Alvernia University

www.alvernia.edu

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2022 Undergraduate Tuition

$39,100

3.49% growth from 2021

2022 Average Net Price

$27,091

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

59%

5,703 Applicants

2022 Enrolled Students

2,484

77.8% Full-Time

2022 Graduation Rate

62.6%

216 Graduates

About

Alvernia University is a higher education institution located in Berks County, PA. In 2022, the most popular Masters Degree concentrations at Alvernia University were Occupational Therapy (85 degrees awarded), Non-Profit, Public, & Organizational Management (55 degrees), and Mental Health Counseling (21 degrees).

In 2022, 784 degrees were awarded across all undergraduate and graduate programs at Alvernia University. 74.2% of these degrees were awarded to women, and 25.8% awarded men. The most common race/ethnicity group of degree recipients was white (559 degrees), 6.99 times more than then the next closest race/ethnicity group, hispanic or latino (80 degrees).

The median undergraduate tuition at Alvernia University is $39,100, which is $15,104 more than the national average for Masters Colleges and Universities ($23,996).

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 2022, the median undergraduate tuition at Alvernia University is $39,100, which is $15,104 more than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $27,091.

In 2022, 83% of undergraduate students attending Alvernia University received financial aid through grants. Comparatively, 81% of undergraduate students received financial aid through loans.

Tuition Costs

$39,100

2022 Undergraduate Tuition

In 2022, the cost of tuition at Alvernia University was $39,100. The cost of tuition at Alvernia University is $15,104 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

Average Net Price

$27,091

2022 Value

8.72%

1 Year Growth

In 2022 Alvernia University had an average net price — the price paid after factoring in grants and loans — of $27,091. Between 2021 and 2022, the average net price of Alvernia University grew by 8.72%.

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

$9,390

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Alvernia University was of $9,390 in 2022. The cost of room and board increased by 2.18% between 2021 and 2022.

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

83%

Undergraduates Receiving Financial Aid through Grants

81%

Undergraduates Receiving Financial Aid through Loans

83% of undergraduate students at Alvernia University received financial aid through grants or loans in 2022. This represents a decline of 2.35% with respect to 2021, when 85% 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 5,703 undergraduate applications in 2022, which represents a 6.18% annual growth. Out of those 5,703 applicants, 3,365 students were accepted for enrollment, representing a 59% acceptance rate.

There were 2,484 students enrolled at Alvernia University in 2022. 7% of first-time enrollees submitted SAT scores with their applications.

Alvernia University has an overall enrollment yield of 14.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

59%

Acceptance Rate in 2022

3,365

Accepted Out of 5,703

In 2022, the undergraduate acceptance rate of Alvernia University was 59% (3,365 admissions from 5,703 applications). This is higher than the acceptance rate of 2021, which was 57.8%. Between 2021 and 2022, the number of applicants grew by 6.18%, while admissions grew by 8.44%.

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 (2022)

Scores Submitted (2022)

7% of enrolled first-time students at Alvernia University in 2022 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 2,484 students in 2022. The full-time enrollment at Alvernia University is 1,933 students and the part-time enrollment is 551. This means that 77.8% of students enrolled at Alvernia University are enrolled full-time.

The enrolled student population at Alvernia University, both undergraduate and graduate, is 64.1% White, 12.8% Hispanic or Latino, 10.3% Black or African American, 3.06% Two or More Races, 1.93% Asian, 0.362% American Indian or Alaska Native, and 0.0805% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alvernia University in full-time Undergraduate programs are most commonly White Female (38.9%), followed by White Male (24.1%) and Hispanic or Latino Female (8.98%). Students enrolled in full-time Graduate programs are most commonly White Female (46.4%), followed by White Male (23.6%) and Hispanic or Latino Female (7.98%).

Full-Time vs Part-Time Enrollment

77.8%

Full-Time Enrollment

The total enrollment at Alvernia University in 2022, both undergraduate and graduate, is 2,484 students. The full-time enrollment at Alvernia University is 1,933 and the part-time enrollment is 551. This means that 77.8% of students enrolled at Alvernia University are enrolled full-time compared with 67.6% 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

68%

2022 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 68%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), 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 (2022)

White
1,593 enrolled students
Hispanic or Latino
318 enrolled students
Black or African American
255 enrolled students

The enrolled student population at Alvernia University is 64.1% White, 12.8% Hispanic or Latino, 10.3% Black or African American, 3.06% Two or More Races, 1.93% Asian, 0.362% American Indian or Alaska Native, and 0.0805% 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 51.2% White, 17.3% Hispanic or Latino, and 13% 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, 84 students (3.38%) did not report their race.

Graduates

In 2022, 380 more women than men received degrees from Alvernia University. The most common race/ethnicity group of degree recipients at Alvernia University is white (559 degrees awarded). There were 6.99 times more white recipients than the next closest race/ethnicity group, hispanic or latino (80 degrees).

The most common Masters Degree concentration at Alvernia University is Occupational Therapy (85 degrees awarded), followed by Non-Profit, Public, & Organizational Management (55 degrees) and Mental Health Counseling (21 degrees).

In 2022, 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 Health (440 degrees awarded), Public Administration and Social Service (35 degrees), and Protective Services (37 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 (1,495,317 people), Accountants & auditors (1,048,638 people), Other managers (792,500 people), Financial managers (504,742 people), and Chief executives & legislators (401,678 people).

The most specialized majors at Alvernia University in 2022 are Health (440 degrees awarded), Public Administration and Social Service (35 degrees), Protective Services (37 degrees), Philosophy and Religious Studies (4 degrees), and Business (157 degrees) (as of 2022).

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 Health (440 degrees awarded), Public Administration and Social Service (35 degrees), Protective Services (37 degrees), Philosophy and Religious Studies (4 degrees), and Business (157 degrees) (as of 2022).

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 (2022)

Other Health Professions & Related Clinical Sciences
66 degrees awarded
Registered Nursing
65 degrees awarded
General Health Services
45 degrees awarded

In 2022, the most common bachelors degree concentration at Alvernia University was Other Health Professions & Related Clinical Sciences with 66 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

202

Degrees Awarded to Men

in 2022

582

Degrees Awarded to Women

in 2022

In 2022, 202 degrees were awarded to men at Alvernia University, which is 0.347 times less than the number of degrees awarded to females (582).

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

Most Common Male Majors

In 2022, 22 degrees were awarded to men at Alvernia University in General Health Services, which is 0.239 times less than the 92 female recipients with that same degree.

Most Common Female Majors

In 2022, 92 degrees were awarded to men at Alvernia University in General Health Services, which is 4.18 times more than the 22 male recipients with that same degree.

Time to Complete

45%

100% Completion Time

61%

150% Completion Time

In 2022, 45% of students graduating from Alvernia University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 150% of the normal time, and 62% 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 2022 at Alvernia University is Female and Asian (75% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 1.39% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
559 degrees awarded
Hispanic or Latino
80 degrees awarded
Black or African American
66 degrees awarded

The most common race/ethnicity at Alvernia University is white (559 degrees awarded). There were 6.99 times more white recipients than the next closest race/ethnicity group, hispanic or latino (80 degrees).

3.95% of degree recipients (31 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
419 degrees awarded
White Male
140 degrees awarded
Hispanic or Latino Female
64 degrees awarded

The most common race/ethnicity and sex grouping at Alvernia University is white female (419 degrees awarded). There were 2.99 times more white female recipients than the next closest race/ethnicity group, white male (140 degrees).

Operations

Alvernia University has an endowment valued at nearly $15.6M, as of the end of the 2022 fiscal year. The return on its endowment was of −3.38M (−21.7%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Alvernia University had a total salary expenditure of 62.1M. Alvernia University employs 50 Assistant professors, 39 Associate professors and 27 Instructors. Most academics at Alvernia University are Female Assistant professor (35), Male Associate professor (22), and Female Instructor (21).

The most common positions for non-instructional staff at Alvernia University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 36 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 33 employees, and Business and Financial Operations with 31 employees.

Endowment

$15.6M

2022 Endowment

17.1%

decline from 2021

Alvernia University has an endowment valued at about $15.6M, as of the end of the 2022 fiscal year. The endowment of Alvernia University declined 17.1% from the previous year. The value of their endowment was $31M 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

$23.5M

2022 Salaries

2.11%

growth from 2021

In 2022, Alvernia University paid a median of $23.5M in salaries, which represents 37.8% of their overall expenditure ($62.1M) and a 2.11% growth from the previous year. This is compared to a 13% decline between 2020 and 2021, and a 6.96% growth between 2019 and 2020.

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

Instructional Salaries

$9.03M

Instructional Salaries

125

Number of Employees

In 2022, Alvernia University paid a total of $9.03M to 125 employees working as instructors, which represents 38.4% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

50 Employees

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

Most Common Non-Instructional Employee

36 Employees

In 2022, the most common positions for instructional staff at Alvernia University were Assistant professor with 50 employees, Associate professor with 39 employees, and Instructor with 27 employees.

In 2022, the most common positions for non-instructional staff at Alvernia University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 36 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 33 employees, and Business and Financial Operations with 31 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Male Associate professor
Female Instructor

In 2022, the most common demographic for instructional staff at Alvernia University was Female Assistant professor with 35 employees, Male Associate professor with 22 employees, and Female Instructor with 21 employees.

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

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