by our College Data Analytics TeamBelow is the data on what it actually costs to attend Hanover College, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.
Want a specific number? Skip ahead to any section using the links below:
Published attendance costs at Hanover College amounts to about $55,798.00 per academic year.
The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.
| Tuition and fees | $44,638.00 |
| + Room, board & other expenses | $11,160.00 |
| Total cost | $55,798.00 |
| That is 70% above the national average net price. |
| Total cost | $55,798.00 |
| − Grants and scholarships | −$36,992.00 |
| Net price | $18,806.00 |
| That is 43% below the national average net price. |
| Total cost | $55,798.00 |
| − Grants and scholarships | −$41,989.00 |
| Net price | $13,809.00 |
| That is 58% below the national average net price. | |
| Want the line-by-line detail? Dig into tuition and fees and living costs. |
Published costs have climbed year over year at a recent average of 3.5% annually, so the projections below total more than one year of attendance. The tables below project the cost forward across a full degree, side by side for a low-income student with aid, a typical student with average aid, and a student paying full sticker price with no aid. Loan figures amortise the projected total over ten years at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.5% | 3.5% | 3.5% |
| Freshman year | $14,294.00 | $19,466.00 | $57,757.00 |
| Senior year | $15,852.00 | $21,589.00 | $64,054.00 |
| Total 4-year net price | $60,256.00 | $82,061.00 | $243,477.00 |
| 10-year loan interest @ 6.8% | $22,955.00 | $31,262.00 | $92,756.00 |
| Total monthly payment | $693.00 | $944.00 | $2,802.00 |
| Total amount paid | $83,212.00 | $113,323.00 | $336,233.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.5% | 3.5% | 3.5% |
| Freshman year | $14,294.00 | $19,466.00 | $57,757.00 |
| Senior year | $14,795.00 | $20,149.00 | $59,784.00 |
| Total 2-year net price | $29,089.00 | $39,616.00 | $117,540.00 |
| 10-year loan interest @ 6.8% | $11,082.00 | $15,092.00 | $44,779.00 |
| Total monthly payment | $335.00 | $456.00 | $1,353.00 |
| Total amount paid | $40,171.00 | $54,708.00 | $162,319.00 |
Jump to the net-price detail in the net-price section.
Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.
| Average net price (on-campus) | $21,829.00 |
| Average net price (off-campus) | $21,826.00 |
Net price is not the same for every family — it falls as financial need rises and grant aid increases. Here is the average net price for each family-income range:
| Family income | Average net price |
|---|---|
| Under $30,000 | $16,238.00 |
| $30,000 to $48,000 | $16,137.00 |
| $48,001 to $75,000 | $19,624.00 |
| $75,001 to $110,000 | $23,666.00 |
| Over $110,000 | $26,545.00 |
For a personalized estimate, try the Hanover College Net Price Calculator, or visit the financial aid office.
Curious how grants and scholarships are distributed? Explore the grants & scholarships detail.
The median amount borrowed by graduates of Hanover College amounts to $19,500.00, landing it in the Low ($10-20k) debt-burden category.
The percentile breakdown reveals the full debt landscape:
| Percentile | Debt at graduation |
|---|---|
| 10th | $5,500.00 |
| 25th | $9,200.00 |
| Median (50th) | $19,500.00 |
| 75th | $27,000.00 |
| 90th | $32,500.00 |
The spread between the 10th and 90th percentiles reflects how variable debt outcomes are at this school.
Dig deeper into debt on the student-loan-debt breakdown.
Family income tracks closely with debt at graduation. Below the data splits borrowers across three income groups:
| Family income | Median debt at graduation |
|---|---|
| Low income | $16,767.00 |
| Middle income | $19,072.00 |
| High income | $20,500.00 |
First-generation college students often carry different debt loads than their continuing-generation peers.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $16,875.00 |
| Continuing-generation students | $21,500.00 |
Pell Grants are the federal government’s primary need-based undergraduate aid program. Looking at Pell recipients versus non-recipients tells us how debt is distributed across need.
The median debt difference between Pell-eligible and non-Pell graduates of Hanover College stands at $-500.00.
The default-rate category at Hanover College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 1.6% |
For a sense of scale, Stafford disbursements at Hanover College come to $59,733,205.00 covering 3,597 student borrowers.
Veterans and active-duty service members may qualify for substantial federal education benefits like the Post-9/11 GI Bill and DoD tuition assistance.
| GI Bill recipients | 5 |
| Avg GI Bill amount | $12,647.00 |
For the full rundown of veteran and military benefits, see the veteran aid breakdown.
Numbers only tell part of the story. As you weigh Hanover College, a few questions are worth asking:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.