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What is the average financial aid amount at Hanover College?

For the academic year 2022-2023, total 276 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 1,002 students (93% of all students) received grants or scholarships and the average grant amount is $32,550. In addition, 549 students received student loans and the average loan amount is $6,413.

Below tables show the number and amount by source of financial aid at Hanover College.
All Undergraduate Student Financial Aid at Hanover College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,00293%$32,550
Pell Grants27726%$4,550
Federal Student Loans54951%$6,413
Beginning Students (Freshmen) Financial Aid at Hanover College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid276100%-
Grants or Scholarship from All Sources275100%$28,650
Federal Grants6022%$2,741
Pell Grants5921%$2,223
Other Federal Grants3111%$1,076
State/Local Grants4617%$3,220
Institutional Grants275100%$27,513
Student Loans23284%$2,452
Federal Student Loans20474%$1,626
Other Student Loans2810%$8,469

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