Alverno College
Private College in Milwaukee, WI. Six-year graduation rate 51%. Median 10-year earnings $53,145.
The median ten-year earnings figure of $53,145 sits near the national middle rather than at either extreme. 51% finish within six years — respectable, though a meaningful share still leave without a credential. Debt is the pressure point: a median of $27,000 at graduation. Mobility is where this school separates itself: 2.7% of students move from the bottom income quintile to the top.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
Admission is not the constraint here: 86% of applicants are accepted. With 624 applicants, admissions statistics here move a lot on small changes. Yield is low at 17%, so most admitted students do not end up enrolling.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Alverno College →Academics
51% graduate within six years — average, but that average still hides a large group who do not. Retention of 61% means a meaningful slice of each entering class does not return. A 13:1 ratio points to small classes and accessible faculty. As a private nonprofit four-year college, the relevant comparison is other four-year schools rather than the national average across all institutions. This is a small school — 887 undergraduates — so cohorts are tight and the program list is necessarily short.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 724 degree- or certificate-seeking undergraduates
Average net price after grant aid is $24,425 a year — mid-range for a four-year institution. Income makes less difference than usual: $22,032 at $0–30k, $29,051 at $110k+. 90% of students get grant aid averaging $23,102, so the published price is a poor guide to what most pay. Most students borrow — 56% take federal loans to cover the gap.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 146 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $22,032 |
| $30–48k | $20,668 |
| $48–75k | $22,261 |
| $75–110k | $24,788 |
| $110k+ | $29,051 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 406 of these 724 students, totalling $2,764,069 — an average of $6,808 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Milwaukee County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)