He will drive alongside French drivers Nicolas Lapierre, Matthieu Vaxiviere, Charles Milesi and Paul-Loup Chatin, as well as Austrian Ferdinand Habsburg, the team have confirmed.
The only team that doesn't have a completed driver line-up for 2024 is Williams, but it's looking more and more likely that Logan Sargeant will be given one more season to showcase his talents.
That left Schumacher with the option of carrying on as reserve driver at Mercedes, a role that he has said he has enjoyed learning from the likes of Lewis Hamilton and George Russell, or head into another series.
Now, the 2020 F2 champion appears to have cemented down both options.
"A new chapter is beginning for me with Alpine in the FIA WEC Hypercar category," Schumacher told Alpine's official website.
"The car is impressive, and I can't wait to get started. I've grown up with single-seaters, so driving a car with a closed cockpit and covered wheels is a great opportunity to hone my driving skills.
"I sorely missed racing this year; it's what I've loved to do since I was a kid, and it was sometimes difficult to watch the other drivers take to the track.
"Endurance racing is a new challenge for me, and I'm sure we will share great moments together next year with Alpine."