Number Received Financial Aid (All Undergraduate)
1,002
Percent Received Financial Aid(All Undergraduate)
93%
Average Aid Amount
$32,550
Number Received Financial Aid (Freshmen)
276
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Hanover
For the academic year 2021-2022, a total of 1,002 students (93% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $32,550. For freshmen (Full-time, first-time degree-seeking undergraduate students), 276 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Hanover College is $42,894, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,002 students (93% of all students) have received grants or scholarships and the average received aid amount is $32,550. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Hanover College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,002 | 93% | $32,550 |
| Pell Grants | 277 | 26% | $4,550 |
| Federal Student Loans | 549 | 51% | $6,413 |
Beginning Students Financial Aid
a total of 276 beginning students (100% of all freshmen) have received any financial aid and 275 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Hanover College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 276 | 100% | - |
| Grants or Scholarship from All Sources | 275 | 100% | $28,650 |
| Federal Grants | 60 | 22% | $2,741 |
| Pell Grants | 59 | 21% | $2,223 |
| Other Federal Grants | 31 | 11% | $1,076 |
| State/Local Grants | 46 | 17% | $3,220 |
| Institutional Grants | 275 | 100% | $27,513 |
| Student Loans | 232 | 84% | $2,452 |
| Federal Student Loans | 204 | 74% | $1,626 |
| Other Student Loans | 28 | 10% | $8,469 |
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