Hanover College

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2017 Undergraduate Tuition

$35,750

2.9% growth from 2016

2017 Average Net Price

$22,455

After Financial Aid

2016 Student Loan

4.63%

Default Rate

2017 Acceptance Rate

83.8%

2,757 Applicants

2017 Enrolled Students

1,089

99.3% Full-Time

2017 Graduation Rate

71%

228 Graduates

About

Hanover College is a higher education institution located in Jefferson County, IN. In 2016, the most popular Bachelor's Degree concentrations at Hanover College were Speech Communication & Rhetoric (27 degrees awarded), Kinesiology & Exercise Science (22 degrees), and General Psychology (21 degrees).

In 2017, 272 degrees were awarded across all undergraduate and graduate programs at Hanover College. 64.3% of these degrees were awarded to women, and 35.7% awarded men. The majority of degree recipients were white (206 degrees), 13.7 times more than then the next closest race/ethnicity group, unknown (15 degrees).

The median undergraduate tuition at Hanover College is $35,750, which is $10,556 more than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Hanover College is $35,750, which is $10,556 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $22,455.

In 2017, 100% of undergraduate students received federal grants, while 62% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$35,750

2017 Undergraduate Tuition

In 2017, the cost of tuition at Hanover College was $35,750. The cost of tuition at Hanover College is $10,556 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

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Average Net Price

$22,455

2017 Value

2.11%

1 Year Growth

In 2017 Hanover College had an average net price — the price paid after factoring in grants and loans — of $22,455. Between 2016 and 2017, the average net price of Hanover College grew by 2.11%.

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.

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Other Student Expenses

$10,850

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Hanover College was of $10,850 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 3.81% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

100%

Of Undergraduates Receive Grants

62%

Of Undergraduates Receive Federal Loans

100% of undergraduate students at Hanover College received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 100% 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.

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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.

4.63%

2016 Default Rate

12

Number of Defaults

In 2016 the default rate for borrower's at Hanover College was 4.63%, which represents 12 out of the 259 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.

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Admissions

Hanover College received 2,757 undergraduate applications in 2017, which represents a 25.4% annual decline. Out of those 2,757 applicants, 2,310 students were accepted for enrollment, representing a 83.8% acceptance rate.

There were 1,089 students enrolled at Hanover College in 2017, and 45% of first-time enrollees submitted SAT scores with their applications.

Hanover College has an overall enrollment yield of 14.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.8%

Acceptance Rate in 2017

2,310

Accepted Out of 2,757

In 2017, the undergraduate acceptance rate of Hanover College was 83.8% (2,310 admissions from 2,757 applications). This is higher than the acceptance rate of 2016, which was 57.3%. Between 2016 and 2017, the number of applicants declined by -25.4%, while admissions grew by 9.01%.

This chart compares the acceptance rate of Hanover College (in red) with that of other similar universities.

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SAT Scores

45%

Submission Percentage

154

Scores Submitted

45% of enrolled first-time students at Hanover College in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Hanover College has a total enrollment of 1,089 students. The full-time enrollment at Hanover College is 1,081 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 75.8% White, 5.33% Black or African American, 3.4% Hispanic or Latino, 1.65% Two or More Races, 1.1% Asian, 0.643% American Indian or Alaska Native, and 0.275% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hanover College in full-time Undergraduate programs are majority White Female (41.4%), followed by White Male (34.7%) and Black or African American Female (2.78%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

99.3%

Full-Time Enrollment

The total enrollment at Hanover College, both undergraduate and graduate, is 1,089 students. The full-time enrollment at Hanover College is 1,081 and the part-time enrollment is 8. This means that 99.3% of students enrolled at Hanover College are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

79%

2017 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 79%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    826

  2. Black or African American

    58

  3. Hispanic or Latino

    37

The enrolled student population at Hanover College is 75.8% White, 5.33% Black or African American, 3.4% Hispanic or Latino, 1.65% Two or More Races, 1.1% Asian, 0.643% American Indian or Alaska Native, and 0.275% 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 54.9% White, 14% Black or African American, and 12.6% Hispanic or Latino.

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, 100 students (9.18%) did not report their race.

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Graduates

In 2017, 78 more women than men received degrees from Hanover College. The majority of degree recipients at Hanover College are white (206 degrees awarded). There were 13.7 times more white graduates than the next closest race/ethnicity group, unknown (15 degrees).

The most common Bachelor's Degree concentration at Hanover College is Speech Communication & Rhetoric (27 degrees awarded), followed by Kinesiology & Exercise Science (22 degrees) and General Psychology (21 degrees).

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 (32 degrees awarded), Philosophy and Religious Studies (7 degrees), and Language & Linguistics (15 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hanover College are Elementary & middle school teachers (181,832 people), Postsecondary teachers (153,536 people), Lawyers, & judges, magistrates, & other judicial workers (149,232 people), Other managers (141,698 people), and Physicians (97,386 people).

The most specialized majors at Hanover College are Parks, Recreation, & Leisure (32 degrees awarded), Philosophy and Religious Studies (7 degrees), Language & Linguistics (15 degrees), Physical Sciences (22 degrees), and History (13 degrees).

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Highest Paying Jobs by Major

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 Surgeons, Dentists, Securities, commodities, & financial services sales agents, Physicians, and Personal financial advisors

The most specialized majors at Hanover College are Parks, Recreation, & Leisure (32 degrees awarded), Philosophy and Religious Studies (7 degrees), Language & Linguistics (15 degrees), Physical Sciences (22 degrees), and History (13 degrees).

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Common Industries by Major

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 Elementary & secondary schools (340,926 people), Colleges, universities & professional schools, including junior colleges (308,804 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (160,762 people), Legal services (113,493 people), and Computer Systems Design (101,976 people).

The most specialized majors at Hanover College are Parks, Recreation, & Leisure (32 degrees awarded), Philosophy and Religious Studies (7 degrees), Language & Linguistics (15 degrees), Physical Sciences (22 degrees), and History (13 degrees).

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Degrees

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

  1. 27 degrees awarded

  2. 22 degrees awarded

  3. 21 degrees awarded

In 2017, the most common bachelors degree concentration at Hanover College was Speech Communication & Rhetoric with 27 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 97

  2. 175

In 2017, 97 degrees were awarded to men at Hanover College, which is 0.554 times less than the number of degrees awarded to females (175).

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

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Most Common Male Majors

In 2017, 14 degrees were awarded to men at Hanover College in General Economics, which is 2.33 times more than the 6 female recipients with that same degree.

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Most Common Female Majors

In 2017, 18 degrees were awarded to women at Hanover College in General Psychology, which is 6 times more than the 3 male recipients with that same degree.

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Time to Complete

65%

100% Completion Time

67%

150% Completion Time

In 2017, 65% of students graduating from Hanover College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 68% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Hanover College is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (68.1%).

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, 1.32% of graduates (3 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    206 degrees awarded

  2. Unknown

    15 degrees awarded

  3. Black or African American

    9 degrees awarded

The most common race/ethnicity at Hanover College is white (206 degrees awarded). There were 13.7 times more white recipients than the next closest race/ethnicity group, unknown (15 degrees).

5.51% of degree recipients (15 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    132 degrees awarded

  2. White Male

    74 degrees awarded

  3. Hispanic or Latino Female

    9 degrees awarded

The most common race/ethnicity and gender grouping at Hanover College is white female (132 degrees awarded). There were 1.78 times more white female recipients than the next closest race/ethnicity group, white male (74 degrees).

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Operations

Hanover College has an endowment valued at nearly $142M, as of the end of the 2017 fiscal year. The return on its endowment was of $16.4M (11.5%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Hanover College had a total salary expenditure of $36.3M. Hanover College employs 44 Professors, 17 Associate professors, and 17 Assistant professors. Most academics at Hanover College are Male Professors (27), Female Professors(17), and Male Associate professors (12).

The most common positions for non-instructional staff at Hanover College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 32 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 32 employees, and Service with 26 employees.

Finances

Endowment

$142M

2017 Endowment

4.32%

growth from 2016

Hanover College has an endowment valued at about $142M, as of the end of the 2017 fiscal year. The endowment of Hanover College grew 4.32% from the previous year. The value of their endowment was $105M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Hanover College received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$15.2M

2017 Salaries

2.18%

decline from 2016

In 2017, Hanover College paid a median of $15.2M in salaries, which represents 41.9% of their overall expenditure ($36.3M) and a 2.18% decline from the previous year. This is compared to a 0.0215% decline from 2015 and a 2.73% decline from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$5.69M

Instructional Salaries

81

Number of Employees

In 2017, Hanover College paid a total of $5.69M to 81 employees working as instructors, which represents 37.5% of all salaries paid.

This is compared to a median of $8.01M (34.6%) for similar Baccalaureate Colleges: Arts & Sciences Focus.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

44 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

32 Employees

In 2017, the most common positions for instructional staff at Hanover College were Professor with 44 employees; Associate professor with 17 employees; and Associate professor with 17 employees.

In 2017, the most common positions for non-instructional staff at Hanover College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 32 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 32 employees; and Service with 26 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Professor

  3. Male Associate professor

In 2017, the most common demographic for instructional staff at Hanover College was Male Professor with 27 employees, Female Professor with 17 employees, and Male Associate professor with 12 employees.

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

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