is $41,060, which is $16,485 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Alvernia University was 0%, corresponding to 0 out of the 814 total borrowers.

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Alvernia University is $41,060, which is $16,485 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $26,166.

In 2023, 87% of undergraduate students attending Alvernia University received financial aid through grants. Comparatively, 82% of undergraduate students received financial aid through loans.

Tuition Costs

$41,060

2023 Undergraduate Tuition

In 2023, the cost of tuition at Alvernia University was $41,060. The cost of tuition at Alvernia University is $16,485 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$26,166

2023 Value

3.41%

1 Year Growth

In 2023 Alvernia University had an average net price — the price paid after factoring in grants and loans — of $26,166. Between 2022 and 2023, the average net price of Alvernia University grew by 3.41%.

This chart compares the average net price of Alvernia University (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

$9,565

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Alvernia University was of $9,565 in 2023. The cost of room and board increased by 1.86% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

87%

Undergraduates Receiving Financial Aid through Grants

82%

Undergraduates Receiving Financial Aid through Loans

87% of undergraduate students at Alvernia University received financial aid through grants or loans in 2023. This represents a growth of 4.82% with respect to 2022, when 83% of undergraduate students received financial aid.

This chart compares the average award discount at Alvernia University (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Alvernia University was 0%, which represents 0 out of the 814 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

Alvernia University received 5,491 undergraduate applications in 2023, which represents a 3.72% annual growth. Out of those 5,491 applicants, 3,422 students were accepted for enrollment, representing a 62.3% acceptance rate.

There were 2,485 students enrolled at Alvernia University in 2023. 8% of first-time enrollees submitted SAT scores with their applications.

Alvernia University has an overall enrollment yield of 12.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.3%

Acceptance Rate in 2023

3,422

Accepted Out of 5,491

In 2023, the undergraduate acceptance rate of Alvernia University was 62.3% (3,422 admissions from 5,491 applications). This is higher than the acceptance rate of 2022, which was 59%. Between 2022 and 2023, the number of applicants declined by 3.72%, while admissions grew by 1.69%.

This chart compares the acceptance rate of Alvernia University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

8% of enrolled first-time students at Alvernia University in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Alvernia University had a total enrollment of 2,485 students in 2023. The full-time enrollment at Alvernia University is 1,946 students and the part-time enrollment is 539. This means that 78.3% of students enrolled at Alvernia University are enrolled full-time.

The enrolled student population at Alvernia University, both undergraduate and graduate, is 62.5% White, 14.5% Hispanic or Latino, 10.2% Black or African American, 2.98% Two or More Races, 1.57% Asian, 0.161% American Indian or Alaska Native, and 0.0402% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alvernia University in full-time Undergraduate programs are most commonly White Female (38.5%), followed by White Male (23.7%) and Hispanic or Latino Female (9.42%). Students enrolled in full-time Graduate programs are most commonly White Female (46.9%), followed by White Male (22.5%) and Hispanic or Latino Female (7.3%).

Full-Time vs Part-Time Enrollment

78.3%

Full-Time Enrollment

The total enrollment at Alvernia University in 2023, both undergraduate and graduate, is 2,485 students. The full-time enrollment at Alvernia University is 1,946 and the part-time enrollment is 539. This means that 78.3% of students enrolled at Alvernia University are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Alvernia University (in red) compares to similar universities.

Retention Rate over Time

73%

2023 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 Alvernia University was 73%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Alvernia University had a retention rate lower than its peers.

This chart shows the retention rate over time at Alvernia University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,552 enrolled students
Hispanic or Latino
360 enrolled students
Black or African American
254 enrolled students

The enrolled student population at Alvernia University is 62.5% White, 14.5% Hispanic or Latino, 10.2% Black or African American, 2.98% Two or More Races, 1.57% Asian, 0.161% American Indian or Alaska Native, and 0.0402% 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 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 99 students (3.98%) did not report their race.

Graduates

In 2023, 294 more women than men received degrees from Alvernia University. The most common race/ethnicity group of degree recipients at Alvernia University is white (506 degrees awarded). There were 5.82 times more white recipients than the next closest race/ethnicity group, black or african american (87 degrees).

The most common Associates Degree concentration at Alvernia University is General Health Services (62 degrees awarded), followed by Radiographer (8 degrees) and Surgical Technologist (4 degrees).

In 2023, the most specialized majors across all degree types at Alvernia University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Public Administration and Social Service (38 degrees awarded), Health (369 degrees), and Protective Services (38 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Alvernia University are Registered nurses (1,571,116 people), Accountants & auditors (1,037,734 people), Other managers (849,994 people), Financial managers (535,059 people), and Chief executives & legislators (424,922 people).

The most specialized majors at Alvernia University in 2023 are Public Administration and Social Service (38 degrees awarded), Health (369 degrees), Protective Services (38 degrees), Parks, Recreation, & Leisure (13 degrees), and Business (132 degrees) (as of 2023).

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 Alvernia University are Surgeons, Cardiovascular technologists and technicians, Physicians, Securities, commodities, & financial services sales agents, and Photographic process workers & processing machine operators

The most specialized majors at Alvernia University are Public Administration and Social Service (38 degrees awarded), Health (369 degrees), Protective Services (38 degrees), Parks, Recreation, & Leisure (13 degrees), and Business (132 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Alvernia University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,861,613 people), Elementary & secondary schools (807,241 people), Computer Systems Design (544,728 people), Justice, public order, & safety activities (530,812 people), and Colleges, universities & professional schools, including junior colleges (527,975 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Alvernia University.

Most Common (2023)

Registered Nursing
59 degrees awarded
General Health Services
49 degrees awarded
Other Health Professions & Related Clinical Sciences
44 degrees awarded

In 2023, the most common bachelors degree concentration at Alvernia University was Registered Nursing with 59 degrees awarded.

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

Sex Breakdown for Common Majors

201

Degrees Awarded to Men

in 2023

495

Degrees Awarded to Women

in 2023

In 2023, 201 degrees were awarded to men at Alvernia University, which is 0.406 times less than the number of degrees awarded to females (495).

This chart displays the sex disparity between the top 5 majors at Alvernia University by degrees awarded.

Most Common Male Majors

In 2023, 27 degrees were awarded to men at Alvernia University in General Health Services, which is 0.321 times less than the 84 female recipients with that same degree.

Most Common Female Majors

In 2023, 84 degrees were awarded to men at Alvernia University in General Health Services, which is 3.11 times more than the 27 male recipients with that same degree.

Time to Complete

41%

100% Completion Time

65%

150% Completion Time

In 2023, 41% of students graduating from Alvernia University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 67% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (75%)

The student demographic with the highest graduation rate in 2023 at Alvernia University is Female and Asian (75% graduation rate). Across all Masters Colleges and Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 6.91% of graduates (15 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
506 degrees awarded
Black or African American
87 degrees awarded
Hispanic or Latino
54 degrees awarded

The most common race/ethnicity at Alvernia University is white (506 degrees awarded). There were 5.82 times more white recipients than the next closest race/ethnicity group, black or african american (87 degrees).

1.58% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
356 degrees awarded
White Male
150 degrees awarded
Black or African American Female
63 degrees awarded

The most common race/ethnicity and sex grouping at Alvernia University is white female (356 degrees awarded). There were 2.37 times more white female recipients than the next closest race/ethnicity group, white male (150 degrees).

Operations

Alvernia University has an endowment valued at nearly $16.2M, as of the end of the 2023 fiscal year. The return on its endowment was of 2.47M (15.3%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Alvernia University had a total salary expenditure of 70.2M. Alvernia University employs 47 Assistant professors, 29 Associate professors and 28 Instructors. Most academics at Alvernia University are Female Assistant professor (32), Female Instructor (22), and Male Associate professor (19).

The most common positions for non-instructional staff at Alvernia University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 41 employees, Business and Financial Operations, with 34 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 34 employees.

Endowment

$16.2M

2023 Endowment

3.93%

growth from 2022

Alvernia University has an endowment valued at about $16.2M, as of the end of the 2023 fiscal year. The endowment of Alvernia University grew 3.93% from the previous year. The value of their endowment was $33.5M 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 Alvernia University (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.

Salary Expenditure

$26M

2023 Salaries

10.6%

growth from 2022

In 2023, Alvernia University paid a median of $26M in salaries, which represents 37% of their overall expenditure ($70.2M) and a 10.6% growth from the previous year. This is compared to a 2.11% growth between 2021 and 2022, and a 13% decline between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$9.06M

Instructional Salaries

122

Number of Employees

In 2023, Alvernia University paid a total of $9.06M to 122 employees working as instructors, which represents 34.9% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

47 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

41 Employees

In 2023, the most common positions for instructional staff at Alvernia University were Assistant professor with 47 employees, Associate professor with 29 employees, and Instructor with 28 employees.

In 2023, the most common positions for non-instructional staff at Alvernia University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 41 employees, Business and Financial Operations with 34 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 34 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Female Instructor
Male Associate professor

In 2023, the most common demographic for instructional staff at Alvernia University was Female Assistant professor with 32 employees, Female Instructor with 22 employees, and Male Associate professor with 19 employees.

This chart shows the sex split between each academic rank present at Alvernia University.

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