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Hanover College Tuition Information

In 2021, tuition for full-time Hanover College students was $39,400 a year.

In 2021, tuition increased 1.34%–from $38,880 the prior year. On average, colleges raise tuition about 3% each year.

If these numbers sound impossible, remember, the "sticker price" of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is way less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theactual cost of attending college more manageable until after graduation.

Hanover College: In-state vs. Out-of-State Tuition

Hanover College is a private, religious institution, so it has the same tuition for residents of Indiana as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for those who qualify as Indiana residents.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Don't forget to verify your state's criteria for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on where you live.

Explore other Indiana colleges

Is Hanover College's Tuition Different for International Students?

Tuition at Hanover College is the same for all students.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or Hanover College-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Hanover College:

  • On-campus jobs
  • Hanover College-specific loans
  • Hanover College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

Hanover College Housing Expenses and Other Costs

Tuition is not the only cost of attending college;room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Hanover College.

Room and Board Costs at Hanover College

Room and board at Hanover College is $12,540 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the school dining facilities.

Board costs vary based on on the numnber of meals you intend to eat on-campus

Cost of Books at Hanover College

The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more. Students who attend Hanover College full time pay $850 in fees every year they are enrolled.

Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have resources for students who may struggle to participate because of cost can get help covering these fees.

The Cost of Transportation at Hanover College

The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school?. Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these factors can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

Where are a college is located can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city could be pricey, but cities may offer more trains, busses and affordable flights to actually get to school. Hanover Collegeis in a rural setting in Indiana, not far from Louisville.

Are There Any Other Costs Associated With College?

When budgeting for college, don’t forget to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo .

Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Hanover College.

How Much Does Hanover College Cost?

2021 Total Tuition and Expenses
Tuition $39,400
Room and Board $12,540
Board Only $6,330
Yearly Fees $850
Other expenses $900
Total Estimated Costs
On-Campus $54,890
Off-Campus $48,680

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

Hanover College Financial Aid

The majority of Hanover College undergrads use financial aid to help pay for school. In 2021, 726 of the 1,028 undergrads enrolled received financial aid. Hanover College meets 90.54% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $36,990 a year. Around 71% of Hanover College undergrads take out student loans to cover any remaining costs. Hanover College graduates who have student loans graduate with an average of $29,190 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $23,792
State Loans $0
Hanover College-Specific Loans $7,144
Private Loans $31,227
Most Common Loans for Hanover College Students
Federal Loans 68%
Institutional Loans 9%
Private loans 12%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Hanover College financial aid, keep reading, or visit their financial aid website.

Scholarships at Hanover College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2021, Hanover College awarded 726 need-based scholarships to students, giving away total of $23 million to help students with financial need cover the cost of school. An additional $8.26 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Hanover College

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Hanover College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Hanover College was $36,990 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hanover College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $17,900
Off-Campus $11,690

What will attending Hanover College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Hanover College's net cost calculator on their website.

Hanover College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Hanover College does not have guaranteed tuition.

A Prepaid Tuition Plan is not available for Hanover College students.

Hanover College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Hanover College Tuition Waivers

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Hanover College has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Learn More About Hanover College

Choose one of the options below to find out more about about Hanover College:

Overview

Student Life

Academics

Admissions

See what others are saying about Hanover College in the College Confidential forums

Hanover College Tuition & Fees

Tuition & Fees

$53,990

In State

$53,990

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$39,400
$39,400
Fees
$850
$850
Housing
$12,540
$12,540
Books
$1,200
$1,200

Hanover College Financial Aid

Students Who Receive Need-Based Aid

74%

Average Financial Aid Package

$36,072

© 2021 College Confidential / Concentrical LLC, Data provided by IPEDs and Peterson's Databases, © 2020 Peterson's LLC.

Quick Facts

Total Enrollment

1,028

Campus Setting

Rural

Acceptance Rate

69%

Tuition and Fees

In State

$40,250

Out-of-State

$40,250

Fall Freshmen
Application Deadline

Continuous processing
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