Hanover College

Hanover College is a less selective private nonprofit college in Hanover, Indiana. It admits most applicants, graduates 67% of its students within six years, and its former students earn a median $53,957 ten years after starting college, more than 62% of the Indiana colleges we cover.

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Acceptance rate
84%

More selective than 40% of Indiana colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$21,829 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $58,821. College Scorecard.

Graduation rate
67%

Higher than 71% of Indiana colleges we cover and 74% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$53,957

Higher than 62% of Indiana colleges we cover and 52% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Hanover College acceptance rate & admissions

Of 2,702 applicants, Hanover College admitted 2,269 and 264 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1110–1280 on the SAT or 23–29 on the ACT.

2,702
Applied
2,269
Admitted
264
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1110–1280
ACT composite, middle 50% of first-years23–29
First-years who sent SAT scores27%
First-year students who return82%
Pell Grant recipients26%
First-generation students25%
Women / men50% / 50%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

Hanover College tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$44,638
Housing & meals, on campus$13,558
Books & supplies$1,200
Total cost of attendance$58,821

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$19,500
Loan default rate3.4%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

What Hanover College costs to finish, and how fast it pays back

Graduates of Hanover College took 4.1 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Indiana. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$16,832$68,5063.7 years
$30–48k$18,773$76,4064.1 years
$48–75k$16,944$68,9623.7 years
$75–110k$23,824$96,9645.3 years
$110k+$27,030$110,0126.0 years

Cost to finish = yearly price × 4.1 years, the average time graduates took (59% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($53,957) minus $35,534 for high school graduates ages 25-34 in IN (Census ACS 2020-2024), a gain of $18,423 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.

Best-value colleges in Indiana for your income →

Hanover College majors, earnings & careers

Hanover College offers 36 bachelor's majors across 10 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 11
  • Science & Math · 8
  • Arts & Design · 4
  • Social Sciences & Public Service · 4
  • Business & Finance · 2
  • Education · 2
  • Engineering · 2
  • Communications & Media · 1
  • Health & Medicine · 1
  • Technology & Computing · 1

Highest-earning majors at Hanover College

MajorEarnings, 4 yrsMedian debt
Economics$73,827$26,898
Biology$61,030$27,000
Psychology$59,512$27,000
Communications$58,227$27,000
Kinesiology / Exercise Science$56,668$27,000
Quick list of all 36 majors
  • Anthropology—
  • Biochemistry—
  • Biology$61,030
  • Business—
  • Chemistry—
  • Classical and Ancient Studies—
  • Classics—
  • Communications$58,227
  • Computer Science—
  • Economics$73,827
  • Education (Elementary / Secondary)—
  • Education, Other—
  • Engineering—
  • Engineering Science—
  • English—
  • Environmental Science / Conservation—
  • Ethnic / Gender Studies—
  • Geology / Earth Science—
  • German—
  • Graphic / Interior / Fashion Design—
  • History—
  • International / Global Studies—
  • Kinesiology / Exercise Science$56,668
  • Mathematics—
  • Medieval and Renaissance Studies—
  • Music—
  • Neuroscience—
  • Philosophy—
  • Physics—
  • Political Science—
  • Psychology$59,512
  • Sociology—
  • Spanish / French / Romance Languages—
  • Studio Art—
  • Theatre—
  • Theology / Ministry—

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Communications → Public relations specialist

$64,900
Indiana
$74,750
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 1.8% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Biology → Biological technician

$58,790
Indiana
$57,510
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 7.4% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Hanover

Off-campus rent, 1 bedroom
$862/mo

2 bedrooms $1,041.

HUD Fair Market Rent, FY2027

Weather
42° / 88°

January and July average highs. 51 inches of rain a year, 12 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively Low

No hazard rated high.

FEMA National Risk Index, Jefferson County

Campus & students

Total enrollment (incl. graduate)1,157
First-year students from Indiana67%
Next most common home statesKentucky, Ohio, Tennessee
AthleticsNCAA Division III with football · 13 sports
Undergraduate degrees awarded, 2023-24100% bachelor's
Campus typeHighly residential
Student bodyWhite 80% · Two or more 6% · Hispanic 4% · Black 4%International 4%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Jefferson County at a glance

Population32,998
Median household income$64,577
Adults with a bachelor's degree20%
Median age42

U.S. Census Bureau, ACS 5-year 2024

Compare Hanover College with similar schools

Similar private colleges in Indiana by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Hanover College84%$21,82967%$53,957This school
Goshen College84%$14,49365%$51,943
Grace College and Theological Seminary82%$19,93269%$45,411
Oakland City University83%$15,21066%$43,283
Huntington University76%$19,31064%$46,672

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Hanover College would cost you $7,336 more per year than Goshen College, on average.

  • Higher sticker price at Hanover College, mostly from higher tuition & fees (+$5,748).
  • Hanover College gives aided families $3,036 more in grants, on average.
Per year, Indiana residentHanover CollegeGoshen CollegeDifference
Tuition & fees$44,638$38,890+$5,748
Books & supplies$1,200$1,350−$150
Housing & meals$13,558$11,320+$2,238
Personal & travel$1,500$2,800−$1,300
Living-at-home adjustment−$2,075−$5,911+$3,836
Sticker price$58,821$48,449+$10,372
Average grants−$36,992−$33,956−$3,036
You pay$21,829$14,493+$7,336

“+” means Hanover College costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about Hanover College

What is the Hanover College acceptance rate?

Hanover College accepts 84% of applicants (College Scorecard). In the latest IPEDS admissions year, 2,269 of 2,702 applicants were admitted. The middle half of enrolled first-year students scored 1110–1280 on the SAT or 23–29 on the ACT.

How much does Hanover College cost per year?

The sticker price (cost of attendance) is $58,821 a year. After grants and scholarships, students receiving federal aid pay $21,829 a year on average; families earning $0–30k pay $16,832 and families earning $110k+ pay $27,030.

How much do Hanover College graduates earn?

Former Hanover College students earn a median $53,957 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Hanover College graduation rate?

67% of first-time, full-time students graduate within six years, and 82% return for their second year.

How long does a Hanover College degree take to pay off?

For a family earning $48–75k, finishing at Hanover College costs about $68,962 after grants ($16,944 a year for 4.1 years, the average time graduates took). Former students earn a median $53,957 ten years after starting, $18,423 more than high school graduates in Indiana ($35,534), so the cost is repaid in 3.7 years of that gain, before taxes and interest (EducationGuide calculation).

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Hanover College: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/hanover-college (College Scorecard and IPEDS data).