Cost varies significantly by family income. Use the breakdown below to estimate your net price.
Cost Calculator
What You'll Pay at Hanover College
Select your family income to see your estimated cost
The Cost Formula
Tuition
$45K
+
Room
$14K
+
Books
$1,200
=
Sticker Price
$58,821
$45K+$14K+$1,200=$58,821
Your Family Income
Sticker
$58,821
−
Your Aid
$41,877
=
Net Price
$16,944
All Income Levels
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
Hanover College Cost of Attendance and Financial Aid Summary
Cost Category
Amount
Total Cost of Attendance (Sticker Price)
$58,821
Tuition and Fees
$44,638
Room and Board
$14,123
Books and Supplies
$1,200
Average Financial Aid (Grants and Scholarships)
-$36,992
Average Net Price (What Families Pay)
$21,829
Hanover College Net Price by Family Income Level
Family Income
Net Price
$0–30k
$16,832
$30–48k
$18,773
$48–75k
$16,944
$75–110k
$23,824
$110k+
$27,030
Understanding Your Aid Package
Hanover College has a sticker price of $58,821 per year, but most students pay significantly less after financial aid. The actual cost depends heavily on your family's income level.
Key Facts
Sticker price: $58,821/year
Average aid: $36,992 in grants & scholarships
$48–75K families pay: ~$16,944/year
Low-income families: Pay ~$16,832/year
26% of students receive Pell Grants
Financial Aid Profile
💰
26%
Pell Grant Recipients
Lower-income students receiving federal aid
🎓
25%
First-Generation Students
Parents without bachelor's degree
Get personalized cost estimates and assess whether borrowing makes sense.
How much students borrow and whether debt is manageable given outcomes.
Typical Debt
Median Student Debt$25,250
Range (25th–75th)$9,200 – $27,000
Median Parent PLUS Loans$41,531
Debt Manageability
0.45x
Debt-to-Earnings Ratio
Debt is well below typical first-year earnings — generally considered very manageable.
3-Year Default Rate0.0%
Return on Investment
How cost compares to graduate earnings and value added.
Median Earnings (10yr)
$53,957
Earnings Growth
+26%
6 → 10 years post-graduation
Earnings Range (10yr post-graduation)
$39,840
25th %ile
$72,874
75th %ile
Frequently Asked Questions about Hanover College Cost & Financial Aid
Hanover College's published tuition is $58,821 per year. However, after financial aid, the average student pays $16,944—a difference of $41,877.
Families earning under $30,000 pay an average net price of $16,832 at Hanover College. 26% of students receive Pell Grants.
Hanover College offers merit-based scholarships for academic achievement, in addition to need-based financial aid. Contact the financial aid office for specific scholarship opportunities.
The median debt for Hanover College graduates is $25,250, resulting in estimated monthly payments of $268 over 10 years.
Even families earning over $110,000 pay an average net price of $27,030 at Hanover College—still $31,791 less than the sticker price. Most families qualify for some form of aid.
