Tuition and Scholarships at Alverno College | Colleges ...

Special Fees

Deferred Payment Plot $50
Late Agreement Fee $60
Late/Partial Payment Fee $50
Graduation Fee* $80
Payment Plot Abandonment Fee $25
Nursing Liability Fee $30
Reinstate Fee $50
Resident Activity Fee $50
Returned Check Fee $25

Competitive Alverno Scholarships

Scholarships, like grants, do not require repayment. They may require a student to maintain satisfactory academic progress.

Scholarship Applications Available to Persons who will be Full-Time Weekday Students in 2011-2012:
Alverno College Academic Scholarships for Weekday Students

The Alverno Academic Scholarship recognizes students for their academic ability. These scholarships are automatically offered to qualified incoming first-time freshmen upon acceptance to the college. High school grade-point average and ACT/SAT score are considered in the awarding process. Awards range from $18,600 to $37,400 ($4,650 to $9,350 per year).
For Weekday undergraduate transfer and nontraditional students

Transfer students and nontraditional students are recognized for their academic ability. Upon acceptance to the college, these scholarships are automatically offered to students who qualify. Awards range from $16,800 to $25,600 ($4,200 to $6,400 per year).
Alumnae Referral Scholarship

Incoming first time freshmen, transfer and non-traditional-aged undergraduate students can be nominated for this scholarship by Alverno College Alumnae. The Alumnae Referral Scholarship is $500 per year, renewable for four years. It is not need-based and is over and above any merit scholarship. The referral must be on file by June 15 for the upcoming fall semester; December 15 for the upcoming spring semester. The Referral Form is available from the offices of Admissions or Alumnae. It is also available at this link: Alumnae Scholarship Referral Form (pdf).

(This scholarship is not available for graduate students, Alverno grads seeking a second degree, post-baccalaureate licensure students, students who are classified as re-admits or re-entry students.)
Army ROTC Scholarships

Army ROTC may maybe cover as much as full tuition for four years, in addition to allowances for living expenses and books & fees. For more information check these links to ROTC Help (pdf) and National ROTC Scholarship Information.
OTHER Scholarships – Applications Available in Financial Aid Office

The Alverno College Financial Aid Office offers innumerable scholarships that students can apply for throughout the year. A current listing of these scholarships can be viewed here: Additional Scholarship List (pdf). Students are encouraged to pick up an application in the Financial Aid Office and apply.
Current National Scholarships

The later section provides a list of Current National Scholarships (pdf). Live links to online applications are built-in when available.
Scholarship Application Help

Alverno College Financial Aid offers additional help for students interested in applying for scholarships, making it simple to apply for free money. Scholarship Advocate, Marissa Vinas, is available to help Alverno students with any questions they may have when applying for scholarships.

Additionally, scholarship listings will be available in several locations, including the scholarship bulletin board outside the Financial Aid Office in LA 225 and Alverno’s Campus NewsNet.

Grants

Grants may be offered to students who demonstrate financial need according to the centralized need-analysis formula determined by filing the FAFSA. Grants are considered gift aid and do not require repayment.

Alverno College Grant
In 2010, Alverno awarded $2.1 million dollars in grant money to students based on financial aid need.

Centralized and State Grant Programs
To be eligible for most grants, students must be enrolled at least half-time. Government funding varies from year to year affecting the amount available to students. The major government-sponsored grant programs are:

Centralized Pell Grant
Pell Grant amounts currently range from $400 to $5,500 per year.

Centralized Supplemental Learning Opportunity Grant (SEOG)
SEOG's are awarded to Pell Grant-eligible students. The amount varies yearly.

Wisconsin Tuition Grant
This grant is for Wisconsin residents attending independent Wisconsin colleges and universities. The maximum award is $2,900 per year.

Talent Incentive Program Grant (TIP)
TIP is a jointly sponsored centralized and state program for first-year students who meet certain eligibility requirements; maximum award is $1,800 per year.

Centralized Direct Loans
Centralized Direct Loans are low-interest loans with a fixed 3.4% or 6.8% rate for most borrowers. Some loans are not charged interest while the student is enrolled. Repayment starts six months after the student leaves school or graduates.

* Centralized Subsidized Direct Loans are based on financial need. Interest does not accrue during periods of enrollment and grace periods.
* Centralized Unsubsidized Direct Loans do not require financial need. Interest accrues during periods of enrollment and may be pre-paid with no penalty.

Centralized Direct Loans are offered each year in your award letter. To complete the loan application process, the later steps are required:

1. If you are a first-time borrower at Alverno College, you must complete Entrance Counseling which is required by centralized law. This one-time exercise consists of reading through material and answering questions regarding the material you have read. You can complete Entrance Counseling online at www.studentloans.gov.
2. If you are a first-time borrower at Alverno College, you must complete the Direct Loan Master Promissory Note (EMPN). The EMPN is effective for up to 10 years. A new EMPN may be needed if you have had loans go into repayment or additional non-enrolled periods of time. A PIN (Personal Identification Number) is required to sign the application. The PIN is the same one used to sign the online version of the FAFSA. The Direct Loan Master Promissory Note is available online at www.studentloans.gov.

All borrowers who take a place of absence, withdraw or graduate from Alverno College must complete an Exit Interview. Exit Interviews may be completed online at www.studentloans.gov.

The National Student Loan Data System (NSLDS) is a excellent place to view all Centralized loans that you have received. To view this Web site, you will need to have a Personal Identification Number (PIN number) as described in the Part 1 of Applying for Financial Aid. To view your information online, visit NSLDS.

Centralized Direct Plus Loan
The Direct PLUS Loan is a federally guaranteed loan program for parents to help pay for their daughter’s learning expenses. Repayment starts 60 days after the last disbursement; the interest rate is fixed at 7.9% and has a 4% origination fee. Parents may complete the PLUS MPN online. Parents may also sign the promissory note electronically with a PIN number. To obtain a PIN, apply at www.pin.ed.gov.

How to apply for a Centralized Direct PLUS Loan

Parents:

1. Complete the Centralized Direct Plus Loan Request – 2010-11 (pdf) and submit it to the Financial Aid Office.

AND

2. Parent borrowers for the Dependent Student on whose behalf the PLUS Loan is borrowed must complete a Centralized Direct Loan Master Promissory Note. Parents may complete this note at www.studentloans.gov.

Note: If parents are determined to be ineligible to use through the Centralized Direct PLUS program, the student may be eligible for Unsubsidized Centralized Direct Loan. Please contact our office for further instructions.

Alternative Student Loans
Some students find that they need additional funds to meet their costs while attending school. One option available to students would be an Alternative Student Loan. Alternative Loans are nonfederal learning loans available from a variety of national lending institutions. These loans require that the borrower be credit worthy or have a credit worthy cosigner, as they go through a normal bank credit process. Students may apply for these loans at Alternative Loans. Please note that these loans take up to six weeks to process.

Centralized Perkins Loans
Centralized Perkins Loans are low-interest loans (5% fixed interest rate) offered to students who meet particular criteria. No interest is charged while the student is enrolled at least half-time, and repayment starts nine months after the student ceases to be enrolled at least half-time.

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Tuition and Scholarships at Alverno College | Colleges …