Grants may be offered to students who demonstrate financial need according to the federal need-analysis formula determined by filing the FAFSA. Grants are considered gift aid and do not require repayment.
Alverno College Grant
Every year Alverno awards millions of dollars in grant money to students based on financial aid need.
Federal 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:
Federal Pell Grant
Pell Grant amounts currently range up to $5,920.00 per year.
Federal Supplemental Educational Opportunity Grant (SEOG)
SEOG is awarded to full-time Pell Grant-eligible students with a 0 EFC (as calculated by the FAFSA). The amount varies yearly.
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 federal and state program for first-year students and continuing first-year students who meet certain eligibility requirements; maximum award is $1,800.00 per year.