Number Received Financial Aid (All Undergraduate)
950
Percent Received Financial Aid(All Undergraduate)
100%
Average Aid Amount
$32,352
Number Received Financial Aid (Freshmen)
280
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Hanover
For the academic year 2023-2024, a total of 950 students (100% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $32,352. For freshmen (Full-time, first-time degree-seeking undergraduate students), 280 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Hanover College is $42,698, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 950 students (100% of all students) have received grants or scholarships and the average received aid amount is $32,352. 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 | 950 | 100% | $32,352 |
| Pell Grants | 247 | 26% | $4,705 |
| Federal Student Loans | 508 | 53% | $6,439 |
Beginning Students Financial Aid
a total of 280 beginning students (100% of all freshmen) have received any financial aid and 280 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 | 280 | 100% | - |
| Grants or Scholarship from All Sources | 280 | 100% | $33,304 |
| Federal Grants | 80 | 29% | $5,234 |
| Pell Grants | 80 | 29% | $4,754 |
| Other Federal Grants | 40 | 14% | $961 |
| State/Local Grants | 85 | 30% | $7,370 |
| Institutional Grants | 280 | 100% | $29,571 |
| Student Loans | 253 | 90% | $6,381 |
| Federal Student Loans | 155 | 55% | $4,698 |
| Other Student Loans | 117 | 42% | $7,575 |
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