Hanover College

What the IPEDS & College Scorecard Data Shows for Hanover College

Hanover College operates as a private nonprofit institution located in Hanover, Indiana (town: distant), with a total reported enrollment of 1,031 students of which 968 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Hanover College is categorized as “21” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 83.7%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,201 and an ACT midpoint of 28. The average net price after grants and scholarships is $21,829, with published in-state tuition of $44,638 and a Pell grant recipient share of 25.8%. Median federal student debt at graduation is $25,250, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 65.4%, and the first-year retention rate is 81.8%. Graduates earn a median of $53,957 ten years after enrolling, compared with $42,876 six years post-enrollment. Within three years of entering repayment, 43400.0% of borrowers are making progress on their federal loans, and 66.7% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.