Hanover College

www.hanover.edu

Add Comparison

2023 Undergraduate Tuition

$41,092

1.87% growth from 2022

2023 Average Net Price

$22,929

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

84%

2,702 Applicants

2023 Enrolled Students

1,157

99.3% Full-Time

2023 Graduation Rate

63.6%

218 Graduates

About

Hanover College is a higher education institution located in Jefferson County, IN. In 2023, the most popular Professional Doctorate concentrations at Hanover College were Physical Therapy (72 degrees awarded).

In 2023, 319 degrees were awarded across all undergraduate and graduate programs at Hanover College. 56.4% of these degrees were awarded to women, and 43.6% awarded men. The most common race/ethnicity group of degree recipients was white (245 degrees), 13.6 times more than then the next closest race/ethnicity group, black or african american (18 degrees).

The median undergraduate tuition at Hanover College is $41,092, which is $11,812 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Hanover College was 0%, corresponding to 0 out of the 254 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Hanover College is $41,092, which is $11,812 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $22,929.

In 2023, 100% of undergraduate students attending Hanover College received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$41,092

2023 Undergraduate Tuition

In 2023, the cost of tuition at Hanover College was $41,092. The cost of tuition at Hanover College is $11,812 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$22,929

2023 Value

13.8%

1 Year Growth

In 2023 Hanover College had an average net price — the price paid after factoring in grants and loans — of $22,929. Between 2022 and 2023, the average net price of Hanover College grew by 13.8%.

This chart compares the average net price of Hanover College (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

$13,148

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Hanover College was of $13,148 in 2023. The cost of room and board increased by 4.85% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Hanover College (in red) with that of similar universities.

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Hanover College received financial aid through grants or loans in 2023. This represents a growth of 7.53% with respect to 2022, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Hanover College (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 Hanover College was 0%, which represents 0 out of the 254 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

Hanover College received 2,702 undergraduate applications in 2023, which represents a 15.2% annual growth. Out of those 2,702 applicants, 2,269 students were accepted for enrollment, representing a 84% acceptance rate.

There were 1,157 students enrolled at Hanover College in 2023. 27% of first-time enrollees submitted SAT scores with their applications.

Hanover College has an overall enrollment yield of 11.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84%

Acceptance Rate in 2023

2,269

Accepted Out of 2,702

In 2023, the undergraduate acceptance rate of Hanover College was 84% (2,269 admissions from 2,702 applications). This is higher than the acceptance rate of 2022, which was 74.1%. Between 2022 and 2023, the number of applicants declined by 15.2%, while admissions declined by 3.94%.

This chart compares the acceptance rate of Hanover College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

27%

Submission Percentage (2023)

Scores Submitted (2023)

27% of enrolled first-time students at Hanover College in 2023 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

Hanover College had a total enrollment of 1,157 students in 2023. The full-time enrollment at Hanover College is 1,149 students and the part-time enrollment is 8. This means that 99.3% of students enrolled at Hanover College are enrolled full-time.

The enrolled student population at Hanover College, both undergraduate and graduate, is 75.7% White, 6.14% Black or African American, 4.75% Two or More Races, 3.72% Hispanic or Latino, 2.25% Asian, 1.38% American Indian or Alaska Native, and 0.0864% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hanover College in full-time Undergraduate programs are most commonly White Female (42.6%), followed by White Male (35.1%) and Black or African American Male (3.47%). Students enrolled in full-time Graduate programs are most commonly White Female (33.7%), followed by White Male (27.4%) and Black or African American Female (8.7%).

Full-Time vs Part-Time Enrollment

99.3%

Full-Time Enrollment

The total enrollment at Hanover College in 2023, both undergraduate and graduate, is 1,157 students. The full-time enrollment at Hanover College is 1,149 and the part-time enrollment is 8. This means that 99.3% of students enrolled at Hanover College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Hanover College (in red) compares to similar universities.

Retention Rate over Time

83%

2023 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 Hanover College was 83%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Hanover College had a retention rate higher than its peers.

This chart shows the retention rate over time at Hanover College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
876 enrolled students
Black or African American
71 enrolled students
Two or More Races
55 enrolled students

The enrolled student population at Hanover College is 75.7% White, 6.14% Black or African American, 4.75% Two or More Races, 3.72% Hispanic or Latino, 2.25% Asian, 1.38% American Indian or Alaska Native, and 0.0864% 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 Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 23 students (1.99%) did not report their race.

Graduates

In 2023, 41 more women than men received degrees from Hanover College. The most common race/ethnicity group of degree recipients at Hanover College is white (245 degrees awarded). There were 13.6 times more white recipients than the next closest race/ethnicity group, black or african american (18 degrees).

The most common Professional Doctorate concentration at Hanover College is Physical Therapy (72 degrees awarded).

In 2023, the most specialized majors across all degree types at Hanover College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (37 degrees awarded), History (8 degrees), and Communications (23 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hanover College are Other managers (265,923 people), Elementary & middle school teachers (256,112 people), Lawyers, & judges, magistrates, & other judicial workers (228,990 people), Secondary school teachers (191,190 people), and Postsecondary teachers (162,840 people).

The most specialized majors at Hanover College in 2023 are Parks, Recreation, & Leisure (37 degrees awarded), History (8 degrees), Communications (23 degrees), Language & Linguistics (6 degrees), and English (8 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hanover College are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Hanover College are Parks, Recreation, & Leisure (37 degrees awarded), History (8 degrees), Communications (23 degrees), Language & Linguistics (6 degrees), and English (8 degrees) (as of 2023).

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 Hanover College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (529,816 people), Elementary & secondary schools (396,776 people), Colleges, universities & professional schools, including junior colleges (395,283 people), Offices of physicians (210,722 people), and Scientific research & development services (144,986 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Hanover College.

Most Common (2023)

General Business
31 degrees awarded
General Communication
23 degrees awarded
General Health & Physical Education
22 degrees awarded

In 2023, the most common bachelors degree concentration at Hanover College was General Business with 31 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Hanover College according to their major.

Sex Breakdown for Common Majors

139

Degrees Awarded to Men

in 2023

180

Degrees Awarded to Women

in 2023

In 2023, 139 degrees were awarded to men at Hanover College, which is 0.772 times less than the number of degrees awarded to females (180).

This chart displays the sex disparity between the top 5 majors at Hanover College by degrees awarded.

Most Common Male Majors

In 2023, 28 degrees were awarded to men at Hanover College in Physical Therapy, which is 0.636 times less than the 44 female recipients with that same degree.

Most Common Female Majors

In 2023, 44 degrees were awarded to men at Hanover College in Physical Therapy, which is 1.57 times more than the 28 male recipients with that same degree.

Time to Complete

62%

100% Completion Time

63%

150% Completion Time

In 2023, 62% of students graduating from Hanover College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 64% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Hanover College is Male and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 15.1% of graduates (33 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
245 degrees awarded
Black or African American
18 degrees awarded
Hispanic or Latino
14 degrees awarded

The most common race/ethnicity at Hanover College is white (245 degrees awarded). There were 13.6 times more white recipients than the next closest race/ethnicity group, black or african american (18 degrees).

6.9% of degree recipients (22 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
142 degrees awarded
White Male
103 degrees awarded
Black or African American Female
10 degrees awarded

The most common race/ethnicity and sex grouping at Hanover College is white female (142 degrees awarded). There were 1.38 times more white female recipients than the next closest race/ethnicity group, white male (103 degrees).

Operations

Hanover College has an endowment valued at nearly $161M, as of the end of the 2023 fiscal year. The return on its endowment was of 10.8M (6.67%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Hanover College had a total salary expenditure of 49M. Hanover College employs 47 Professors, 27 Associate professors and 26 Assistant professors. Most academics at Hanover College are Male Professor (29), Female Professor (18), and Female Associate professor (16).

The most common positions for non-instructional staff at Hanover College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 38 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 35 employees, and Office and Administrative Support with 19 employees.

Endowment

$161M

2023 Endowment

1.27%

growth from 2022

Hanover College has an endowment valued at about $161M, as of the end of the 2023 fiscal year. The endowment of Hanover College grew 1.27% from the previous year. The value of their endowment was $110M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Hanover College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$18.9M

2023 Salaries

2.48%

decline from 2022

In 2023, Hanover College paid a median of $18.9M in salaries, which represents 38.7% of their overall expenditure ($49M) and a 2.48% decline from the previous year. This is compared to a 13.1% growth between 2021 and 2022, and a 4.15% growth between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$8.01M

Instructional Salaries

104

Number of Employees

In 2023, Hanover College paid a total of $8.01M to 104 employees working as instructors, which represents 42.3% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

47 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

38 Employees

In 2023, the most common positions for instructional staff at Hanover College were Professor with 47 employees, Associate professor with 27 employees, and Assistant professor with 26 employees.

In 2023, the most common positions for non-instructional staff at Hanover College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 38 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 35 employees, and Office and Administrative Support with 19 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Hanover College was Male Professor with 29 employees, Female Professor with 18 employees, and Female Associate professor with 16 employees.

This chart shows the sex split between each academic rank present at Hanover College.

Keep Exploring

University of North Carolina at Asheville

University

Birmingham-Southern College

University

Hampden-Sydney College

University

Ripon College

University

Fisk University (220181)

University