Hanover College

www.hanover.edu

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2020 Undergraduate Tuition

$38,880

2.37% growth from 2019

2020 Average Net Price

$22,389

After Financial Aid

2018 Student Loan

3.44%

Default Rate

2020 Acceptance Rate

69.3%

2,565 Applicants

2020 Enrolled Students

1,028

99% Full-Time

2020 Graduation Rate

71.7%

210 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 Kinesiology & Exercise Science (32 degrees awarded), Speech Communication & Rhetoric (25 degrees), and General Biological Sciences (21 degrees).

In 2020, 262 degrees were awarded across all undergraduate and graduate programs at Hanover College. 57.3% of these degrees were awarded to women, and 42.7% awarded men. The most common race/ethnicity group of degree recipients was white (209 degrees), 13.1 times more than then the next closest race/ethnicity group, black or african american (16 degrees).

The median undergraduate tuition at Hanover College is $38,880, which is $10,480 more than the national average for Baccalaureate Colleges ($28,400).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Hanover College is $38,880, which is $10,480 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $22,389.

In 2020, 100% of undergraduate students attending Hanover College received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$38,880

2020 Undergraduate Tuition

In 2020, the cost of tuition at Hanover College was $38,880. The cost of tuition at Hanover College is $10,480 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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

Average Net Price

$22,389

2020 Value

0.0581%

1 Year Growth

In 2020 Hanover College had an average net price — the price paid after factoring in grants and loans — of $22,389. Between 2019 and 2020, the average net price of Hanover College grew by 0.0581%.

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

$11,950

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Hanover College was of $11,950 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 3.2% between 2019 and 2020. 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

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Hanover College received financial aid through grants or loans in 2020. This represents a growth of 0% with respect to 2019, 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.

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.

3.44%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Hanover College was 3.44%, which represents 9 out of the 262 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 2,565 undergraduate applications in 2020, which represents a 18% annual decline. Out of those 2,565 applicants, 1,778 students were accepted for enrollment, representing a 69.3% acceptance rate.

There were 1,028 students enrolled at Hanover College in 2020, and 38% of first-time enrollees submitted SAT scores with their applications.

Hanover College has an overall enrollment yield of 15.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

69.3%

Acceptance Rate in 2020

1,778

Accepted Out of 2,565

In 2020, the undergraduate acceptance rate of Hanover College was 69.3% (1,778 admissions from 2,565 applications). This is higher than the acceptance rate of 2019, which was 64.8%. Between 2019 and 2020, the number of applicants declined by −18%, while admissions declined by −12.3%.

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

SAT Scores

38%

Submission Percentage

102

Scores Submitted

38% of enrolled first-time students at Hanover College in 2020 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.

Enrollment

Hanover College has a total enrollment of 1,028 students. The full-time enrollment at Hanover College is 1,018 students and the part-time enrollment is 10. This means that 99% of students enrolled at Hanover College are enrolled full-time.

The enrolled student population at Hanover College, both undergraduate and graduate, is 75.5% White, 4.47% Black or African American, 3.79% Hispanic or Latino, 3.4% Two or More Races, 0.681% Asian, 0.486% American Indian or Alaska Native, and 0.195% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hanover College in full-time Undergraduate programs are most commonly White Female (42.7%), followed by White Male (32.9%) and Black or African American Male (2.95%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

99%

Full-Time Enrollment

The total enrollment at Hanover College, both undergraduate and graduate, is 1,028 students. The full-time enrollment at Hanover College is 1,018 and the part-time enrollment is 10. This means that 99% of students enrolled at Hanover College are enrolled full-time compared with 80.1% 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

84%

2020 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 84%. 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
776
Black or African American
46
Hispanic or Latino
39

The enrolled student population at Hanover College is 75.5% White, 4.47% Black or African American, 3.79% Hispanic or Latino, 3.4% Two or More Races, 0.681% Asian, 0.486% American Indian or Alaska Native, and 0.195% 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 54.8% White, 13.8% Black or African American, and 13.4% 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, 90 students (8.75%) did not report their race.

Graduates

In 2020, 38 more women than men received degrees from Hanover College. The most common race/ethnicity group of degree recipients at Hanover College is white (209 degrees awarded). There were 13.1 times more white graduates than the next closest race/ethnicity group, black or african american (16 degrees).

The most common Bachelor's Degree concentration at Hanover College is Kinesiology & Exercise Science (32 degrees awarded), followed by Speech Communication & Rhetoric (25 degrees) and General Biological Sciences (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 (44 degrees awarded), History (12 degrees), and Philosophy and Religious Studies (5 degrees).

Workforce

Common Jobs by Major

Elementary & middle school teachers

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 Elementary & middle school teachers (234,327 people), Lawyers, & judges, magistrates, & other judicial workers (200,162 people), Postsecondary teachers (147,773 people), Other managers (130,793 people), and Secondary school teachers (122,641 people).

The most specialized majors at Hanover College are Parks, Recreation, & Leisure (44 degrees awarded), History (12 degrees), Philosophy and Religious Studies (5 degrees), Language & Linguistics (8 degrees), and English (13 degrees).

Highest Paying Jobs by Major

Surgeons

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, Clinical and counseling psychologists, Aerospace engineers, Computer hardware engineers, and Entertainers & performers, sports & related workers, all other

Common Industries by Major

Elementary & secondary schools

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 (488,387 people), Colleges, universities & professional schools, including junior colleges (304,624 people), Legal services (162,602 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (137,858 people), and Computer Systems Design (103,568 people).

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

Kinesiology & Exercise Science
32 degree-majorss awarded
Speech Communication & Rhetoric
25 degree-majorss awarded
General Biological Sciences
21 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Hanover College was Kinesiology & Exercise Science with 32 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

112

Degrees Awarded to Men

in 2020

150

Degrees Awarded to Women

in 2020

In 2020, 112 degrees were awarded to men at Hanover College, which is 0.747 times less than the number of degrees awarded to females (150).

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

Most Common Male Majors

In 2020, 15 degrees were awarded to men at Hanover College in Speech Communication & Rhetoric, which is 1.5 times more than the 10 female recipients with that same degree.

Most Common Female Majors

In 2020, 18 degrees were awarded to women at Hanover College in General Biological Sciences, which is 6 times more than the 3 male recipients with that same degree.

Time to Complete

69%

100% Completion Time

72%

150% Completion Time

In 2020, 69% of students graduating from Hanover College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 72% completed their degrees within 150% of the normal time, and 72% 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.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Hanover College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 1.43% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
209 degrees awarded
Black or African American
16 degrees awarded
Unknown
16 degrees awarded

The most common race/ethnicity at Hanover College is white (209 degrees awarded). There were 13.1 times more white recipients than the next closest race/ethnicity group, black or african american (16 degrees).

6.11% of degree recipients (16 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
121 degrees awarded
White Male
88 degrees awarded
Black or African American Female
9 degrees awarded

The most common race/ethnicity and sex grouping at Hanover College is white female (121 degrees awarded). There were 1.38 times more white female recipients than the next closest race/ethnicity group, white male (88 degrees).

Operations

Hanover College has an endowment valued at nearly $143M, as of the end of the 2020 fiscal year. The return on its endowment was of $1.82M (1.28%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Hanover College had a total salary expenditure of $36.6M. Hanover College employs 47 Professors, 22 Assistant professors, and 17 Associate professors. Most academics at Hanover College are Male Professors (30), Female Professors(17), and Male Assistant professors (12).

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 Management with 20 employees.

Finances

Endowment

$143M

2020 Endowment

2.24%

decline from 2019

Hanover College has an endowment valued at about $143M, as of the end of the 2020 fiscal year. The endowment of Hanover College declined 2.24% from the previous year. The value of their endowment was $103M 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.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, 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.

Expenses

Salary Expenditure

$16.5M

2020 Salaries

13.9%

growth from 2019

In 2020, Hanover College paid a median of $16.5M in salaries, which represents 45.1% of their overall expenditure ($36.6M) and a 13.9% growth from the previous year. This is compared to a 0.971% decline from 2018 and a 3.75% decline from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

Instructional Salaries

$6.45M

Instructional Salaries

Number of Employees

In 2020, Hanover College paid a total of $6.45M to 89 employees working as instructors, which represents 39.1% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

Faculty and Staff

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 2020, the most common positions for instructional staff at Hanover College were Professor with 47 employees; Assistant professor with 22 employees; and Assistant professor with 17 employees.

In 2020, 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 Management with 20 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female Professor
Male Assistant professor

In 2020, the most common demographic for instructional staff at Hanover College was Male Professor with 30 employees, Female Professor with 17 employees, and Male Assistant professor with 12 employees.

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

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