Cost Details
- In-State Tuition
- $42,894
- Out-of-State Tuition
- $42,894
- Average Net Price
- $21,826
- Students Receiving Financial Aid
- 26.0%
- Room & Board (On Campus)
- $13,558
- Room & Board (Off Campus)
- $13,558
- Books & Supplies
- $1,200
- Total Cost of Attendance
- $57,652
- Median Debt at Graduation
- $25,250
- Estimated Monthly Loan Payment
- $268/mo
- Loan Repayment Rate
- 71.2%
- Students Taking Federal Loans
- 53.5%
- Pell Grant Recipients
- 26.0%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $16,238 |
| $30,001 – $48,000 | $16,137 |
| $48,001 – $75,000 | $19,624 |
| $75,001 – $110,000 | $23,666 |
| $110,001+ | $26,545 |
Cost Estimator
Cost Overview
Most families at Hanover pay far less than the $57,652 sticker price. The average net cost is $21,826 after aid, though this varies dramatically by income. Families earning under $30,000 pay just $16,238 annually, while those making over $110,000 pay $26,545. Over four years, that ranges from roughly $65,000 to $106,000 total.
Graduates leave with a median debt of $25,250, translating to monthly payments of $268. That's manageable against median earnings of $53,957 ten years out. The college meets demonstrated need well, with 29% of students receiving institutional grants averaging $28,650. Only 26% qualify for Pell Grants, indicating a relatively affluent student body.
Lower-income families get the best financial deal here. The net price for families under $48,000 is nearly identical, suggesting Hanover prioritizes affordability for those who need it most.
Graduates leave with a median debt of $25,250, translating to monthly payments of $268. That's manageable against median earnings of $53,957 ten years out. The college meets demonstrated need well, with 29% of students receiving institutional grants averaging $28,650. Only 26% qualify for Pell Grants, indicating a relatively affluent student body.
Lower-income families get the best financial deal here. The net price for families under $48,000 is nearly identical, suggesting Hanover prioritizes affordability for those who need it most.
Official Net Price Calculator
Get a personalized cost estimate from Hanover College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.